Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Wedensday, Sensex closed higher, gaining over 700 points or 1.01 per cent, concluding at the 73,728.5 level, while Nifty also closed higher, gaining over 250 points or 1.15 per cent, concluding at 22,337.30.
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Broader indices closed higher with Nifty Mid-Cap surging by 2.37 per cent, while Nifty Small-Cap grew by 2.89 per cent. Market volatility, as indicated by India VIX, has declined by 0.78 per cent, reflecting a decrease in market volatility
Top 3 price-volume breakout stocks:
NMDC Ltd: Currently trading at Rs 65.5, NMDC Ltd saw a price volume breakout with a volume spike of 3.52 crore shares. The stock gained 5.19 per cent from its previous close of Rs 62.27. The stock is trading within a range, with a 52-week high of Rs 95.45. Returns from the 52-week low stand at 9.72 per cent. The price action indicates increased interest, with strong trading activity observed today.
Redington Ltd: Currently trading at Rs 247.6, Redington Ltd experienced a price volume breakout with a volume spike of 2.12 crore shares. The stock increased by 8.34 per cent from the previous close of Rs 228.54. It is trading near its 52-week high of Rs 263.89. Returns from the 52-week low stand at 56.11 per cent. The stock’s price movement and trading volume suggest strong participation in today's session.
Adani Green Energy Ltd: Currently trading at Rs 849.95, Adani Green Energy Ltd saw a price volume breakout with a volume spike of 1.79 crore shares. The stock surged 10.59 per cent from its previous close of Rs 768.55. With a 52-week high of Rs 2174.1, the stock’s returns from the 52-week low stand at 12.13 per cent. The trading volume and price movement indicate strong market activity.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Nmdc Limited
|
65.44
|
3,51,87,551
|
|
2
|
Redington (india) Limited
|
246.99
|
2,12,28,509
|
|
3
|
Adani Green Energy Ltd
|
848.7
|
1,79,01,725
|
|
4
|
Zee Entertainment Enterprises Limited
|
98.41
|
1,73,37,034
|
|
5
|
Nbcc (india) Limited
|
78.99
|
1,51,42,532
|
|
6
|
National Aluminium Company Limited
|
189.29
|
1,47,82,693
|
|
7
|
Vedanta Limited
|
428.95
|
1,43,19,158
|
|
8
|
Iifl Holdings Limited
|
313.7
|
1,28,97,677
|
|
9
|
Avanti Feeds Limited
|
786.1
|
94,32,870
|
|
10
|
ITC Hotels Ltd
|
173.77
|
93,39,730
|
Disclaimer: The article is for informational purposes only and not investment advice.