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

On Wednesday, July 30, Indian equity benchmarks extended their winning streak for the second consecutive session, supported by earnings optimism in heavyweights like Larsen & Toubro (L&T). The Nifty 50 index ended 33.95 points or 0.14 per cent higher at 24,855.05, while the BSE Sensex rose 143.91 points or 0.18 per cent to close at 81,481.86.

Top 3 price-volume breakout stocks:

New India Assurance Company Ltd recorded a strong trading session with a volume spike of approximately 8.27 crore shares. The stock is currently trading at Rs 202.62, up from its previous close of Rs 173.52, marking a gain of 16.77 per cent. The price touched an intraday high of Rs 207.4 and the 52-week high stands at Rs 302.9. With a market capitalisation of Rs 33,639.68 crore, the stock has delivered returns of 49.42 per cent from its 52-week low, indicating a price-volume breakout supported by significant buying interest.

Bliss GVS Pharma Ltd witnessed a price-volume breakout with a sharp volume surge of approximately 1.86 crore shares. The stock is currently trading at Rs 185.62, rising from its previous close of Rs 155.52, registering a gain of 19.35 per cent. The intraday high of Rs 186.62 also matches its 52-week high. With a market capitalisation of Rs 1,941.81 crore, the stock has generated returns of 75.05 per cent from its 52-week low, indicating notable upward momentum.

Zuari Agro Chemicals Ltd saw a volume of approximately 1.70 crore shares, reflecting strong activity along with a price-volume breakout. The stock is currently trading at Rs 284.6, compared to its previous close of Rs 248.01, up by 14.75 per cent. It reached an intraday high of Rs 296.9, which also represents its 52-week high. With a market capitalisation of Rs 1,208.28 crore, the stock has delivered 68.20 per cent returns from its 52-week low, backed by high volume and directional movement.

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

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