Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Tuesday, Benchmark indices concluded the trading day on a positive note as Sensex closed higher by 0.45 per cent and closed at 80,369.03, while Nifty closed higher by 0.52 per cent and closed at 24,466.85 level. Similarly, the Broader market, Nifty Midcap closed higher by 0.92 per cent at 56,251.30, while Nifty Smallcap closed higher by 0.76 per cent and closed at 18,198.95.
DSIJ offers a service 'Technical Advisory Services' with recommendations for best swing trading stocks based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here
Market volatility, as indicated by India VIX, rose by 1.61 per cent and is trading at the level of 14.52 reflecting a slight rise in market volatility.
Top 3 price-volume breakout stocks:
Federal Bank Ltd: Federal Bank Ltd is currently trading at Rs 200.8, up from its previous close of Rs 184.99, marking a gain of 8.55 per cent. The stock reached a high of Rs 201.42 during the day with a significant volume of 6.79 crore shares, indicating a price volume breakout and a volume spike. The stock has risen 129.49 per cent from its 52-week low, providing multibagger returns, and has bounced off a support level. The 52-week high for the stock stands at Rs 206.59, while its market capitalization is Rs 49,142.18 crore.
Bharat Electronics Ltd: Bharat Electronics Ltd is trading at Rs 283.25, representing a 4.89 per cent increase from its previous close of Rs 270.05. The stock reached an intraday high of Rs 284.5 and traded with a volume of 3.42 crore shares, indicating a price volume breakout and volume spike. With a 52-week high of Rs 340.5, the stock has shown a 116.63 per cent return from its 52-week low, highlighting multibagger returns. Its market cap stands at Rs 2,07,153.16 crore.
Paradeep Phosphates Ltd: Paradeep Phosphates Ltd is trading at Rs 95.44, an increase of 7.72 per cent from its previous close of Rs 88.6. During the day, it reached a high of Rs 99, which aligns with its 52-week high, while the stock recorded a trading volume of 2.97 crore shares, indicating a price volume breakout and a 52-week high breakout. The stock has provided a 60.40 per cent return from its 52-week low, suggesting sustained interest, with a market capitalization of Rs 7,808.76 crore.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
The Federal Bank Ltd
|
200.7
|
6,79,24,331
|
|
2
|
Bharat Electronics Ltd
|
283.65
|
3,42,71,117
|
|
3
|
Paradeep Phosphates Ltd
|
95.48
|
2,97,26,381
|
|
4
|
Syrma SGS Technology Ltd
|
497.45
|
2,89,58,820
|
|
5
|
State Bank Of India
|
832.7
|
2,82,74,791
|
|
6
|
JSW Infrastructure Ltd
|
316
|
1,68,30,677
|
|
7
|
Housing and Urban Development Corporation
|
216.43
|
1,11,64,019
|
|
8
|
Capacite Infraprojects Ltd
|
381.15
|
61,39,340
|
|
9
|
Jsw Energy Ltd
|
683.3
|
55,37,875
|
|
10
|
Deepak Fertilizers And Petrochemicals Corporation Ltd
|
1231.95
|
35,66,513
|
Disclaimer: The article is for informational purposes only and not investment advice.