Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equities closed lower on Monday, with broader market segments witnessing steeper declines as concerns over U.S. tariffs and continued market weakness kept investor sentiment cautious.. The Sensex closed 217 points or 0.29 per cent lower at 74,115, while the Nifty closed 92 points or 0.29 per cent lower to 22,460. The Nifty Bank lost 130 points to settle at 48,498.
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Last week, the key indices had gained nearly 2 per cent, likely driven by bargain hunting, after an extended market sell-off erased USD 1 trillion from India’s market capitalisation, making Large-Cap valuations more appealing.
Broader indices closed over 1 per cent down where Nifty Mid-Cap declined by 1.53 per cent, while Nifty Small-Cap tumbled by 1.97 per cent.
As indicated by India VIX, market volatility has increased by 3.08 per cent, reflecting an increase in market volatility compared to yesterday’s trading session.
Top 3 price-volume breakout stocks:
Bodal Chemicals Ltd is currently trading at Rs 68, showing a gain of 15.31 per cent from the previous close. The stock recorded a volume of 70.57 lakh shares, significantly higher than recent averages, indicating strong participation. The 52-week high is Rs 97.1, and the current price is 31.01 per cent lower. The recent price movement has led to a price-volume breakout, with a noticeable volume spike. The stock had a low of Rs 56.82 in the recent period and has rebounded from those levels.
Sarda Energy & Minerals Ltd is currently trading at Rs 514.85, reflecting a gain of 7.22 per cent. The trading volume stood at 59.22 lakh shares, showing strong market activity. The 52-week high is Rs 525, and the stock is trading near this level. The returns from the 52-week low indicate multibagger returns at 180.19 per cent. The price movement has resulted in a price-volume breakout, supported by a volume spike.
Standard Glass Lining Technology Ltd is currently trading at Rs 152, up 5.21 per cent. The stock recorded a trading volume of 43.68 lakh shares, indicating strong activity. The 52-week high is Rs 213.8, and the current price is 15.48 per cent lower. The stock has witnessed a price-volume breakout along with a volume spike. The recent low was Rs 136.11. The company recently launched its IPO in January, adding to market interest.
Following is a list of stocks with a strong positive breakout:
Sr.
|
Stock Name
|
Price
|
Volume
|
1
|
Bodal Chemicals Limited
|
65.88
|
70,57,072
|
2
|
Sarda Energy & Minerals Limited
|
502.55
|
59,21,793
|
3
|
Standard Glass Lining Technology Ltd
|
144.98
|
43,68,428
|
4
|
Stallion India Fluorochemicals Ltd
|
76.99
|
22,29,180
|
5
|
Arkade Developers Ltd
|
152.05
|
14,16,618
|
6
|
GRM Overseas Ltd
|
263.97
|
13,95,149
|
Disclaimer: The article is for informational purposes only and not investment advice.