Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity indices closed in the green on Tuesday, lifted by bargain buying and a broader Asian rally, as hopes that global trade tensions might ease helped domestic markets recover from their worst drop in 10 months.
The Sensex closed almost 1,087 points or 1.49 per cent higher at 74,225, while the Nifty 50 closed 373 points or 1.69 per cent higher at 22,161, the index is trading below all-important moving averages with a high margin. The Nifty Bank closed 650 points higher and settled at 50,511, mirroring benchmark indices.
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On the NSE, the benchmark index Nifty 50 recorded a 46.82 crore volume, whereas the last 20-day average volume stands at 36.58 crore.
Top 3 price-volume breakout stocks:
IRB Infrastructure Developers Ltd: IRB Infrastructure Developers Ltd witnessed a strong price move today with a high of Rs 45.84. It is currently trading at Rs 45.79, compared to the previous close of Rs 43.19, marking a per cent change of 6.02 per cent. The traded volume stood at around 2.44 crore shares, indicating a volume spike. The market cap is Rs 27,616.27 crore. The stock has delivered a return of 11.79 per cent from its 52-week low. The 52-week high is Rs 78.15. The day showed a price volume breakout supported by higher volumes.
Zee Entertainment Enterprises Ltd: Zee Entertainment Enterprises Ltd recorded a high of Rs 109.9 and is currently trading at Rs 108 against the previous close of Rs 97.05, reflecting a per cent change of 11.28 per cent. The traded volume was approximately 2.29 crore shares, suggesting a volume spike. The stock has a market cap of Rs 10,342.69 crore. Zee has shown a return of 20.91 per cent from its 52-week low. The 52-week high stands at Rs 168.7. The trading session indicated a price volume breakout along with a strong move in volume.
Vijaya Diagnostic Centre Ltd: Vijaya Diagnostic Centre Ltd hit a high of Rs 1063 during the session and is currently trading at Rs 1013, compared to the previous close of Rs 891.8, reflecting a per cent change of 13.59 per cent. Around 1.34 crore shares were traded today, indicating a notable volume spike. The stock holds a market cap of Rs 10,477.44 crore. It has delivered a return of 56.47 per cent from its 52-week low. The 52-week high is noted at Rs 1275. The trading action pointed to a price volume breakout, backed by high trading activity.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Irb Infrastructure Developers Limited
|
45.72
|
2,44,80,429
|
|
2
|
Zee Entertainment Enterprises Limited
|
107.93
|
2,29,42,156
|
|
3
|
Vijaya Diagnostic Centre Ltd
|
1016.1
|
1,34,20,837
|
|
4
|
Paradeep Phosphates Ltd
|
125.2
|
1,20,93,499
|
|
5
|
Housing and Urban Development Corporation
|
207.01
|
1,13,15,288
|
|
6
|
One Point One Solutions Ltd
|
50.19
|
90,12,419
|
|
7
|
Quadrant Future Tek Ltd
|
534.8
|
77,08,275
|
|
8
|
Five-Star Business Finance Ltd
|
713.25
|
61,93,693
|
|
9
|
Pg Electroplast Limited
|
865
|
40,40,923
|
|
10
|
Paisalo Digital Ltd
|
32.03
|
39,43,800
|
Disclaimer: The article is for informational purposes only and not investment advice.