Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity benchmark indices inched higher on Wednesday as financial stocks led the gain. Benchmark indices logged the highest monthly gains in the last one month. The Sensex closed 147 points or 0.2 per cent higher at 75,449, while the Nifty closed 73 points or 0.32 per cent higher at 22,907. The Nifty Bank closed 388 points higher and settled at 49,700.
Broader indices closed higher, where Nifty Mid-Cap soared by 2.63 per cent, while Nifty Small-Cap ended higher by 2.43 per cent.
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Nifty Realty, Nifty PSU Bank, and Nifty Energy are among the Top Gainers, while Nifty IT and Nifty FMCG were the Top Losers.
Top 3 price-volume breakout stocks:
Suzlon Energy Ltd: Suzlon Energy Ltd is currently trading at Rs 57.79 after reaching a high of Rs 58 during the session. The stock recorded a traded volume of 7.94 crore shares, showing a price volume breakout with a volume spike. The previous close was Rs 54.98, reflecting a 5.11 per cent increase. The 52-week high is Rs 86.04, and the returns from the 52-week low stand at 62.33 per cent. The stock has witnessed strong trading activity, with significant market participation.
HBL Engineering Ltd: HBL Engineering Ltd is currently trading at Rs 471.95 after touching a high of Rs 496.15. The stock recorded a traded volume of 1.84 crore shares, indicating a price volume breakout along with a volume spike. The previous close was Rs 418.75, reflecting a 12.70 per cent increase. The 52-week high stands at Rs 739.65, and the returns from the 52-week low are 16.53 per cent. The stock has seen strong trading interest with notable price movement.
Mazagon Dock Shipbuilders Ltd: Mazagon Dock Shipbuilders Ltd is currently trading at Rs 2628 after reaching a high of Rs 2648 during the session. The stock recorded a traded volume of 1.26 crore shares, showing a price volume breakout and a volume spike. The previous close was Rs 2376.5, reflecting a 10.58 per cent increase. The 52-week high is Rs 2930, and the returns from the 52-week low stand at 188.62 per cent, indicating multibagger returns. The stock has seen strong trading activity with significant price movement.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Suzlon Energy Limited
|
57.76
|
7,94,65,967
|
|
2
|
One Mobikwik Systems Ltd
|
333.4
|
4,79,88,697
|
|
3
|
Reliance Power Limited
|
37.72
|
4,38,89,294
|
|
4
|
Indian Railway Finance Corporation Ltd
|
128.11
|
2,86,81,078
|
|
5
|
NMDC Steel Ltd
|
35.9
|
2,35,32,781
|
|
6
|
Rail Vikas Nigam Ltd
|
353.65
|
2,28,21,539
|
|
7
|
Tanla Solutions Limited
|
520.6
|
2,22,59,782
|
|
8
|
HBL Engineering Ltd
|
482.4
|
1,84,55,833
|
|
9
|
Mazagon Dock Shipbuilders Ltd
|
2625.25
|
1,26,96,711
|
|
10
|
Housing and Urban Development Corporation
|
201.08
|
1,19,39,748
|
Disclaimer: The article is for informational purposes only and not investment advice.