Price Volume breakout stocks: These stocks likely to be in focus on Monday!
Top 3 price-volume breakout stocks
Indian equity benchmark indices wrapped up the final trading session of the week on a positive note, though they closed significantly below their intraday highs. The Nifty 50 edged up by 12.50 points or 0.05 per cent, while the BSE Sensex gained 259.75 points or 0.32 per cent, finishing above the 80,501.99 mark.
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The Nifty 50 had a flat start but quickly gained momentum as bulls drove the index higher, pushing it past the 24,500 level within the first hour of trade. It even approached the 24,600 mark before volatility set in, triggering profit booking that erased most of the gains. Ultimately, the index settled near 24,350—about 250 points below the session’s peak.
Top 3 price-volume breakout stocks:
Railtel Corporation of India Ltd: Railtel Corporation of India Ltd showed a strong move as it recorded a price volume breakout and a volume spike, with the stock currently trading at Rs 318.5. The traded volume stood at approximately 4.39 crore shares, indicating increased market participation. The stock rose by 7.58 per cent from its previous close of Rs 296.05. It has delivered returns of 19.96 per cent from its 52-week low, although it remains significantly below its 52-week high of Rs 617.8. The market capitalisation of the company is Rs 10,137.87 crore.
Moil Ltd: Moil Ltd witnessed a price volume breakout and volume spike with the stock currently trading at Rs 336. The total traded volume reached about 84.38 lakh shares. It registered a gain of 6.40 per cent compared to the previous close of Rs 315.8. The stock has generated returns of 22.61 per cent from its 52-week low. However, it remains below the 52-week high of Rs 588. The market capitalisation of Moil Ltd stands at Rs 6,868.23 crore.
CreditAccess Grameen Ltd: CreditAccess Grameen Ltd saw a volume spike and price volume breakout, with the stock currently trading at Rs 1,155. The traded volume was approximately 40.56 lakh shares. The stock rose by 6.10 per cent from its previous close of Rs 1,088.55. It has delivered returns of 53.96 per cent from its 52-week low, with the 52-week high recorded at Rs 1,551.95. The company’s market capitalisation is Rs 18,447.61 crore.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Railtel Corporation of India Ltd
|
316
|
4,38,80,878
|
|
2
|
Moil Limited
|
338.7
|
84,38,365
|
|
3
|
CreditAccess Grameen Ltd
|
1162.9
|
40,55,645
|
|
4
|
Sportking India Ltd
|
110.61
|
40,24,714
|
|
5
|
Iris Clothings Ltd
|
53.01
|
33,68,358
|
|
6
|
Nuvoco Vistas Corporation Ltd
|
338.1
|
31,56,584
|
|
7
|
Timken India Limited
|
2728.4
|
28,07,750
|
|
8
|
Elecon Engineering Company Limited
|
574.8
|
23,30,185
|
|
9
|
Krystal Integrated Services Ltd
|
617.75
|
18,91,617
|
|
10
|
Jubilant Ingrevia Ltd
|
688.7
|
18,21,394
|
Disclaimer: The article is for informational purposes only and not investment advice.