Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Top 3 price-volume breakout stocks

On Tuesday, May 27, Indian benchmark indices ended their two-day winning run on a negative note. The Nifty 50 slipped 0.7 per cent, while the Sensex dropped over 600 points to close near 81,550. Similarly, the Nifty Bank index shed 219.20 points, or 0.39 per cent, finishing the session at 55,351.

Despite the decline in frontline indices, the broader market held up. Both the Nifty Mid-Cap 100 and Small-Cap 100 closed slightly higher — up by 0.10 per cent and 0.15 per cent, respectively — defying the overall weak sentiment.

Top 3 price-volume breakout stocks:

Apollo Micro Systems Ltd: Apollo Micro Systems Ltd witnessed a strong price-volume breakout with a trading volume of approximately 5.76 crore shares. The stock is currently trading at Rs 155.5, marking a 12.02 per cent rise from the previous close of Rs 138.81. The company reached an intraday high of Rs 159.74, which also stands as its 52-week high. The stock has delivered returns of 76.72 per cent from its 52-week low. The significant increase in volume, along with the price upmove, indicates a strong move on the charts. With a market capitalisation of Rs 4797.84 crore, the volume spike and price behaviour reflect heightened activity in the counter.

Shriram Properties Ltd: Shriram Properties Ltd showed a notable move with a trading volume of about 3.14 crore shares, suggesting strong participation during the session. The stock is currently trading at Rs 97, up 14.67 per cent from the previous close of Rs 84.59. It touched an intraday high of Rs 99.73. Although its 52-week high stands at Rs 147.6, the stock has recorded returns of 53.65 per cent from its 52-week low. With a market capitalisation of Rs 1660.51 crore, the day's trading saw a price-volume breakout accompanied by a volume spike.

Mahanagar Telephone Nigam Ltd: Mahanagar Telephone Nigam Ltd recorded a trading volume of around 2.36 crore shares, showing a volume spike along with price movement. The stock is currently trading at Rs 47.35, up 6.24 per cent from the previous close of Rs 44.57. It made an intraday high of Rs 48.45, while its 52-week high stands at Rs 101.93. The stock has delivered returns of 45.47 per cent from its 52-week low. With a market capitalisation of Rs 3010.23 crore, the stock displayed a price-volume breakout, indicating a significant move during the session.

Following is a list of stocks with a strong positive breakout:

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