Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets closed with marginal fluctuations, paring early losses seen in the morning session. While the key indices remained largely flat, the broader market showed a mixed trend. The Nifty 50 ended down by 0.02 per cent at 22,119.30, and the Sensex declined by 0.15 per cent to 73,085.94.
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Broader market indices displayed a varied performance, with some recovery noted. The Nifty Mid-Cap 150 closed up by 0.16 per cent at 17,778.55, while the Nifty Small-Cap 250 decreased by 0.64 per cent to 13,755.90. Market volatility remained moderate, with the India VIX at 13.76, showing a decrease of 1.06 per cent.
Top 3 price-volume breakout stocks:
Welspun Living Ltd traded with high volume of 1.58 crore shares and showed a strong move, currently trading at Rs 116.88, up 9.32 per cent from the previous close of Rs 106.92. The stock recorded a price volume breakout with a volume spike, indicating increased market participation. Returns from the 52-week low stand at 11.53 per cent. The stock’s 52-week high is Rs 212.95, and its market cap is Rs 13,305.62 crore. The price movement suggests a notable trading session, with increased interest reflected in the volume.
Narayana Hrudayalaya Ltd witnessed high trading volume of 1.18 crore shares, reaching a 52-week high of Rs 1,659 and currently trading at Rs 1,578, up 9.24 per cent from the previous close of Rs 1,444.5. The stock recorded a price volume breakout with a volume spike and a 52-week high breakout. Returns from the 52-week low are 46.11 per cent. The market cap stands at Rs 32,844.23 crore, and the price action reflects strong market activity.
Blue Star Ltd traded with a volume of 38.22 lakh shares, currently at Rs 2,030, up 5.86 per cent from the previous close of Rs 1,917.65. The stock showed a price volume breakout and a volume spike, with returns from the 52-week low at 66.07 per cent. The 52-week high is Rs 2,417, and the market cap is Rs 41,739.78 crore. The price movement suggests increased market participation, with a strong trading session observed.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Welspun Living Ltd
|
116.87
|
1,58,38,632
|
|
2
|
Narayana Hrudayalaya Ltd.
|
1615.6
|
1,18,91,287
|
|
3
|
Blue Star Limited
|
2032.5
|
38,22,968
|
|
4
|
Avanti Feeds Limited
|
727.75
|
16,91,458
|
|
5
|
Tube Investments of India Ltd
|
2640.1
|
13,04,462
|
|
6
|
Aditya Birla Real Estate Ltd
|
1990.2
|
13,03,327
|
|
7
|
Indoco Remedies Limited
|
224.37
|
10,41,624
|
|
8
|
Authum Investment & Infrastructure Ltd
|
1576.35
|
8,66,847
|
|
9
|
The Ruby Mills Limited
|
203.35
|
7,43,787
|
|
10
|
Windlas Biotech Ltd
|
826.5
|
7,15,379
|
Disclaimer: The article is for informational purposes only and not investment advice.