Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets closed with a mixed trend, as benchmark indices struggled to find direction, while broader market indices faced substantial losses. The Nifty 50 ended marginally lower by 0.01 per cent at 22,545.05, and the Sensex inched up by 0.01 per cent to close at 74,612.43.
Broader market indices showed significant negative performance. The Nifty Mid-Cap 150 decreased by 1.26 per cent to 18,176.85, and the Nifty Small-Cap 250 plummeted by 1.67 per cent to 14,200.20. Market volatility slightly decreased, with the India VIX down 2.97 per cent to 13.31.
Top 3 price-volume breakout stocks:
CreditAccess Grameen Ltd traded at Rs 944.05, marking an 8.96 per cent rise from the previous close of Rs 866.45. The stock saw a volume of 3.08 crore shares, indicating strong participation. The stock has returned 25.84 per cent from its 52-week low, showing strength in recent price movements. It made an intraday high of Rs 1031.4 and is currently below its 52-week high of Rs 1,551.95. The stock witnessed a price volume breakout and a volume spike, reflecting increased market interest.
Shriram Finance Ltd traded at Rs 604, up 5.18 per cent from the previous close of Rs 574.25. The stock recorded a volume of 1.71 crore shares, highlighting increased activity. It has gained 37.71 per cent from its 52-week low and reached an intraday high of Rs 608.8, remaining below its 52-week high of Rs 730.45. The stock showed a price volume breakout and a volume spike, indicating strong market participation.
AU Small Finance Bank Ltd traded at Rs 556.2, increasing 6.09 per cent from the previous close of Rs 524.25. The stock traded 94.49 lakh shares, showing heightened activity. It has gained 12.89 per cent from its 52-week low and made an intraday high of Rs 559.25, staying below its 52-week high of Rs 755.4. The stock experienced a price volume breakout and a volume spike, reflecting increased market momentum.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
CreditAccess Grameen Ltd
|
946
|
3,08,09,925
|
|
3
|
Shriram Finance Ltd
|
604
|
1,70,98,346
|
|
4
|
AU Small Finance Bank
|
556.2
|
94,49,022
|
|
2
|
Just Dial Limited
|
872
|
11,84,820
|
|
6
|
Nippon India ETF Hang Seng Bees
|
444.9
|
8,24,410
|
|
7
|
Ashiana Housing Limited
|
310.8
|
6,49,834
|
|
5
|
Jash Engineering Ltd
|
555.65
|
6,33,688
|
Disclaimer: The article is for informational purposes only and not investment advice.