Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian frontline indices ended marginally lower on Wednesday, breaking a two-day winning streak amid increased volatility, as India VIX surged nearly 5 per cent. The BSE Sensex fell by 46 points to close at 80,242, while the Nifty 50 slipped just 2 points to end at 24,334. Trading was range-bound with the Nifty moving within 127 points throughout the session. Despite weakness in broader markets, gains in heavyweights like HDFC Bank and Reliance Industries, both up nearly 1 per cent, helped cushion the fall.
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Top 3 price-volume breakout stocks:
Vishal Mega Mart Ltd: Vishal Mega Mart Ltd is currently trading at Rs 118.48, marking a 10.00 per cent increase from the previous close of Rs 107.71. The stock has experienced a notable rise today with a trading volume of approximately 10.60 crore shares. The stock has a 52-week high of Rs 126.87, and the returns from its 52-week low stand at 23.43 per cent. The market capitalization is Rs 54,410.55 crore. The strong price movement and volume spike indicate a significant breakout in the stock, making it an interesting stock for tracking price and volume trends in the current session.
Sonata Software Ltd: Sonata Software Ltd is trading at Rs 417, showing a 10.90 per cent rise from the previous close of Rs 376. The stock has seen a trading volume of about 3.99 lakh shares. Its 52-week high stands at Rs 763.7, and the returns from the 52-week low are 45.60 per cent. The market cap of the company is Rs 11,752.73 crore. The volume spike and price movement suggest a price-volume breakout, indicating strong upward momentum. Tracking these developments will be essential for understanding the potential trend shifts in the stock.
Greaves Cotton Ltd: Greaves Cotton Ltd is currently trading at Rs 196.6, up by 3.83 per cent from the previous close of Rs 189.35. The trading volume is around 2.54 lakh shares. The stock's 52-week high is Rs 319.5, and the returns from the 52-week low have surged by 75.46 per cent. The market capitalisation of the company stands at Rs 4,642.04 crore. The price-volume breakout and volume spike indicate that the stock is experiencing significant upward movement, showing strong momentum for the day. It will be important to monitor the continuation of these trends.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Vishal Mega Mart Ltd
|
118.48
|
10,60,39,440
|
|
2
|
Sonata Software Limited
|
421.55
|
3,99,94,145
|
|
3
|
Greaves Cotton Limited
|
199.57
|
2,54,33,861
|
|
4
|
R R Kabel Ltd
|
1044.7
|
25,80,412
|
|
5
|
Ceat Limited
|
3332
|
23,89,378
|
|
6
|
Go Fashion (India) Ltd
|
785.9
|
22,07,089
|
|
7
|
A B Infrabuild Ltd
|
88.96
|
19,96,284
|
|
8
|
Barbeque-Nation Hospitality Ltd
|
333.1
|
14,21,195
|
|
9
|
Schaeffler India Ltd
|
3472.9
|
13,43,191
|
|
10
|
Bharti Hexacom Ltd
|
1689.1
|
6,78,197
|
Disclaimer: The article is for informational purposes only and not investment advice.