Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Tuesday, July 1, Indian equity markets ended marginally higher, with benchmark indices holding steady despite pressure from the financial sector. Gains in index heavyweights like Reliance Industries and HDFC Bank helped the Nifty and Sensex stay in positive territory. Investor focus remained on global cues, particularly developments in U.S. trade discussions. The Nifty 50 closed at 25,541.80, up by 24.75 points or 0.1 per cent, while the Sensex gained 90.83 points or 0.11 per cent to finish at 83,697.29. Financials continued to slide for the second straight session after touching record levels last Friday.
Top 3 price-volume breakout stocks:
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IDFC First Bank Ltd is currently trading at Rs 77.10, showing a rise of 5.85 per cent from its previous close of Rs 72.84. The stock witnessed a high of Rs 77.39 during the session, with a sharp increase in traded volume, touching nearly 12.95 crore shares. This surge in volume, along with the price movement, indicates a price-volume breakout. The returns from its 52-week low stand at 46.97 per cent, and the stock is nearing its 52-week high of Rs 82.20. The market capitalisation of the company is around Rs 56,338.12 crore.
Raymond Ltd is currently trading at Rs 762, gaining 7.41 per cent over its previous close of Rs 709.40. The stock touched a high of Rs 771.40 for the day. A significant rise in traded volume to 2.48 crore shares accompanied this move, indicating a volume spike and a price-volume breakout. Raymond Ltd has delivered 76.01 per cent returns from its 52-week low, while its 52-week high stands at Rs 847.28. The company’s market cap is approximately Rs 5,071.22 crore.
Filatex India Ltd is trading at Rs 61.15, advancing 10.76 per cent from its previous close of Rs 55.21. The stock hit an intraday high of Rs 62 and saw a volume spike with 1.19 crore shares traded. A price-volume breakout was observed in this session. Returns from the 52-week low are 79.85 per cent, and the 52-week high is Rs 73.39. The company holds a market capitalisation of Rs 2,731 crore.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
IDFC First Bank Ltd
|
77.24
|
12,94,86,596
|
|
2
|
Raymond Limited
|
757
|
2,47,81,077
|
|
3
|
Filatex India Limited
|
61.51
|
1,19,33,417
|
|
4
|
Asahi India Glass Limited
|
806.3
|
98,95,788
|
|
5
|
Prime Focus Limited
|
149.69
|
93,50,665
|
|
6
|
City Union Bank Limited
|
230.51
|
83,73,774
|
|
7
|
Quick Heal Technologies Limited
|
398.6
|
55,44,538
|
|
8
|
ESAF Small Finance Bank Ltd
|
35.49
|
45,74,741
|
|
9
|
Ceigall India Ltd
|
271.5
|
31,98,309
|
|
10
|
Kolte - Patil Developers Limited
|
492.4
|
18,75,964
|
Disclaimer: The article is for informational purposes only and not investment advice.