Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Friday, benchmark indices closed the session on a muted note as investors booked profits after recent gains. The Sensex slipped 0.90 per cent to end at 79,223.11, while the Nifty 50 declined by 0.76 per cent, settling at 24,004.75.
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In the broader markets, the Nifty Mid-Cap 150 edged lower by 0.25 per cent to close at 21,419.30, while the Nifty Small-Cap 250 fell marginally by 0.19 per cent, finishing at 17,973.05. Volatility in the market eased further, as reflected by the India VIX, which dropped 1.43 per cent to 13.54, indicating a continued reduction in market uncertainty.
Top 3 price-volume breakout stocks:
ITI Ltd: ITI Ltd achieved a new 52-week high of Rs 457.1 today, with a trading volume of approximately 892.47 lakh shares. The stock closed at Rs 457.1, up by 19.99 per cent from its previous close of Rs 380.95. Currently trading at Rs 457.1, the stock has delivered multibagger returns of 117.67 per cent from its 52-week low. The price volume breakout, volume spike, and 52-week high breakout highlight strong participation in today’s session.
Oil and Natural Gas Corporation Ltd: Oil and Natural Gas Corporation Ltd (ONGC) traded at a high of Rs 262.75 and is currently trading at Rs 258.65, up by 5.11 per cent from its previous close of Rs 246.07. The stock saw a trading volume of approximately 497.60 lakh shares. It has gained 26.48 per cent from its 52-week low. The price volume breakout, volume spike, and movement above its 50-day EMA indicate strong activity over the last two sessions.
Apollo Micro Systems Ltd: Apollo Micro Systems Ltd reached a high of Rs 139.7 and is currently trading at Rs 137.81, marking an 11.17 per cent increase from its previous close of Rs 123.96. The trading volume for the day stood at approximately 377.49 lakh shares. The stock has delivered 56.62 per cent returns from its 52-week low and is trading near its 52-week high of Rs 147.55. A price volume breakout, volume spike, and recent strong movement reflect significant market activity.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Iti Ltd
|
457.1
|
8,92,51,962
|
|
2
|
Oil & Natural Gas Corporation Ltd
|
258.89
|
4,97,62,356
|
|
3
|
Apollo Micro Systems Ltd
|
138.25
|
3,77,48,697
|
|
4
|
Lloyds Engineering Works Ltd
|
85.29
|
2,86,63,107
|
|
5
|
Saregama India Ltd
|
551.1
|
1,36,19,711
|
|
6
|
Paradeep Phosphates Ltd
|
120.66
|
1,25,22,608
|
|
7
|
Avenue Supermarts
|
4025.2
|
92,84,385
|
|
8
|
Equinox India Developments Ltd
|
130.2
|
81,57,746
|
|
9
|
Lloyds Enterprises Ltd
|
57.3
|
77,75,552
|
|
10
|
Lloyds Metals & Energy Ltd
|
1441.25
|
31,61,699
|
Disclaimer: The article is for informational purposes only and not investment advice.