Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets extended their winning streak on Thursday, as the benchmark indices ended in the green for the third consecutive session. The Sensex climbed 0.42 per cent to close at 77,042.82, while the Nifty 50 advanced 0.42 per cent to settle at 23,311.80.
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Broader indices also delivered positive returns, with the Nifty Mid-Cap 150 gaining 1.09 per cent to end at 20,172.65 and the Nifty Small-Cap 250 rising 1.21 per cent to 16,707.90.
However, market volatility edged higher, with the India VIX increasing 1.35 per cent to 15.47, reflecting a slight uptick in uncertainty.
Top 3 price-volume breakout stocks:
Ircon International Ltd: Ircon International Ltd is currently trading at Rs 219.2, up 15.36 per cent from its previous close of Rs 190.01. The stock has witnessed a strong price volume breakout with a trading volume of 5.65 crore shares. Returns from its 52-week low indicate a 25.08 per cent gain. While the stock is significantly off its 52-week high of Rs 351.6, today's price movement suggests a bounce from support levels with notable volume spike activity.
IDBI Bank Ltd: IDBI Bank Ltd is currently trading at Rs 79.16, marking a 7.31 per cent increase from its previous close of Rs 73.77. The stock recorded a trading volume of 4.90 crore shares, indicating a price volume breakout and a volume spike. With a 20.14 per cent return from its 52-week low, the stock is far from its 52-week high of Rs 107.9 but has shown consistent movement within its current trading range.
Gujarat Mineral Development Corporation Ltd: Gujarat Mineral Development Corporation Ltd is currently trading at Rs 324.1, up 10.75 per cent from its previous close of Rs 292.65. The stock saw a trading volume of 3.17 crore shares, demonstrating a price volume breakout and a significant volume spike. Returns from its 52-week low stand at 16.14 per cent. While the 52-week high is Rs 506, today's activity reflects strong market participation and notable price movement.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Ircon International Ltd
|
220.41
|
5,64,90,315
|
|
2
|
IDBI Bank Ltd
|
79.63
|
4,90,42,173
|
|
3
|
Gujarat Mineral Development Corporation Ltd
|
326.9
|
3,17,40,342
|
|
4
|
Jupiter Wagons Ltd
|
494.75
|
2,62,85,753
|
|
5
|
HDFC Life Insurance Company Ltd
|
641.4
|
2,41,98,685
|
|
6
|
Rail Vikas Nigam Ltd
|
411.15
|
2,33,82,354
|
|
7
|
Punjab & Sind Bank
|
49.48
|
1,35,41,515
|
|
8
|
Shree Renuka Sugars Ltd
|
38.63
|
1,34,20,056
|
|
9
|
Aeroflex Industries Ltd
|
223.35
|
1,12,42,110
|
|
10
|
Sammaan Capital Ltd
|
155.01
|
92,27,286
|
Disclaimer: The article is for informational purposes only and not investment advice.