Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Prajwal Wakhare

Top 3 price-volume breakout stocks

 

In today's intraday trading session, the Nifty 50 index opened at 21,653.60, showcasing a slightly bearish sentiment from the previous close. The market witnessed a relatively narrow trading range, with the index fluctuating between a low of 21,517.85 and a high of 21,724.45. The marginal change of 31.85 points, equivalent to 0.15 per cent, suggests a subdued market movement.

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Top 3 price-volume breakout stocks

IRB Infrastructure Developers Ltd: The stock of IRB Infrastructure Developers Ltd demonstrated a strong bullish momentum with a price volume breakout, trading above all crucial moving averages. The recent bounce from the trendline and 52-week breakout further indicate positive sentiment. The RSI at 71.30 suggests an uptrend, and a notable volume spike adds confirmation to the bullish move. The current price at 45.9 is 8.90 per cen higher than the previous close, showcasing a robust performance.

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NBCC (India) Ltd: NBCC (India) Ltd displayed a bullish trend as it witnessed a price volume breakout and remained above all significant moving averages. The bounce from the 20-day EMA underlines the stock's strength, with an RSI of 69.33 indicating positive momentum. The observed volume spike further validates the upward movement. The current price at 91.15 represents a 7.17 per cent increase from the previous close.

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DCW Limited: DCW Limited exhibited a strong price volume breakout, along with a bounce from both the trendline and the 200-day EMA, highlighting its bullish stance. The RSI at 73.73 suggests favorable momentum, and a notable volume spike supports the upward movement. The basing chart pattern formation and the presence of a minor resistance at Rs 65.80 provide additional insights. The current price at 62.55 reflects a significant 9.64 per cent gain from the previous close.

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The following is a list of stocks with a strong positive breakout:

Sr.

Stock Name

Per cent Change

Price

Volume

1

Irb Infrastructure Developers Limited

9.13

46

17,14,94,774

2

Nbcc (india) Limited

7.41

91.35

9,59,05,875

3

Dcw Limited

9.9

62.7

4,27,48,729

4

FSN E-Commerce Ventures Ltd

5.99

187.5

3,42,98,241

5

Easy Trip Planners Ltd

5.65

45.8

13,51,83,103

6

Pnb Gilts Limited

18.4

115.2

2,91,89,251

7

Ashoka Buildcon Limited

12.67

161.85

2,55,31,279

8

Gujarat State Fertilizers & Chemicals Limited

6.37

291.3

2,40,34,739

9

Gujarat Mineral Development Corporation Limited

6.01

478.9

2,05,23,297

10

Jsw Energy Limited

8.44

454.85

1,50,22,810

11

Sequent Scientific Limited

6

141.25

1,04,38,713

12

Visaka Industries Limited

6.28

97.35

89,01,118

13

M K Proteins Ltd

15.49

78.65

80,48,885

14

Motisons Jewellers Ltd

19.99

157.55

78,67,761

15

Borosil Renewables Ltd

9.47

508.6

62,66,782

16

Suryoday Small Finance Bank Ltd

9.72

175.6

51,72,107

17

Indbank Merchant Banking Services Limited

11.86

43.4

42,09,855

18

Bannari Amman Spinning Mills Limited

6.92

53.3

40,72,473

19

Kamdhenu Ventures Ltd

6.4

186.25

39,98,788

20

Yatra Online Ltd

8.34

165.7

32,13,297

 

Disclaimer: The article is for informational purposes only and not investment advice.

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