Price Volume breakout stocks: These stocks likely to be in focus Monday!
Top 3 price-volume breakout stocks
The Indian benchmark indices surrendered early gains to end sharply lower on Friday, as escalating geopolitical tensions between India and Pakistan rattled investor sentiment. The NSE Nifty 50 declined by 0.86 per cent, while the BSE Sensex fell by 0.74 per cent. The Nifty 50 index logged its steepest single-day decline in two weeks, weighed down by concerns over ceasefire violations along the Line of Control (LoC) in the aftermath of the Pahalgam terror attack.
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Adding to the nervousness, India’s volatility gauge—the India VIX—spiked 5.6 per cent, breaching the 17-mark, which reflects rising anxiety among market participants. Nonetheless, despite the turmoil on Friday, the Nifty 50 managed to post a weekly gain of 0.79 per cent, comfortably staying above the 24,000 level.
Top 3 price-volume breakout stocks:
SBI Life Insurance Company Ltd: SBI Life Insurance Company Ltd is currently trading at Rs 1691, showing a 5.15 per cent increase from its previous close of Rs 1608.2. The stock has witnessed a volume of 1.03 crore shares today, indicating a price-volume breakout and volume spike. It has returned 29.31 per cent from its 52-week low. The stock's 52-week high is Rs 1936, and it has a market cap of Rs 169,412.57 crore. With a strong trading volume and a notable upward movement, the stock remains in focus as it continues to show bullish momentum.
Restaurant Brands Asia Ltd: Restaurant Brands Asia Ltd is trading at Rs 81.99, reflecting a 5.45 per cent gain from its previous close of Rs 77.75. The stock has a traded volume of 76.36 lakh shares today, suggesting a price-volume breakout and volume spike. The stock has delivered a 38.03 per cent return from its 52-week low. Its 52-week high stands at Rs 118.9, with a market cap of Rs 4795.80 crore. The price action today indicates significant movement, with increased investor interest.
Carraro India Ltd: Carraro India Ltd is currently at Rs 383, showing a 15.57 per cent rise from its previous close of Rs 331.4. The stock has seen a traded volume of 16.71 lakh shares, indicating a price-volume breakout and volume spike. It has returned 51.29 per cent from its 52-week low. The stock's 52-week high is Rs 692.4, with a market cap of Rs 2193.95 crore. With such a strong percentage change and an uptick in volume, the stock shows solid price momentum today.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
SBI Life Insurance Company Ltd
|
1695.1
|
1,03,21,746
|
|
3
|
Restaurant Brands Asia Ltd
|
82.22
|
76,36,171
|
|
2
|
CARRARO
|
386.55
|
16,70,659
|
|
4
|
Lotus Eye Care Hospital Limited
|
74.17
|
10,90,989
|
|
5
|
Manaksia Steels Limited
|
73.32
|
10,20,692
|
Disclaimer: The article is for informational purposes only and not investment advice.