Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets declined on Tuesday as market sentiment weakened after Trump announced new trade tariffs. The Sensex dropped 1.6 per cent to settle at 75,838.36, while the Nifty 50 fell 1.37 per cent to end at 23,024.65.
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Broader indices also witnessed losses, with the Nifty Midcap 150 slipping 1.99 per cent to 19,946.30, and the Nifty Smallcap 250 declining 2.12 per cent to 16,484.10.
Volatility spiked as the India VIX rose 3.89 per cent to 17.06, reflecting increased uncertainty in the market.
Top 3 price-volume breakout stocks:
Paradeep Phosphates Ltd: Paradeep Phosphates Ltd is currently trading at Rs 124.2, reflecting an 8.38 per cent increase from its previous close of Rs 114.6. The stock has recorded a high of Rs 125.75 during the day, with a significant traded volume of 196.94 lakh shares. It is trading close to its 52-week high of Rs 128.29. The company has delivered multibagger returns of 100.48 per cent from its 52-week low. The price movement today indicates a price volume breakout, supported by a strong increase in volume and trading near the 52-week high.
Global Health Ltd: Global Health Ltd is trading at Rs 1059, up 5.73 per cent from the previous close of Rs 1001.6. The stock reached an intraday high of Rs 1066.75, with a traded volume of 21.84 lakh shares. It remains below its 52-week high of Rs 1513.9. The stock has delivered returns of 13.20 per cent from its 52-week low. Today's price movement reflects a price volume breakout and volume spike.
Onward Technologies Ltd: Onward Technologies Ltd is trading at Rs 328, showing a 6.01 per cent rise from its previous close of Rs 309.4. It touched a high of Rs 345.7 during the day, with a traded volume of 13.62 lakh shares. The stock is trading below its 52-week high of Rs 620.1 and has provided returns of 12.66 per cent from its 52-week low. The day's price movement indicates a price volume breakout and a spike in volume.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Paradeep Phosphates Ltd
|
124.52
|
1,96,82,714
|
|
2
|
Global Health Ltd
|
1055.35
|
21,84,015
|
|
3
|
Onward Technologies Ltd
|
327.9
|
13,62,495
|
|
4
|
Cubex Tubings Ltd
|
134.03
|
8,80,123
|
|
5
|
Shiva Texyarn Ltd
|
257.11
|
7,99,163
|
Disclaimer: The article is for informational purposes only and not investment advice.