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

Indian equity benchmark indices closed lower on Monday, December 1, as concerns over foreign fund outflows outweighed optimism stemming from stronger-than-expected economic growth data. The Nifty 50 slipped 27.20 points, or 0.1 per cent, to 26,175.75, while the Sensex fell 64.77 points, or 0.08 per cent, ending at 85,641.90. Both indices extended losses for the second straight session after touching fresh record highs in early trade. India VIX remained steady, indicating stable market sentiment.

Top 3 price-volume breakout stocks:

IPO-price-of-rs-109-per-share-id001-53856">Physicswallah Ltd saw its stock trade at Rs 136.2, up 9.06 per cent from the previous close of Rs 124.89. The trading volume was around 1.88 crore shares. The stock has returned 12.36 per cent from its 52-week low of Rs 121.1 and is currently below its 52-week high of Rs 161.99. Price volume breakout and volume spike were observed.

JM Financial Ltd traded at Rs 153.85, rising 5.85 per cent from the previous close of Rs 145.35. The stock recorded a volume of approximately 61.8 lakh shares. It has returned 91.83 per cent from its 52-week low of Rs 80.3 and remains below its 52-week high of Rs 199.8. Price volume breakout and volume spike were also noted.

Indian Energy Exchange Ltd closed at Rs 147, up 5.54 per cent from the previous close of Rs 139.29. Around 32.32 lakh shares were traded. The stock has returned 12.85 per cent from its 52-week low of Rs 130.5 and is trading below its 52-week high of Rs 215.4. Price volume breakout and volume spike were observed.

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

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