Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Friday, Benchmark indices concluded the last trading day of the week on a positive note as Sensex surged by 0.27 per cent and closed at 81,224.75 level, while Nifty soared by 0.42 per cent and closed at 24,854.05 level. Similarly, the Broader market experienced gains as Nifty Mid-Cap closed higher by 0.31 per cent after, while Nifty Small-Cap marginally gained by 0.06 per cent.
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Market volatility, as indicated by India VIX, has declined by 3.01 per cent and is trading below the level of 13 reflecting a slight decrease in market volatility.
Top 3 price-volume breakout stocks:
Zee Entertainment Enterprises Limited: Zee Entertainment Enterprises Limited is currently trading at Rs 130.5, up from its previous close of Rs 125.76, marking a 3.77 per cent gain. The stock saw a significant trading volume of 4.11 crore shares today, indicating a notable price-volume breakout. It has bounced from a support level, forming a bullish engulfing candlestick pattern. The stock's 52-week high is Rs 299.7, and its market capitalization stands at Rs 12,717.28 crore. Returns from the 52-week low stand at 4.47 per cent.
Axis Bank Ltd: Axis Bank is currently trading at Rs 1196.95, with a 5.75 per cent increase from its previous close of Rs 1131.85. The stock saw a volume of 2.08 crore shares, highlighting a price-volume breakout. Its 52-week high is Rs 1339.65, with the stock’s market cap reaching Rs 3,70,063.03 crore. The stock has returned 25.81 per cent from its 52-week low.
Motilal Oswal Financial Services Ltd: Motilal Oswal Financial Services Ltd is currently trading at Rs 1023.5, a 10.12 per cent increase from its previous close of Rs 929.4. It saw a volume of 1.78 crore shares today, which indicates a price-volume breakout. The stock touched its 52-week high of Rs 1064 today, and its market capitalization stands at Rs 61,616.13 crore. The stock has given multibagger returns of 353.86 per cent from its 52-week low.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Zee Entertainment Enterprises Ltd
|
132.46
|
4,11,49,035
|
|
2
|
Axis Bank Ltd
|
1196.85
|
2,08,29,629
|
|
3
|
Motilal Oswal Financial Services Ltd
|
1029.7
|
1,78,40,848
|
|
4
|
Paradeep Phosphates Ltd
|
95.04
|
1,78,04,127
|
|
5
|
Pennar Industries Ltd
|
207.39
|
97,71,365
|
|
6
|
Vishnu Prakash R Punglia Ltd
|
312.9
|
96,04,033
|
|
7
|
Mazagon Dock Shipbuilders Ltd
|
4526.35
|
84,93,147
|
|
8
|
Agro Phos India Ltd
|
48.61
|
45,12,723
|
|
9
|
Diffusion Engineers Ltd
|
340.25
|
36,89,574
|
|
10
|
Hemisphere Properties India Ltd
|
196.3
|
27,93,874
|
Disclaimer: The article is for informational purposes only and not investment advice.