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

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

Top 3 price-volume breakout stocks

The BSE Sensex climbed nearly 1,005 points, or 1.27 per cent, to settle at 80,218, reclaiming the crucial 80,000 level. The Nifty 50 advanced 273 points, or 1.14 per cent, to close at 24,312. During the session, Nifty 50 dipped to an intraday low of 24,054 but staged a sharp recovery to end near its day's high, halting a two-day losing streak.

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The Nifty Bank index rose 1.41 per cent, closing above the 55,400 mark and outperforming the broader Nifty 50. Meanwhile, the Nifty Oil & Gas index surged 3.2 per cent, marking its steepest one-day rise in nearly 11 months, fueled largely by Reliance's rally.

Top 3 price-volume breakout stocks:

RBL Bank Ltd: RBL Bank Ltd is currently trading at Rs 206.7 after a previous close of Rs 188.09, showing a percent change of 9.89 per cent. The stock touched a high of Rs 208.85 during the day with a traded volume of approximately 8.47 crore shares. The 52-week high stands at Rs 272.05, and the market capitalization is around Rs 12,607.69 crore. From the 52-week low, RBL Bank Ltd has delivered returns of 40.14 per cent. The movement in price along with high volume suggests active trading interest. The gap between the current price and the 52-week high provides room for monitoring future price behaviour, while the significant returns from lows highlight recovery trends.

Reliance Industries Ltd: Reliance Industries Ltd is currently trading at Rs 1366.3 after a previous close of Rs 1300.4, reflecting a percent change of 5.07 per cent. The intraday high was recorded at Rs 1374.6 with a traded volume of approximately 3.11 crore shares. The stock's 52-week high is Rs 1608.8, and the market capitalization stands at about Rs 18,52,402.97 crore. Reliance Industries Ltd has generated returns of 22.55 per cent from its 52-week low. The trading action coupled with sizeable volume reflects participant activity around key price levels. Observing the current positioning compared to the 52-week high may help understand ongoing momentum and future developments.

Morepen Laboratories Ltd: Morepen Laboratories Ltd is currently trading at Rs 61.94 after a previous close of Rs 58.82, resulting in a percent change of 5.30 per cent. The stock recorded a high of Rs 64.9 during the session with a traded volume of about 2.63 crore shares. The 52-week high is Rs 100.9, and the market capitalization stands at approximately Rs 3,396.22 crore. Returns from the 52-week low stand at 47.48 per cent. The current trading price relative to the high and the notable return from lows indicate ongoing interest among participants. The volume and price levels together suggest that the stock is witnessing regular activity without providing directional advice.

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

Sr.

Stock Name

Price

Volume

1

Rbl Bank Limited

207.1

8,47,37,876

2

Reliance Industries Limited

1368.8

3,11,04,496

3

Morepen Laboratories Limited

62.05

2,63,25,755

4

Dcb Bank Limited

139.45

1,96,05,016

5

Sonata Software Limited

362.75

1,60,00,768

6

Garden Reach Shipbuilders & Engineers Ltd

1749.6

76,42,809

7

Paradeep Phosphates Ltd

148.94

75,68,658

8

Bharat Dynamics Ltd

1486.5

54,50,229

9

Inox Green Energy Services Ltd

144.21

46,66,276

10

Cochin Shipyard

1502.1

45,68,292

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

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