Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Top 3 price-volume breakout stocks

Indian equity markets extended their losing streak, closing sharply lower amid heightened volatility. The benchmark indices witnessed significant declines, with the Sensex tumbling 1.36 per cent to settle at 76,330.01 and the Nifty 50 sliding 1.47 per cent to close at 23,085.95, marking its lowest level in seven months. The rupee also recorded its steepest fall in nearly two years, weighed down by a stronger dollar and rising crude oil prices.

In the broader indices, the Nifty Mid-Cap 150 plunged 3.92 per cent to end at 19,458.30, while the Nifty Small-Cap 250 nosedived 4.00 per cent to settle at 16,159.90. Market volatility spiked significantly, with the India VIX surging 7.25 per cent to 16.00, reflecting deep investor apprehension.

Top 3 price-volume breakout stocks:

Piramal Pharma Limited: Piramal Pharma Limited is currently trading at Rs 233.5, showing a 5.54 per cent rise from the previous close of Rs 221.25. The stock witnessed a trading volume of 34.82 lakh shares, indicating increased activity. With a 52-week high of Rs 307.9, the stock has delivered multibagger returns of 104.20 per cent from its 52-week low. The price movement, coupled with the volume spike, suggests notable market participation.

Prism Johnson Ltd: Prism Johnson Ltd is trading at Rs 159.85, reflecting a 5.69 per cent increase from the previous close of Rs 151.24. A trading volume of 58.44 lakh shares highlights significant market activity. The 52-week high for the stock stands at Rs 246, while returns from the 52-week low are 12.57 per cent. The stock exhibited a price-volume breakout along with a volume spike during the session.

Cubex Tubings Ltd: Cubex Tubings Ltd is trading at Rs 108.81, a 12.36 per cent rise from the previous close of Rs 96.84. The trading volume was 24.99 lakh shares, indicating heightened interest. With a 52-week high of Rs 127.55, the stock has achieved 67.40 per cent returns from its 52-week low. The price-volume breakout and increased volume underscore strong market activity.

The following is a list of stocks with a strong positive breakout:

Disclaimer: The article is for informational purposes only and not investment advice.