Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On June 2, Indian equity benchmarks ended in the red for a second straight session. Despite opening weak, the indices managed to recover from the day’s low and erased most losses by the close. The Nifty 50 settled 34.10 points or 0.14 per cent lower at 24,716.60, bouncing back above its 20-day moving average. The Sensex also slipped slightly, down 77.26 points or 0.09 per cent, closing at 81,373.75.
Top 3 price-volume breakout stocks:
Indian Overseas Bank: Indian Overseas Bank saw high trading activity today with a volume of around 8.93 crore shares. The stock is currently trading at Rs 42.25, which reflects a rise of 6.05 per cent from the previous close of Rs 39.84. The day's high reached Rs 42.35. Despite the current level, it remains well below its 52-week high of Rs 74.9. The stock has given a return of 26.12 per cent from its 52-week low, indicating upward price movement from earlier lows. The market capitalisation of the company stands at Rs 81,401.13 crore.
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Ola Electric Mobility Ltd: Ola Electric Mobility Ltd recorded a traded volume of approximately 8.61 crore shares. The stock is currently trading at Rs 53.4, showing a 4.79 per cent increase over the previous close of Rs 50.96. The intraday high touched Rs 54.4. With a 52-week high of Rs 157.4, the stock has yet to retrace its earlier levels. The return from its 52-week low is 17.75 per cent. The company has a market capitalisation of Rs 22,319.82 crore.
Bank of Maharashtra Ltd: Bank of Maharashtra Ltd witnessed a trading volume of about 8.44 crore shares. The stock is currently trading at Rs 57.55, a rise of 6.61 per cent from the previous close of Rs 53.98. It recorded an intraday high of Rs 58. The stock has given a return of 37.02 per cent from its 52-week low, pointing to a recovery from earlier levels. The 52-week high remains at Rs 73.5. The company’s market capitalisation stands at Rs 44,202.46 crore.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Indian Overseas Bank
|
42.06
|
8,92,97,953
|
|
2
|
Ola Electric Mobility Ltd
|
53.68
|
8,61,30,644
|
|
3
|
Bank Of Maharashtra
|
57.51
|
8,44,51,218
|
|
4
|
Central Depository Services Ltd
|
1682.9
|
1,99,82,537
|
|
5
|
Mahanagar Telephone Nigam Limited
|
50.81
|
1,89,74,065
|
|
6
|
Karur Vysya Bank Limited
|
239.66
|
1,34,77,673
|
|
7
|
Sterling & Wilson Renewable Energy Ltd
|
305.5
|
1,12,40,528
|
|
8
|
D B Realty Limited
|
203.15
|
1,02,44,920
|
|
9
|
One Point One Solutions Ltd
|
66.56
|
94,99,890
|
|
10
|
Pennar Industries Limited
|
241.95
|
79,58,208
|
Disclaimer: The article is for informational purposes only and not investment advice.