Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets closed in the green on Wednesday. The Sensex inched up 0.29 per cent to settle at 76,724.08, 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 0.36 per cent to 19,955.40 and the Nifty Smallcap 250 rising 0.52 per cent to 16,508.90. Volatility subsided, as reflected by the India VIX, which fell 1.13 per cent to 15.30.
Top 3 price-volume breakout stocks:
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Standard Glass Lining Technology Ltd: Standard Glass Lining Technology Ltd experienced a strong price-volume breakout as it reached its 52-week high of Rs 199.22, currently trading at Rs 199.22 with a 20 per cent increase from its previous close of Rs 166.02. The stock's traded volume stood at 4.07 crore shares, indicating heightened activity. The company has delivered a 26.77 per cent return from its 52-week low. The volume spike and sharp price movement highlight increased investor interest.
Devyani International Ltd: Devyani International Ltd observed a price-volume breakout, trading at Rs 189, up 6 per cent from its previous close of Rs 178.3. The stock saw a traded volume of 3.07 crore shares, showcasing strong participation. It recorded a return of 32.86 per cent from its 52-week low. The stock's activity was accompanied by a strong price movement, reaching a high of Rs 198.87 during the day.
Swiggy Ltd: Swiggy Ltd demonstrated a price-volume breakout, currently trading at Rs 488.1 after a 5.07 per cent increase from its previous close of Rs 464.55. The day's high was Rs 494.4, with a significant traded volume of 1.19 crore shares. The stock has delivered a 24.83 per cent return from its 52-week low, drawing attention to its upward trajectory and strong volume activity.
The following is a list of stocks with a strong positive breakout:
Sr.
|
Stock Name
|
Price
|
Volume
|
1
|
Standard Glass Lining Technology Ltd
|
199.22
|
4,07,24,354
|
2
|
Devyani International Ltd
|
189
|
3,06,83,370
|
3
|
Swiggy Ltd
|
488.1
|
1,19,13,614
|
4
|
L&T Finance Ltd
|
140.71
|
79,82,999
|
5
|
Mamata Machinery Ltd
|
510.5
|
44,28,043
|
6
|
Engineers India Limited
|
176.65
|
41,17,971
|
7
|
BSE (Bombay stock exchange)
|
5786
|
36,32,973
|
8
|
Aarti Industries Limited
|
430.4
|
33,19,709
|
9
|
Anant Raj Limited
|
889.5
|
32,76,231
|
10
|
Prakash Industries Limited
|
163
|
31,36,890
|
Disclaimer: The article is for informational purposes only and not investment advice.