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

Top 3 price-volume breakout stocks

Indian equity benchmarks wrapped up the trading session on a mixed note, as broader indices extended their upward momentum while the frontline indices ended in negative territory. At the closing bell, the Sensex declined by 0.40 per cent to settle at 78,271.28, while the Nifty 50 slipped 0.18 per cent to close at 23,696.30.

On the other hand, the broader market remained robust, with the Nifty Midcap 150 gaining 0.74 per cent to 19,995.70 and the Nifty Smallcap 250 advancing 1.57 per cent to 16,104.40. Market volatility inched higher, as reflected by the India VIX, which rose 0.46 per cent to 14.08, signalling increased caution among investors.

Top 3 price-volume breakout stocks:

Mahanagar Telephone Nigam Ltd
Mahanagar Telephone Nigam Ltd is currently trading at Rs 55.93, reflecting a 17.30 per cent increase from its previous close of Rs 47.68. The stock has a market cap of Rs 3528.62 crore and saw a trading volume of 683.29 lakh shares. The price has surged by 79.26 per cent from its 52-week low, indicating a strong upward momentum. With its 52-week high at Rs 101.93, it has demonstrated a price-volume breakout, with a volume spike signaling heightened market interest. The stock’s strong performance today suggests increased investor participation, confirmed by its rising volume.

Motilal Oswal Financial Services Ltd
Motilal Oswal Financial Services Ltd is currently trading at Rs 700.75, up by 9.07 per cent from its previous close of Rs 642.45. The stock has a market cap of Rs 42055.67 crore, and its trading volume stands at 248.09 lakh shares. The stock has delivered multibagger returns of 102.90 per cent from its 52-week low, highlighting its substantial price growth. With a 52-week high of Rs 1064, it has experienced a price-volume breakout and volume spike today, suggesting strong investor interest. The stock is showing continued upward movement, driven by both price and volume. 

JSW Energy Ltd
JSW Energy Ltd is currently trading at Rs 495, reflecting a 5.39 per cent increase from its previous close of Rs 469.7. The stock has a market cap of Rs 86159.32 crore, with a traded volume of 144.43 lakh shares. The stock has shown a 12.60 per cent return from its 52-week low, demonstrating steady price growth. Its 52-week high stands at Rs 804.9, and today it has witnessed a price-volume breakout with a notable volume spike. The stock’s volume surge suggests growing investor activity, supporting its upward movement in the current trading session.

Following is a list of stocks with a strong positive breakout:

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