Don't miss these top 4 trending Stocks zoomed more than 7 per cent on Wednesday

Prajwal Wakhare
/ Categories: Trending, Mindshare
Don't miss these top 4 trending Stocks zoomed more than 7 per cent on Wednesday

Top Trending Stocks in a Volatile Market - Greenlam, Orbit Exports, Reliance Chemotex, and Gravita India Shine Amid Market Turbulence

The stock markets had a bad day, with both Nifty and Sensex falling by 0.5% each before the US Federal Reserve meeting. Even smaller company stocks, such as Midcaps and Smallcaps, didn't perform well, with a 0.3 per cent and 0.1 per cent drop, respectively. More stocks declined compared to those that advanced, favoring the sellers in the NSE500 index. The following shares managed to outperform the markets and should be on investors' watchlist:

  1. Greenlam Industries Limited: The shares of Greenlam Industries Limited gained by more than 10 per cent on Wednesday. The price volume breakout in Greenlam Industries Limited  after a long consolidation may attract buyers in Thursday's session.

  2. Orbit Exports Limited: Orbit Exports Limited stock reached its highest price in the past 52 weeks, which was Rs. 225. This stock also experienced a significant increase in trading activity, with the trading volume being more than 15.43 times higher than usual. Bullish technical and price volume breakouts may attract buyers to Orbit Exports Limited on Thursday.

  3. Reliance Chemotex Industries Limited: The stock of Reliance Chemotex Industries Ltd. reached its highest price in the last 52 weeks, at Rs. 268.65. Additionally, there was a significant increase in trading activity, with the trading volume being more than 14.72 times higher than usual on that day.

  4. Gravita India Limited: The shares of Gravita India Limited saw a price volume breakout on Wednesday. Gravita India Limited is in a strong uptrend. Ever since the stock gave a breakout from the Rounding Bottom chart pattern, it has been witnessing buying momentum. The shares of Gravita India Limited closed near their all-time highs on Wednesday. A high level of momentum is possible in Gravita India Limited shares on Thursday, and hence it should be on investors' radar.

Disclaimer: This article is for informational purposes only and is not investment advice.

DSIJ's DSIJ's ‘Mid Bridge’ service recommends well researched mid-cap stocks for smart investing. If this interests you, do download the service details here.

Rate this article:
3.9

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary26-Apr, 2024

Multibaggers28-Apr, 2024

Swing Trading28-Apr, 2024

Bonus and Spilt Shares28-Apr, 2024

Penny Stocks28-Apr, 2024

Knowledge

General26-Apr, 2024

Fundamental21-Apr, 2024

General21-Apr, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR