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 positive note as Sensex closed higher by 0.14 per cent and closed at 80,956.33, while Nifty closed higher by 0.04 per cent and closed at 24,467.45 level. However, the Broader market, Nifty Midcap closed higher by 1.05 per cent at 58,112.40, while Nifty Smallcap closed higher by 0.89 per cent and closed at 19,173.55.
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Market volatility, as indicated by India VIX, rose by 0.56 per cent and is trading at the level of 14.45 reflecting a slight rise in market volatility.
Top 3 price-volume breakout stocks:
UCO Bank: UCO Bank is currently trading at Rs 50.9, showing a per cent change of 12.79 per cent compared to its previous close of Rs 45.13. The stock has witnessed a significant price-volume breakout, with a trading volume of 9.25 crore shares. It has crossed its 50-day EMA with strong momentum. UCO Bank's 52-week high is Rs 70.65, while the stock has delivered a return of 38.50 per cent from its 52-week low. The price and volume movement highlights strong activity in the stock.
Indian Overseas Bank: Indian Overseas Bank is currently trading at Rs 59.09, reflecting a per cent change of 8.52 per cent from its previous close of Rs 54.45. The stock experienced a price-volume breakout with a trading volume of 4.77 crore shares. It has crossed its 50-day EMA. With a 52-week high of Rs 83.75, the stock has achieved returns of 47.54 per cent from its 52-week low. The high trading volume signals active participation in the stock.
HEG Ltd: HEG Ltd is currently trading at Rs 593.85, recording an 18.64 per cent change from its previous close of Rs 500.55. The trading volume for the day was 4.56 crore shares, indicating significant movement. The stock touched its 52-week high of Rs 595 during the session and has delivered returns of 85 per cent from its 52-week low. The price and volume breakout suggests heightened interest, with the stock achieving new highs.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Uco Bank
|
50.39
|
9,24,74,383
|
|
2
|
Indian Overseas Bank
|
58.97
|
4,77,25,571
|
|
3
|
Heg Ltd
|
581.65
|
4,55,55,804
|
|
4
|
NIVABUPA
|
98.31
|
4,11,32,031
|
|
5
|
Central Bank Of India
|
61.01
|
4,09,22,109
|
|
6
|
Swan Energy Ltd
|
709.4
|
3,14,79,327
|
|
7
|
Rbl Bank Ltd
|
173.4
|
2,66,68,112
|
|
8
|
RattanIndia Enterprises Ltd
|
72.14
|
2,20,03,785
|
|
9
|
Star Cement Ltd
|
207.64
|
1,58,61,161
|
|
10
|
Graphite India Ltd
|
608.3
|
1,48,58,580
|
Disclaimer: The article is for informational purposes only and not investment advice.