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

On Monday, July 28, Indian benchmark indices ended lower for the third straight session, weighed down by weakness in Kotak Mahindra Bank and Bharti Airtel. At the closing bell, the Nifty 50 declined by 156.10 points or 0.63 per cent to end at 24,680.90, while the Sensex fell by 572.06 points or 0.70 per cent, settling at 80,891.03.

Top 3 price-volume breakout stocks:

Vimta Labs Ltd closed the day at Rs 680, up 16.25 per cent from its previous close of Rs 584.95, marking a price-volume breakout with a volume spike. The stock traded about 2.81 crore shares and touched its 52-week high of Rs 680. It is currently giving multibagger returns of 180.93 per cent from its 52-week low.

Paradeep Phosphates Ltd ended at Rs 198.7, up 4.98 per cent from the previous close of Rs 189.27, supported by a price-volume breakout with a traded volume of around 1.93 crore shares. The stock has delivered multibagger returns of 152.13 per cent from its 52-week low and is near its 52-week high of Rs 205.5.

Laurus Labs Ltd finished at Rs 886.5, up 5.82 per cent compared to its previous close of Rs 837.75, with a price-volume breakout and a trading volume of about 1.76 crore shares. It has posted multibagger returns of 112.23 per cent from its 52-week low and is close to its 52-week high of Rs 901.5.

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

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