In total, the company has secured ethanol supply contracts worth Rs 12,53,17,69,620 for ESY 2024-25. Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), and Mangalore Refinery and Petrochemicals

FDA Nod for Key Diabetes Treatment Boosts Market Confidence and Stock Performance

Price and volume breakout is indeed considered one of the best combinations for traders to identify or filter stocks before investing.

Price and volume breakout is indeed considered one of the best combinations for traders to identify or filter stocks before investing.

Price and volume breakout is indeed considered one of the best combinations for traders to identify or filter stocks before investing.

Price and volume breakout is indeed considered one of the best combinations for traders to identify or filter stocks before investing.

The stock, in the last one-month, has gained nearly 48 per cent, while, in the last one year and three years, the stock has given multibagger returns of 100 per cent and 607 per cent, respectively. 

Interestingly, with the strong up-move on Thursday, the stock has logged a fresh 4-month high and volumes have been humongous thus far. It has been the highest single-day volume since May last year. This indicates that market participants have been eagerly waiting for a positive trigger for the stock.  

Amidst an overall fragile market, the HFCL stock is making a buzz with a staggering surge of almost 3 per cent, accompanied by an impressive volume of over 77 lakh shares traded so far. What could be the driving force behind this sudden surge in HFCL's stock price?   

This Small-Cap Breakout Stock is a Must-Watch for Swing Traders! It is also meeting a majority of CANSLIM investing characteristics. Furthermore, the stock meets Warren Buffet rules of investing.

For the quarter ended December 2022, its total revenue stood at Rs 291 crore as against Rs 212 crore in the same period of last year. Net profit almost doubled in the quarter ended December 2022 as it surged to Rs 39 crore as against Rs 21 crore in quarter ended December 2021.

On Monday, the stock witnessed a multi-month breakout as it logged a fresh, nearly 12-month high. Furthermore, the stock has logged this breakout along with massive volume jump as volume recorded for the day was highest since mid-May 2019.   

Here is an interesting insight, the stock a saw good institutional activity in the month of November as many of the mutual funds were seen adding or fresh buying to their holding and here are the complete details as follow: 

The stock on Friday saw a jaw dropping move of nearly 5.5 per cent, with volume astounding jump in the daily traded volume as it witnessed nearly fourfold jump in total traded volume as compared to its 50-days average volume.

The stock has performed exceptionally well as it has delivered returns of over 60 per cent in the last six months. Interestingly, with this ascend, the stock is trading near its 52-week high of Rs 20.50 and on the weekly chart, the stock is undergoing a formation of an inverted head and shoulder pattern.

The stock jumped over 10 per cent on Tuesday and made a fresh high on the bourses. The upmove in the stock was witnessed on the back of solid volumes as the volume for the day is the highest single-day volume in the last three trading sessions.

The quarterly sales have not only surpassed the pre-COVID levels but have been the best-ever for the company on the back of strong brand equity among consumers, the latest fashion products, and superior quality aided by the solid end-of-season sales, encouraging festive & wedding season across India.  

It is not a usual sight to see a backbencher topping the class but this actually took place on D-Street on Thursday. The backbencher sector is none other than Nifty PSU Bank

The stock’s total traded volume on Monday is about 1.14 lakh shares as compared to 0.31 lakh and 0.37 lakh to its 20 & 50-day average volume, respectively.

Buying interest was so vocal that the stock had gained over 20 per cent from the low of June 23.

Interestingly, despite correcting over 20 per cent from the highs, the stock did not enter into the oversold region on RSI. Recently, it has seen a crossover of a nine-period average thereby, supporting the positive bias.

The stock has registered a fresh 52-week high. Interestingly, the volume traded for the day was the highest ever seen, which was close to 17.8 lakh shares.   

Interestingly, the upmove in the price has been backed by robust volumes. Volume for the day is already near 3 lakh, which is a four-fold jump compared to its 50-day average volume.   

Double-digit gains returns in a matter of just a few trading sessions is a dream for any investors and especially, for the swing traders!

Though the frontline indices ended with modest gains, the real action was witnessed in the broader markets. Nifty Midcap and Small-cap indices outperformed the frontline gauge. 

We are just halfway through Wednesday’s trading session and the stock has already registered a volume in excess of 10 lakh.

However, as the saying goes, ‘every bad day has an end’, the same is turning true for this stock since it jumped more than 10 per cent on a day when the markets are trading in red!

For the market, every adversity is an opportunity and thus, this current geopolitical tension between Russia and Ukraine is also an opportunity in disguise for some.

Many stocks from the broader market indices witnessed buying interest except for one particular stock and that is Ramkrishna Forgings Ltd (RKFORGE). We are just two hours into Tuesday’s trading session and the stock of RKFORGE has already jumped more than 6 per cent!

The stock is seen buzzing on the bourses on Monday as it jumped over 10 per cent along with a huge spurt in the volumes. A huge spurt in the volumes indicates strong buying interest by the market participants.

The stock is up by nearly a staggering 30 per cent on a YTD basis while on an MTD basis, it jumped 18 per cent. One of the main reasons for the standout performance by the stock in recent times is the standout financial performance in the quarter ended December 31, 2021.

So, what’s the buzz in the stock? Sterlite Technologies Limited (STL), an industry-leading integrator of digital networks.

Despite strong sell-off in the markets, there are certain stocks that command attention. These stocks are selected on basis of the T20 Breakout system.  

While the bull-run shows no signs of abating in the domestic markets, there are some rare hidden gems to explore. Hence, in this article, we will talk about one such hidden gem. Interestingly, it’s a hidden gem because neither it has any major analyst coverage nor extensively discussed on media channels. 

Gujarat Ambuja Exports Limited (GAEL) is primarily involved in the manufacturing of corn starch derivatives, soya derivatives, feed ingredients, cotton yarn, and edible oils. Since its incorporation in 1991, GAEL strives to serve the food, pharmaceutical, feed, and many other industries with a long-term growth strategy in the agro-processing sector.  

The broader market indices yet again outperformed the headline indices. Considering the bulls have seen a follow-through move on Thursday along with a dip in India VIX and outperformance by the broader markets, we believe that the rally may extend further. Hence, we have come out with a list of stocks based on the T20 breakout system.  

The breakout has been witnessed along with a huge spike in the volumes as the stock has registered highest single-day volume since August 30, 2021. Interestingly, the 14-period daily RSI has honoured the RSI super bullish range Shift rule.

The chart of Nifty is not an encouraging one at all. Having said that, the sharp correction hauled weekly stochastic oscillators towards the oversold territory and we could see some pullback in the markets, considering the oversold nature of the markets. So, we have prepared a list of stocks based on the T20 breakout system that one can keep in their watchlist. 

Certainly, with the relative outperformance from the broader markets, market participants would be looking for some opportunities on the long side and hence, we have come out with a list of the stocks based on the T20 breakout system.   

Another interesting point is that it’s not very usual these days to see pharma stock jumping 8-9 per cent but on Tuesday, Lupin broke this jinx as it soared nearly 9 per cent. Certainly, this might have brought a million-dollar smile to the faces of Lupin investors.