Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Thursday, benchmark indices closed the trading session on a robust note, buoyed by gains across several sectors. The Sensex rallied 1.88 per cent to settle at 79,975.05, while the Nifty 50 climbed 1.88 per cent to close at 24,188.65, showcasing strong momentum.
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In the broader market, the Nifty Mid-Cap 150 rose by 1.07 per cent, finishing at 21,473.15, while the Nifty Small-Cap 250 edged up by 0.55 per cent to end at 18,007.95. Market volatility, measured by India VIX, eased significantly by 5.30 per cent, settling at 13.74, reflecting reduced uncertainty among investors.
Top 3 price-volume breakout stocks:
Transrail Lighting Ltd: Transrail Lighting Ltd is currently trading at Rs 645, reflecting a 14.18 per cent increase from its previous close of Rs 564.9. The stock reached a high of Rs 663.9 during the session and recorded a trading volume of 2.12 crore shares, signaling significant activity. The market cap stands at Rs 8,636.81 crore. With returns of 21.17 per cent from its 52-week low, the stock displayed a price-volume breakout and a volume spike, aided by its recent IPO launch. The stock remains near its 52-week high of Rs 663.9, indicating strong momentum.
Ashok Leyland Ltd: Ashok Leyland Ltd is currently trading at Rs 236.55, showing a 6.16 per cent gain from its previous close of Rs 222.82. The stock touched a high of Rs 238.2 and recorded a trading volume of 2.03 crore shares. With a market cap of Rs 69,285.01 crore, the stock exhibits a 50.14 per cent return from its 52-week low, supported by a price-volume breakout and volume spike. It breached a key resistance level but remains below its 52-week high of Rs 264.65.
Sammaan Capital Ltd: Sammaan Capital Ltd is currently trading at Rs 162.59, up 6.28 per cent from its previous close of Rs 152.98. The stock reached a high of Rs 163.7 during the session and traded 1.81 crore shares. The market cap stands at Rs 11,019.44 crore, and the stock shows a 24.41 per cent return from its 52-week low. It displayed a price-volume breakout and volume spike, though it is trading below its 52-week high of Rs 208.9.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Transrail Lighting Ltd
|
642.9
|
2,12,54,008
|
|
2
|
Ashok Leyland Ltd
|
236.08
|
2,03,94,304
|
|
3
|
Sammaan Capital Ltd
|
162.79
|
1,80,61,133
|
|
4
|
Rico Auto Industries Ltd
|
99.23
|
1,63,84,424
|
|
5
|
Prozone Realty Ltd
|
36.19
|
1,59,39,306
|
|
6
|
Dhani Services Ltd
|
104.29
|
1,40,42,389
|
|
7
|
Jain Irrigation Systems Ltd
|
74.39
|
1,35,75,797
|
|
8
|
CreditAccess Grameen Ltd
|
954.65
|
99,73,301
|
|
9
|
Oil India Ltd
|
463.3
|
88,11,265
|
|
10
|
Zensar Technologies Ltd
|
793.1
|
86,48,275
|
Disclaimer: The article is for informational purposes only and not investment advice.