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 0.88 per cent and closed at 79,476.64, while Nifty closed higher by 0.91 per cent and closed at 24,213.30 level. Similarly, the Broader market, Nifty Midcap closed higher by 0.59 per cent at 56,115.45, while Nifty Smallcap closed higher by 0.43 per cent and closed at 18,503.45.
Market volatility, as indicated by India VIX, declined by 4.07 per cent and is trading at the level of 16.01 reflecting a fall in market volatility.
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Top 3 price-volume breakout stocks:
HFCL Ltd: HFCL Ltd is currently trading at Rs 127.75, showing a 7.03 per cent increase from the previous close of Rs 119.36. Today, the stock hit a high of Rs 128.98 with a substantial trading volume of approximately 3.81 crore shares, indicating a strong price-volume breakout. With a market cap of Rs 18,433.96 crore, HFCL has made significant gains, bouncing near a support level. The 52-week high is Rs 171, and the stock has provided returns of 96.39 per cent from its 52-week low, suggesting notable strength.
Mangalore Refinery and Petrochemicals Ltd: Mangalore Refinery and Petrochemicals Ltd is trading at Rs 165.7, up by 12.28 per cent from the previous close of Rs 147.58. The stock’s high today reached Rs 167.9, with around 3.03 crore shares changing hands, showing a price-volume breakout. The company’s market cap stands at Rs 28,733.87 crore. Currently, the stock trades with returns of 74.24 per cent from its 52-week low and has rebounded from a support zone.
Tilaknagar Industries Ltd: Tilaknagar Industries Ltd trades at Rs 335.1, a 15.04 per cent increase from the previous close of Rs 291.3. Reaching a high of Rs 349.55 today, the stock also hit a 52-week high with approximately 2.48 crore shares traded, marking a clear price-volume breakout. The market cap is Rs 6,541.23 crore. Tilaknagar Industries has achieved returns of 84.07 per cent from its 52-week low, suggesting a robust price move. Today’s activity reflects increased trading interest, particularly as it reached a new high.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Himachal Futuristic Communications Ltd
|
127.83
|
3,81,71,251
|
|
2
|
Mangalore Refinery And Petrochemicals Ltd
|
163.84
|
3,03,78,457
|
|
3
|
Tilaknagar Industries Ltd
|
339.5
|
2,48,46,192
|
|
4
|
Paradeep Phosphates Ltd
|
109.05
|
1,62,27,809
|
|
5
|
Waaree Energies Ltd
|
3472.7
|
1,41,95,116
|
|
6
|
PREMIERENE
|
1168.15
|
76,14,520
|
|
7
|
Gland Pharma Ltd
|
1832.85
|
57,56,466
|
|
8
|
ORIENTTECH
|
364.5
|
51,43,807
|
|
9
|
Shree Rama Multi-tech Ltd
|
43.25
|
45,69,465
|
|
10
|
Pudumjee Paper Products Ltd
|
135.92
|
42,68,163
|
Disclaimer: The article is for informational purposes only and not investment advice.