These stocks are experiencing price volume breakout

For two consecutive trading sessions, markets have had a gap up opening, indicating some degree of bullishness. In this post, we have identified the top stocks experiencing price volume breakout.

On June 27, Nifty 50 futures opened with a gap-up, surpassing key resistances between 15,700 to 15,850. Moving forward, these levels will serve as support levels for the index.

This can be linked to the positive opening of Asian indices and the Friday close of US indices. As investors evaluate the Federal Reserve's interest rate hike expectations, the major US market indices finished higher.

Furthermore, the recent drop in commodity prices has helped to alleviate concerns about inflation and aggressive rate hikes. Additionally, according to a University of Michigan study on consumer sentiment, 5-year to 10-year inflation forecasts have been reduced to 3.1 per cent, down from 3.3 per cent in a previous report.

Nifty 50 futures support and resistance levels will be around 15,700 to 15,850 and 16,200 to 16,400, respectively. Markets, however, are still trading below the 50-Day and 200-Day Exponential Moving Averages (EMA).

The following is a list of stocks exhibiting price volume breakout