Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian stock markets ended their seven-day winning streak on Wednesday, likely due to profit booking after a prolonged rally. The Nifty Small-Cap 250 index closed below the 15,000 mark, while the Nifty Finance index retreated from its recent all-time high.
The Sensex closed 700 points or 0.91 per cent lower at 77,300, while the Nifty 50 closed 180 points or 0.77 per cent lower at 23,486, as investors await clarity on the impending U.S. tariffs. The Nifty Bank closed 398 points lower and settled at 51,209 after touching the 52,000 mark on Tuesday.
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Broader indices closed lower, where Nifty Mid-Cap slipped by 0.62 per cent, while Nifty Small-cap ended lower by 1.07 per cent. India VIX slipped below 13.5 mark, and was down by 1.4 per cent during the day.
Top 3 price-volume breakout stocks:
Reliance Power Ltd is currently trading at Rs 39.39, reflecting a 5.74 per cent increase from the previous close of Rs 37.25. The stock recorded a high of Rs 41.4 during the session, with a traded volume of 10.18 crore shares. Returns from the 52-week low stand at 69.06 per cent. The stock is experiencing a price volume breakout with a volume spike, indicating strong market participation. It remains below its 52-week high of Rs 53.64. The movement suggests potential for short-term price action with volatility due to high trading activity.
Capri Global Capital Ltd is currently trading at Rs 196.69, gaining 17.09 per cent from its previous close of Rs 167.98. The stock hit a high of Rs 201.57 during the session, with a traded volume of 4.67 crore shares. Returns from the 52-week low are at 29.31 per cent. A price volume breakout with a volume spike is observed, aligning with a strong move in price. The stock remains below its 52-week high of Rs 251.75, indicating scope for fluctuations within its price range.
Reliance Infrastructure Ltd is currently trading at Rs 254, marking a 6.81 per cent increase from the previous close of Rs 237.8. It reached a session high of Rs 262.4 with a traded volume of 1.57 crore shares. Returns from the 52-week low stand at 75.84 per cent. The stock is witnessing a price volume breakout with a volume spike, signaling increased market activity. It is below its 52-week high of Rs 351, positioning it within a potential swing trading range.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Reliance Power Limited
|
39.47
|
10,17,85,458
|
|
2
|
Capri Global Capital Limited
|
194.86
|
4,67,18,408
|
|
3
|
Reliance Infrastructure Limited
|
253.78
|
1,57,73,932
|
|
4
|
Tourism Finance Corporation Of India Limited
|
166.42
|
1,18,35,096
|
|
5
|
Siemens Limited
|
5418.25
|
27,80,308
|
|
6
|
Elecon Engineering Company Limited
|
460.3
|
20,94,928
|
|
7
|
Mold-tek Technologies Limited
|
136.86
|
20,52,545
|
|
8
|
Deepak Builders & Engineers India Ltd
|
147.5
|
8,87,864
|
Disclaimer: The article is for informational purposes only and not investment advice.