Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Monday, Benchmark indices concluded the trading day on a negative note as Sensex closed lower by 0.09 per cent and closed at 81,151.28, while Nifty closed lower by 0.29 per cent and closed at 24,781.10 level. Similarly, the Broader market, Nifty Mid-Cap closed lower by 1.66 per cent at 57,677.70, while Nifty Small-Cap closed lower by 1.47 per cent and closed at 18,797.40.
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Market volatility, as indicated by India VIX, rose by 5.52 per cent and is trading at the level of 13.76 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
Tata Chemicals Ltd: Tata Chemicals Ltd saw significant activity today, with a trading volume of 1.91 crore shares. The stock is currently trading at Rs 1,183.55, up from the previous close of Rs 1,088.10, representing an 8.77 per cent increase. The 52-week high is Rs 1,349, and the stock has shown a return of 26.85 per cent from its 52-week low. The company has released its Quarterly Results, which coincided with a price-volume breakout and a volume spike. These factors contributed to the positive movement in today's session.
Tejas Networks Ltd: Tejas Networks Ltd witnessed a strong price-volume breakout with a trading volume of 1.33 crore shares. The stock is currently trading at Rs 1,322, reflecting an 11.31 per cent increase from the previous close of Rs 1,187.70. The 52-week high is Rs 1,495, and the stock has delivered multibagger returns of 102.99 per cent from its 52-week low. The company's quarterly results announcement also aligned with today's volume spike, driving market interest.
Mukka Proteins Ltd: Mukka Proteins Ltd saw a notable price-volume breakout today, trading 81.69 lakh shares. The stock is currently trading at Rs 46.06, up from the previous close of Rs 41.76, reflecting a 10.30 per cent increase. The 52-week high is Rs 56.56, and the stock has returned 53.53 per cent from its 52-week low. The stock also broke its 52-week high during the session, contributing to the overall momentum with a volume spike.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Tata Chemicals Limited
|
1189
|
1,91,61,865
|
|
2
|
Tejas Networks
|
1318.6
|
1,33,50,055
|
|
3
|
Mukka Proteins Ltd
|
45.78
|
81,71,860
|
|
4
|
Orient Cement Limited
|
352.45
|
74,98,458
|
|
5
|
GFL Ltd
|
119.34
|
61,09,607
|
|
6
|
Amber Enterprises India Ltd
|
6344.45
|
46,10,466
|
|
7
|
Abans Holdings Ltd
|
399.1
|
26,63,856
|
|
8
|
Bf Investment Limited
|
768.8
|
17,20,373
|
|
9
|
Platinum Industries Ltd
|
470.85
|
13,63,774
|
|
10
|
Silgo Retail Ltd
|
49.91
|
11,49,890
|
Disclaimer: The article is for informational purposes only and not investment advice.