Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets closed lower today, with benchmark indices registering losses. The Nifty 50 declined 0.39 per cent to 23,603.35, while the Sensex slipped 0.27 per cent to 78,058.16.
Broader market indices also experienced selling pressure. The Nifty Mid-Cap 150 closed down 1.01 per cent at 19,793.75, while the Nifty Small-Cap 250 was down 0.04 per cent at 16,098.65.
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Market volatility eased slightly, with the India VIX rising 0.65 per cent to 14.18.
Top 3 price-volume breakout stocks:
Reliance Power Ltd: Currently trading at Rs 42.45, Reliance Power saw a price volume breakout with a volume spike of 7.27 crore shares. The stock gained 6.34 per cent from the previous close of Rs 39.92 and bounced from the 200-day EMA. It has delivered multibagger returns of 118.81 per cent from its 52-week low. The stock touched an intraday high of Rs 43.94, moving closer to its 52-week high of Rs 53.64.
Castrol India Ltd: Castrol India is currently trading at Rs 211.6, with a sharp rise of 9.05 per cent from its previous close of Rs 194.04. The stock crossed its 200-day EMA, indicating a strong move, with a trading volume of 4.11 crore shares. It has gained 30.14 per cent from its 52-week low. The stock hit an intraday high of Rs 215 while the 52-week high stands at Rs 284.4.
Redington Ltd: Trading near its 52-week high, Redington is currently at Rs 228.05, up 6.40 per cent from the previous close of Rs 214.34. The stock saw a price volume breakout with a volume spike of 2.52 crore shares. It has gained 43.78 per cent from its 52-week low. The stock reached an intraday high of Rs 231.7, moving close to its 52-week high of Rs 237.55.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Reliance Power Ltd
|
42.39
|
7,27,13,447
|
|
2
|
Castrol India Ltd
|
210.1
|
4,11,49,277
|
|
3
|
Redington (india) Ltd
|
228
|
2,51,82,216
|
|
4
|
Quadrant Future Tek Ltd
|
715.65
|
1,77,71,938
|
|
5
|
Enviro Infra Engineers Ltd
|
283.4
|
1,72,21,865
|
|
6
|
Aarti Pharmalabs Ltd
|
679.95
|
92,49,272
|
|
7
|
Reliance Infrastructure Ltd
|
272
|
92,36,767
|
|
8
|
Senores Pharmaceuticals Ltd
|
607.35
|
84,62,337
|
|
9
|
KRN Heat Exchanger and Refrigeration Ltd
|
970.25
|
51,38,374
|
|
10
|
Vrl Logistics Ltd
|
519.95
|
37,83,610
|
Disclaimer: The article is for informational purposes only and not investment advice.