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

Top 3 price-volume breakout stocks

Benchmark indices closed in the red after a sharp decline in the latter half of the trading day. The Nifty 50 slipped 0.58 per cent, and the Sensex fell by 0.51 per cent, primarily due to rising geopolitical tensions between India and Pakistan.

Market volatility remained elevated as the India VIX climbed for the 10th time in the past 11 sessions. On May 8, the index surged over 12 per cent during the day, briefly crossing the 21 level, and settled with a gain of 10.22 per cent. This rise came after the government confirmed air strikes targeting Lahore's air defence systems.

Top 3 price-volume breakout stocks:

Niva Bupa Health Insurance Company Ltd: Niva Bupa Health Insurance Company Ltd witnessed a strong trading session, currently trading at Rs 86.35, up from the previous close of Rs 81.03, reflecting a gain of 6.57 per cent. The stock recorded a traded volume of approximately 7.54 crore shares, indicating a notable spike in participation. The company’s 52-week high stands at Rs 109.34, while the recent high touched during the day was Rs 92.9. The stock has delivered returns of 25.98 per cent from its 52-week low, supported by a price volume breakout and a surge in volume. With a market capitalisation of Rs 15,986.67 crore, the movement reflects a strong reaction in price accompanied by volume.

KPR Mill Ltd: KPR Mill Ltd is currently trading at Rs 1179, advancing from the previous close of Rs 1101.2, marking a gain of 7.07 per cent. The traded volume stood at approximately 71.44 lakh shares, showing increased activity. The day’s high reached Rs 1217, which also matches the stock’s 52-week high, indicating a fresh breakout. The stock has delivered returns of 58.68 per cent from its 52-week low. A price volume breakout along with a volume spike was observed during the session, suggesting a strong move in the stock. The market capitalisation of the company is Rs 40,299.87 crore.

Jindal Worldwide Ltd: Jindal Worldwide Ltd is currently trading at Rs 63, rising from the previous close of Rs 60.48, an increase of 4.17 per cent. The stock traded a volume of about 68.15 lakh shares, indicating increased investor activity. It touched an intraday high of Rs 70.24, with a 52-week high of Rs 94.24. The returns from the 52-week low stand at 16.36 per cent. A price volume breakout and volume spike were observed, contributing to a firm movement in the stock. The market capitalisation is Rs 6,461.70 crore.

Following is a list of stocks with a strong positive breakout:

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