Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity indices closed in the red on Wednesday, tracking a global market selloff amid escalating trade conflict
The Sensex closed almost 380 points or 0.51 per cent higher at 73,845, while the Nifty 50 closed 136 points or 0.61 per cent lower at 22,399, the index is trading below all-important moving averages. The Nifty Bank closed 270 points lower and settled at 50,240, mirroring benchmark indices.
On the NSE, the benchmark index Nifty 50 recorded a 35.34 crore volume, whereas the last 20-day average volume stands at 36.90 crore.
Top 3 price-volume breakout stocks:
One Point One Solutions Ltd: One Point One Solutions Ltd saw a price volume breakout along with a volume spike today. The stock is currently trading at Rs 55.85, up from the previous close of Rs 50.19, reflecting a gain of 11.28 per cent. It touched an intraday high of Rs 58.25. The traded volume stood at 1.54 crore shares, indicating increased participation. The stock has delivered returns of 36.19 per cent from its 52-week low, while its 52-week high remains at Rs 77.5. The company’s market capitalisation is around Rs 1466.05 crore. The strong move in price supported by volume indicates significant trading interest for the day.
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Jyothy Labs Ltd: Jyothy Labs Ltd experienced a price volume breakout along with a volume spike during the session. The stock is currently trading at Rs 370.25, higher than the previous close of Rs 344.25, registering an increase of 7.55 per cent. It recorded an intraday high of Rs 389.35. The traded volume reached 1.41 crore shares. The stock has provided returns of 23.38 per cent from its 52-week low, while its 52-week high is Rs 595.85. Jyothy Labs Ltd has a market capitalisation of Rs 13971.23 crore. The combination of price movement and trading volume highlighted an active trading day.
Mastek Ltd: Mastek Ltd showed a price volume breakout supported by a volume spike today. The stock is currently trading at Rs 2053.8, up from the previous close of Rs 1974, gaining 4.04 per cent. The intraday high was Rs 2278. The traded volume stood at 51.24 lakh shares, suggesting active participation. Mastek Ltd has given returns of 8.84 per cent from its 52-week low, and its 52-week high is Rs 3375. The market capitalisation of the company stands at Rs 6566.88 crore. The rise in price along with volume movement was notable during the trading session.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
One Point One Solutions Ltd
|
56.6
|
1,53,93,598
|
|
2
|
Jyothy Laboratories Limited
|
379.6
|
1,40,72,874
|
|
3
|
Mastek Limited
|
2137.3
|
51,23,563
|
|
4
|
Transformers & Rectifiers India Ltd
|
518.7
|
34,72,439
|
|
5
|
Home First Finance Company India Ltd
|
1048.55
|
20,14,727
|
|
6
|
Spml Infra Limited
|
205.67
|
12,77,201
|
|
7
|
Iris Clothings Ltd
|
46.55
|
11,76,539
|
|
8
|
Sundram Fasteners Limited
|
892.65
|
10,23,829
|
|
9
|
Baazar Style Retail Ltd
|
317.26
|
6,98,985
|
|
10
|
Rossell India Limited
|
73.64
|
6,72,174
|
Disclaimer: The article is for informational purposes only and not investment advice.