Price Volume breakout stocks: These stocks likely to be in focus Tomorrow!
Top 3 price-volume breakout stocks
On Thursday, Benchmark indices concluded the trading day on a negative note as Sensex substantially declined by 0.62 per cent and closed at 72,488.99 level, while Nifty also plunged by 0.69 per cent and closed at 21,995.85 level. Similarly, the Broader market experienced underperformance as Nifty Mid-Cap closed marginally lower by 0.49 per cent, while Nifty Small-Cap declined by 0.28 per cent.
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. This service is available as part of the "Festive Savings" combo offer discounted at 51%. Do download the service details pdf here
Market volatility, as indicated by India VIX, has surged by 2.08 per cent, reflecting an increase in market volatility.
Top 3 price-volume breakout stocks
Dhani Services Ltd: The stock of Dhani Services Ltd traded at Rs 54.95 with a traded volume of 49,656,829 shares. Today, it showed a price volume breakout, with a notable volume spike. Additionally, it bounced back from its 200-day Exponential Moving Average (EMA), indicating strong support. The Relative Strength Index (RSI) stands at 71.27, suggesting overbought conditions. The stock also broke out of its 52-week high, showing robust momentum. This signifies bullish sentiment in today's trading session, with a 8.13 per cent increase from the previous close.
Exicom Tele-Systems Ltd: Exicom Tele-Systems Ltd is currently trading at Rs 295 with a traded volume of 16,151,712 shares. The stock displayed a price volume breakout accompanied by a significant volume spike, positioning itself well for an uptrend. Its RSI of 68.94 indicates strong momentum, corroborating its breakout from the 52-week high. Today, it shows a 13.94 per cent increase from the previous close, highlighting bullish sentiment and potential for further upside.
Bharti Hexacom Ltd: Bharti Hexacom Ltd is presently trading at Rs 965.8 with a traded volume of 13,608,473 shares. Since its listing, the stock has shown a consistent upward trend, with all four days in green. It debuted at a premium of 32.45 per cent over its offer price, reflecting positive market sentiment. However, market cap information is not available.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Dhani Services Ltd
|
51.45
|
4,96,56,829
|
|
2
|
Exicom Tele-Systems Ltd
|
294.9
|
1,61,58,506
|
|
3
|
Bharti Hexacom Ltd
|
969.15
|
1,36,07,864
|
|
4
|
Oricon Enterprises Limited
|
43.4
|
1,25,12,125
|
|
5
|
Just Dial Limited
|
1009.35
|
1,10,97,608
|
|
6
|
K.m.sugar Mills Limited
|
36.05
|
59,23,563
|
|
7
|
Suryoday Small Finance Bank Ltd
|
205.65
|
58,06,939
|
|
8
|
Navkar Corporation Limited
|
107.4
|
49,51,451
|
|
9
|
Likhitha Infrastructure Ltd
|
307.5
|
32,95,210
|
|
10
|
Tpl Plastech Limited
|
84.25
|
31,87,077
|
Disclaimer: The article is for informational purposes only and not investment advice.
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. This service is available as part of the "Festive Savings" combo offer discounted at 51%. Do download the service details pdf here