Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian stock markets extended their winning streak for the fifth consecutive session on Friday, where FPIs were net buyers of Indian equities in three of the last four sessions. Nifty 50 has gained about 4.26 per cent on a week-to-date (WTD) basis, marking its strongest weekly performance since February 2021. As a result, it has recorded its sharpest weekly gains in over four years.
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The Sensex closed 533 points or 0.7 per cent higher at 76,882, while the Nifty closed 159 points or 0.69 per cent higher at 23,350, supported by appealing valuations in Large-Cap stocks and renewed optimism due to signs of reduced foreign selling. Nifty 50 remains below its 200-day DEMA as it faced resistance at this level on an intraday basis today.
Top 3 price-volume breakout stocks:
Ola Electric Mobility Ltd: Ola Electric Mobility Ltd is currently trading at Rs 55.98 after reaching a high of Rs 56.87 during the session. The stock recorded a traded volume of 18.91 crore shares, indicating strong market activity. The previous close was Rs 51.71, reflecting an 8.26 per cent increase. The 52-week high stands at Rs 157.4, and the returns from the 52-week low are 20.72 per cent. The stock has shown a price volume breakout along with a volume spike, signaling increased participation.
Manappuram Finance Ltd: Manappuram Finance Ltd is currently trading at Rs 234.4 after touching a high of Rs 247.6 during the session. The traded volume stood at 14.64 crore shares. The stock closed at Rs 217.5 in the previous session, marking a 7.77 per cent rise. The stock has reached a new 52-week high at Rs 247.6, and the returns from the 52-week low stand at 69.43 per cent. The price volume breakout and volume spike indicate strong momentum.
ITC Hotels Ltd: ITC Hotels Ltd is currently trading at Rs 194 after recording a high of Rs 204.51 during the session. The traded volume stood at 7.55 crore shares. The stock saw a 5.87 per cent increase from the previous close of Rs 183.24. The 52-week high is Rs 204.51, and the returns from the 52-week low stand at 25.08 per cent. Listed in January 2025, the stock has witnessed a price volume breakout and a volume spike, reflecting active trading interest.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Ola Electric Mobility Ltd
|
56.07
|
18,91,19,171
|
|
2
|
Manappuram Finance Limited
|
234.16
|
14,63,60,729
|
|
3
|
ITC Hotels Ltd
|
198.89
|
7,55,32,519
|
|
4
|
Redington (india) Limited
|
250.18
|
3,96,98,183
|
|
5
|
Jupiter Wagons Ltd
|
347.9
|
3,29,85,892
|
|
6
|
Mangalore Refinery And Petrochemicals Limited
|
135.53
|
3,25,81,182
|
|
7
|
D B Realty Limited
|
151.61
|
2,40,94,908
|
|
8
|
SBFC Finance Ltd
|
87.98
|
2,08,90,434
|
|
9
|
Sammaan Capital Ltd
|
117.95
|
1,96,88,661
|
|
10
|
Jm Financial Limited
|
97.84
|
1,77,42,512
|
Disclaimer: The article is for informational purposes only and not investment advice.