Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets bounced back on Tuesday, ending their four-day losing streak as the benchmark indices closed on a positive note amid easing volatility. The Sensex inched up 0.22 per cent to settle at 76,499.63, while the Nifty 50 gained 0.39 per cent to end at 23,176.05.
The broader markets also mirrored the recovery, with the Nifty Midcap 150 advancing 2.18 per cent to 19,883.35 and the Nifty Smallcap 250 rising 1.63 per cent to 16,422.75. Volatility subsided, as reflected by the India VIX, which fell 3.29 per cent to 15.47.
Top 3 price-volume breakout stocks:
Bank of Maharashtra Ltd: Bank of Maharashtra Ltd is currently trading at Rs 52.3, up by 12.26 per cent from the previous close of Rs 46.59. The stock has a 52-week high of Rs 73.5, showing a return of 11.06 per cent from its 52-week low. With a traded volume of 654.33 lakh shares, the stock has witnessed a price volume breakout and volume spike, indicating strong movement. The current market capitalization stands at Rs 51,174 crore. The price movement suggests the stock is experiencing notable volatility, and the recent uptick in volume could point to increased investor interest.
Adani Power Ltd: Adani Power Ltd has shown significant movement, trading at Rs 539.85, a 19.99 per cent increase from the previous close of Rs 449.9. The stock has a 52-week high of Rs 895.85, offering a return of 24.97 per cent from its 52-week low. The traded volume stands at 511.13 lakh shares, reflecting a price volume breakout and volume spike. The market cap is Rs 51,174 crore, which aligns with its strong performance. The recent price change and volume suggest the stock is under active trading and may continue to draw attention from investors.
NMDC Ltd: NMDC Ltd is currently trading at Rs 63.5, showing a 5.83 per cent increase from the previous close of Rs 60. The stock has a 52-week high of Rs 95.45, with a return of 5.83 per cent from its 52-week low. The traded volume is 40.67 lakh shares, and the stock has experienced a price volume breakout and volume spike, suggesting increased activity. With a market cap of Rs 18,596 crore, the stock is actively traded and moving upward, reflecting investor interest.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Bank Of Maharashtra
|
52.74
|
6,54,70,741
|
|
2
|
Adani Power Limited
|
537
|
5,11,13,423
|
|
3
|
Nmdc Limited
|
63.36
|
4,06,74,327
|
|
4
|
Indian Railway Finance Corporation Ltd
|
135.55
|
3,04,67,846
|
|
5
|
Indian Overseas Bank
|
53.77
|
2,55,80,989
|
|
6
|
Idbi Bank Limited
|
77.9
|
2,34,21,078
|
|
7
|
Uco Bank
|
45.27
|
2,16,19,628
|
|
8
|
Adani Green Energy Ltd
|
1006.85
|
1,71,98,310
|
|
9
|
NTPC Green Energy Ltd
|
120.98
|
1,68,70,093
|
|
10
|
Power Finance Corporation Limited
|
417.4
|
1,68,19,358
|
Disclaimer: The article is for informational purposes only and not investment advice.