Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On June 9, Indian stock markets extended their upward momentum, closing higher for the fourth consecutive session. Both Nifty and Sensex opened with gains and remained positive throughout the day, although profit booking at elevated levels slightly reduced the day’s gains.
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By the end of trade, the Nifty 50 added 100.15 points (0.4 per cent) to settle at 25,103.20, while the Sensex moved up by 256.22 points (0.31 per cent) to close at 82,445.21. The rally was led by banking counters, particularly the Nifty Bank index, which hit a fresh lifetime high of 57,049.50 before ending the session at 56,839.60 — up 261.20 points or 0.46 per cent. This marked the fourth straight day of gains for the index.
Top 3 price-volume breakout stocks:
Capri Global Capital Ltd (CGCL): CGCL closed at Rs 178.5, up 17.40 per cent from the previous close of Rs 152.04. It touched a high of Rs 182.44 with traded volume of 9.43 crore shares. Currently trading at Rs 178.5, the stock is 18.60 per cent above its 52-week low. A price-volume breakout and volume spike were observed, though it remains below the 52-week high of Rs 236.25. Market cap stands at Rs 14,953.74 crore.
Bandhan Bank Ltd: Bandhan Bank ended at Rs 186.1, gaining 7.23 per cent from the previous close of Rs 173.55. It hit a high of Rs 187.46, with a traded volume of 4.66 crore shares. Currently trading at Rs 186.1, the stock is up 45.21 per cent from its 52-week low. A price-volume breakout was seen. The market cap is Rs 29,976.91 crore, still below the 52-week high of Rs 222.31.
Manappuram Finance Ltd: Manappuram Finance closed at Rs 265.42, rising 7.21 per cent from Rs 247.56. The stock hit a new 52-week high of Rs 266.76 with 2.87 crore shares traded. Currently trading at Rs 265.42, the stock is 91.85 per cent above its 52-week low. The day saw a price-volume breakout and a volume spike. Market cap stands at Rs 22,385.75 crore.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Capri Global Capital Limited
|
181.34
|
9,43,15,040
|
|
2
|
Bandhan Bank Ltd
|
186.24
|
4,66,11,797
|
|
3
|
Manappuram Finance Limited
|
264.78
|
2,87,68,253
|
|
4
|
Jm Financial Limited
|
155.02
|
2,16,81,424
|
|
5
|
Edelweiss Financial Services Limited
|
113.58
|
1,55,21,503
|
|
6
|
Iifl Holdings Limited
|
487.45
|
1,04,04,725
|
|
7
|
Five-Star Business Finance Ltd
|
800.8
|
88,60,445
|
|
8
|
Jindal Saw Limited
|
231.88
|
74,68,624
|
|
9
|
Geojit Financial Services
|
91.05
|
63,32,236
|
|
10
|
Electrosteel Castings Limited
|
113.59
|
60,79,660
|
Disclaimer: The article is for informational purposes only and not investment advice.