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

On Wednesday, July 23, Indian benchmark indices closed higher, with the Nifty 50 reclaiming the 25,200 mark and the Sensex gaining over 0.5 per cent. At the closing bell, the Nifty 50 rose by 159 points or 0.63 per cent to end at 25,219.90, while the Sensex jumped by 539.83 points or 0.66 per cent to settle at 82,726.64. Gains were led by ICICI Bank and Bharti Airtel, the top contributors to the index.

Top 3 price-volume breakout stocks:

Ola Electric Mobility Ltd closed the day with a price volume breakout as the stock was currently trading at Rs 42.8, up 6.55 per cent from the previous close of Rs 40.17. The day’s high was Rs 43.95, and traded volume stood at about 25.58 crore shares, indicating a volume spike. Returns from the 52-week low are 8.08 per cent, with a market cap of Rs 17,992.85 crore.

Bombay Dyeing and Mfg Co Ltd showed a price volume breakout with the stock currently trading at Rs 187.3, marking a 13.43 per cent rise from the previous close of Rs 165.13. The day’s high was Rs 191, and around 9.64 crore shares were traded. Returns from the 52-week low stand at 59.40 per cent, and the market cap is Rs 3,886.15 crore.

Jayaswal Neco Industries Ltd also saw a price volume breakout with the stock currently trading at Rs 42.98, up 19.99 per cent from the previous close of Rs 35.82. The high for the day was Rs 42.98 with traded volume of 7.05 crore shares. Returns from the 52-week low are 53.50 per cent, and the market cap is Rs 4,185 crore.

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

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