Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Wednesday, May 21, Indian equity markets bounced back, breaking a three-day losing streak with a modest uptrend. The Nifty 50 rose by 0.52 per cent, reclaiming the 24,800 level, while the Sensex gained 0.51 per cent. A broad-based recovery was seen across sectors, with all major indices closing in positive territory.
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Top 3 price-volume breakout stocks:
Tata Teleservices (Maharashtra) Ltd: Tata Teleservices (Maharashtra) Ltd registered a strong price-volume action today as the stock closed at Rs 69.87, showing a 19.99 per cent gain from the previous close of Rs 58.23. It touched an intraday high of Rs 69.87, matching its closing price. The trading volume crossed 10.59 crore shares, reflecting a significant increase compared to previous sessions. The company has a market capitalisation of Rs 13,493.04 crore. The stock is currently trading below its 52-week high of Rs 111.4. However, it has delivered returns of 39.46 per cent from its 52-week low, indicating a substantial upward move in recent months.
Bharat Electronics Ltd: Bharat Electronics Ltd showed a strong move today with the stock closing at Rs 382.95, recording a 5.26 per cent rise from its previous close of Rs 363.8. The intraday high was Rs 383.9, aligning closely with the day’s closing price. The trading volume stood at 8.87 crore shares, showing a significant pickup. The stock is currently trading near its 52-week high of Rs 383.9. The company has a market capitalisation of Rs 2,80,081.98 crore. Returns from the 52-week low stand at 66.50 per cent, reflecting a steady upward trend over the year.
Trident Ltd: Trident Ltd ended the day at Rs 33.45, advancing 13.51 per cent from the previous close of Rs 29.47. The stock reached an intraday high of Rs 34.62. Trading volume was recorded at 6.59 crore shares. The stock is currently trading below its 52-week high of Rs 41.78. Market capitalisation for the company stands at Rs 16,879.57 crore. Returns from the 52-week low are at 44.74 per cent.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Tata Teleservices (maharashtra) Limited
|
69.09
|
10,59,05,634
|
|
2
|
Bharat Electronics Limited
|
383
|
8,86,88,170
|
|
3
|
Trident Limited
|
33.48
|
6,59,29,273
|
|
4
|
Jk Tyre & Industries Limited
|
393.5
|
3,08,76,818
|
|
5
|
Apollo Micro Systems Ltd
|
145.92
|
3,03,34,459
|
|
6
|
Go Digit General Insurance Ltd
|
328.6
|
1,24,98,144
|
|
7
|
Banco Products (i) Limited
|
572.35
|
75,36,546
|
|
8
|
Thomas Cook (india) Limited
|
167
|
59,18,833
|
|
9
|
Iol Chemicals And Pharmaceuticals Limited
|
86.27
|
55,92,380
|
|
10
|
Quality Power Electrical Equipments Ltd
|
407.65
|
52,13,463
|
Disclaimer: The article is for informational purposes only and not investment advice.