Do you hold these stocks that are exhibiting price volume breakout?

Do you hold these stocks that are exhibiting price volume breakout?

Henil Shah
/ Categories: Trending, Mindshare

Nifty 50 opened over 16,600 this morning and is still trading well above it. In this post, we have highlighted the top stocks that are experiencing a price volume breakout.

The Indian economy is predicted to grow by 7 per cent in FY 2022–23, down from the earlier projections of 7.4 per cent, according to a survey by the Federation of Indian Chambers of Commerce & Industry (FICCI). In fact, it is even slower than the Reserve Bank of India's (RBI) 7.2 per cent prediction.

 

The disappointment with the mixed earnings has subsided as Chinese technology companies have climbed, bolstering sentiment. As a consequence, leading Asian indices closed higher on Friday.

 

Overnight US market signals helped the Nifty 50 finish with gains for the fifth straight day on July 21. The Nifty 50 closed yesterday's session at 16,605.3, up 0.51 per cent (84.4 points).

 

Despite the advance, there appear to be no reversal clues for the Nifty 50 as it approaches the overbought zone. Nifty 50 is facing resistance at 16,800 levels, with a strong barrier between 17,150 to 17,300 levels. Levels between 16,200 and 16,500, on the other hand, are expected to provide significant support.

 

Top stocks with price volume breakout are listed below.

 

Stock Name

Current Market Price (Rs)

Change (%)

Volume

Hindustan Foods Ltd.

544.8

9.9

6,78,575

Nureca Ltd.

1,074.0

7.8

1,67,294

MM Forgings Ltd.

975.0

7.7

1,68,353

Balaji Amines Ltd.

3,306.3

5.7

2,40,325

Gokaldas Exports Ltd.

370.9

4.7

9,54,965

Angel One Ltd.

1,451.5

4.6

7,62,305

Home First Finance Company India Ltd.

815.9

4.4

1,00,451

Easy Trip Planners Ltd.

416.3

4.1

14,61,402

Happiest Minds Technologies Ltd.

1,004.6

3.6

13,58,911

Relaxo Footwears Ltd.

1,017.6

3.3

2,87,194

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