Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On June 12, Indian benchmark indices closed sharply lower, bringing an end to Nifty's six-day winning run. The index saw its steepest intraday drop in a month.
Markets opened on a positive note but gradually lost strength. By afternoon, selling pressure intensified, leading to a weak close for the session.
At the end of trading, the Nifty 50 had slipped 253.20 points, or 1.01 per cent, to settle at 24,888.20. The Sensex also dropped 823.16 points, or 1 per cent, finishing at 81,691.98. The downturn was triggered by ongoing uncertainty regarding the U.S.-China trade discussions and escalating geopolitical tensions in the Middle East, which dampened investor confidence.
Top 3 price-volume breakout stocks:
Sterlite Technologies Ltd: Sterlite Technologies Ltd is currently trading at Rs 84.49, up 9.77 per cent from the previous close of Rs 76.97. It hit a high of Rs 88.74 with a trading volume of 3.72 crore shares. Returns from the 52-week low stand at 43.54 per cent. The stock has a market cap of Rs 4,119.85 crore. A price volume breakout and volume spike were observed during the session.
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Tanla Platforms Ltd: Tanla Platforms Ltd is currently trading at Rs 674.3, up 8.30 per cent from the previous close of Rs 622.65. The intraday high was Rs 701.65, with a trading volume of 1.89 crore shares. Returns from the 52-week low are 64.72 per cent. Market cap stands at Rs 9,055.69 crore. The session showed a price volume breakout and volume spike.
Nava Ltd: Nava Ltd is currently trading at Rs 558.4, up 5.83 per cent from the previous close of Rs 527.65. It touched a high of Rs 582 with a volume of 1.26 crore shares. Returns from the 52-week low are 77.27 per cent. Market cap is Rs 15,883.42 crore. A price volume breakout and volume spike were recorded.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Sterlite Technologies Limited
|
85.59
|
3,72,26,279
|
|
2
|
Tanla Solutions Limited
|
679.2
|
1,89,53,929
|
|
3
|
Nava Ltd
|
560.25
|
1,26,27,694
|
|
4
|
RHI Magnesita India Ltd
|
486.55
|
1,08,56,564
|
|
5
|
Tilaknagar Industries Limited
|
365.1
|
98,14,951
|
|
6
|
Hubtown Limited
|
227.01
|
81,72,031
|
|
7
|
Manali Petrochemicals Limited
|
64.19
|
73,23,283
|
|
8
|
Kellton Tech Solutions Limited
|
134.01
|
52,68,210
|
|
9
|
Suven Life Sciences Limited
|
260.57
|
34,28,538
|
|
10
|
Subros Limited
|
861.35
|
20,93,577
|
Disclaimer: The article is for informational purposes only and not investment advice.