Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Thursday, July 3, Indian benchmark indices ended in negative territory for the second consecutive session as traders booked profits ahead of an anticipated trade agreement between India and the United States. The Nifty 50 declined by 48.10 points or 0.19 per cent to close at 25,405.30, while the Sensex shed 170.22 points or 0.20 per cent, ending at 83,239.47.
Top 3 price-volume breakout stocks:
DSIJ offers a service 'Technical Advisory Services' with recommendations for best swing trading stocks based on research and analysis to help subscribers make healthy profits. If this interests you, download the service details pdf here
Lloyds Engineering Works Ltd closed the session at Rs 78.6, up from the previous close of Rs 74.35, marking a per cent change of 5.72 per cent. The stock witnessed a strong trading volume of 2.25 crore shares, indicating significant activity. It is currently trading just below its 52-week high of Rs 82.59. The company has delivered 76.59 per cent returns from its 52-week low. A price-volume breakout was observed along with a noticeable volume spike during the day.
Aster DM Healthcare Ltd ended the day at Rs 644, higher than the previous close of Rs 593.2, showing a gain of 8.56 per cent. The trading volume stood at 2.23 crore shares. It is currently trading close to its 52-week high of Rs 675. The stock has delivered multibagger returns of 104.12 per cent from its 52-week low. The session showed a price-volume breakout and a volume spike, indicating strong price action.
Saksoft Ltd finished the trading day at Rs 229.22 compared to the previous close of Rs 199.74, registering a rise of 14.76 per cent. The volume for the day was 1.89 crore shares. It is currently trading below the 52-week high of Rs 319.5. The stock has generated 83.33 per cent returns from its 52-week low. A price-volume breakout was recorded, supported by a spike in volume.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Lloyds Engineering Works Ltd
|
78.48
|
2,25,66,770
|
|
2
|
Aster DM Healthcare Ltd
|
650.05
|
2,23,02,636
|
|
3
|
Saksoft Limited
|
225.87
|
1,88,91,655
|
|
4
|
Transrail Lighting Ltd
|
720.35
|
1,71,54,084
|
|
5
|
Lloyds Enterprises Ltd
|
92.4
|
1,20,57,279
|
|
6
|
Motilal Oswal Financial Services Limited
|
929.1
|
1,20,52,284
|
|
7
|
Dcm Shriram Limited
|
1425.5
|
83,27,709
|
|
8
|
Confidence Petroleum India Ltd
|
56.92
|
68,47,424
|
|
9
|
Natco Pharma Limited
|
973.6
|
59,26,233
|
|
10
|
Jai Balaji Industries Limited
|
128.7
|
49,11,652
|
Disclaimer: The article is for informational purposes only and not investment advice.