Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Wednesday, Benchmark indices concluded the trading day on a negative note as Sensex closed lower by 0.17 per cent and closed at 80,081.98, while Nifty closed lower by 0.15 per cent and closed at 24,435.50 level. However, in the Broader market, Nifty Mid-Cap closed higher by 0.64 per cent at 56,533.55, while Nifty Small-Cap closed higher by 1.25 per cent and closed at 18,286.20.
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Market volatility, as indicated by India VIX, rose by 1.53 per cent and is trading at the level of 14.62 reflecting a rise in market volatility.
Top 3 price-volume breakout stocks:
One 97 Communications Ltd: One 97 Communications Ltd saw significant movement today with a high of Rs 771.7 and is currently trading at Rs 738.2, up from its previous close of Rs 686.45, marking a 7.54 per cent rise. The traded volume reached 4.37 crore shares, reflecting a substantial increase in activity. The stock is nearing its 52-week high of Rs 992, and with returns from the 52-week low standing at 138.13 per cent, it has delivered multibagger returns. The stock witnessed a price volume breakout along with a volume spike, indicating strong market interest and momentum.
Firstsource Solutions Ltd: Firstsource Solutions Ltd touched a high of Rs 362 and is currently trading at Rs 339.1, an 8.29 per cent rise from the previous close of Rs 313.15. The traded volume for the day was 2.78 crore shares. The stock broke its 52-week high of Rs 362 today, and returns from the 52-week low stand at 128.66 per cent, indicating multibagger returns. The stock experienced a price volume breakout and volume spike, showing an increase in buying interest and high trading volumes.
Manappuram Finance Ltd: Manappuram Finance Ltd reached a high of Rs 149.16 and is currently trading at Rs 146, a 4.66 per cent increase from the previous close of Rs 139.5. With a traded volume of 1.87 crore shares, the stock witnessed a significant volume spike. It is trading below its 52-week high of Rs 230.4 but has gained 16.47 per cent from its 52-week low. The stock showed a price volume breakout, reflecting increased market attention and trading activity.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
One 97 Communications Ltd
|
745.1
|
4,36,91,201
|
|
2
|
Firstsource Solutions Ltd
|
350.9
|
2,77,57,280
|
|
3
|
Manappuram Finance Ltd
|
146.65
|
1,86,92,149
|
|
4
|
Gujarat Mineral Development Corporation Ltd
|
355.5
|
1,86,61,150
|
|
5
|
Varun Beverages Ltd
|
628.75
|
1,49,09,785
|
|
6
|
Bls International Services Ltd
|
380.95
|
1,32,94,144
|
|
7
|
Mahanagar Telephone Nigam Ltd
|
51.33
|
1,20,90,724
|
|
8
|
Max Financial Services Ltd
|
1271.9
|
59,91,957
|
|
9
|
Deepak Fertilizers And Petrochemicals Corporation Ltd
|
1118.75
|
55,55,987
|
|
10
|
Titagarh Rail Systems Ltd
|
1191.7
|
46,85,599
|
Disclaimer: The article is for informational purposes only and not investment advice.