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

On Monday, September 1, Indian equity benchmark indices snapped their 3-day winning streak but still ended on a firm note. The Nifty 50 opened flat with a positive bias and touched an intraday high of 24,635.60. At the close, the index advanced 198.20 points, or 0.81 per cent, to 24,625.05, bouncing from its 100-day EMA. The Sensex gained 554.84 points, or 0.34 per cent, to close at 80,364.49. The key support came from Large-Cap names like Infosys and Mahindra & Mahindra.

Top 3 price-volume breakout stocks:

Ola Electric Mobility Ltd was trading at Rs 62.97 compared to the previous close of Rs 54.05, marking a gain of 16.50 per cent. The stock recorded a traded volume of about 108.03 crore shares, showing a volume spike and price volume breakout. Returns from the 52-week low stood at 59.02 per cent, while the market cap was Rs 26,057.89 crore. The 52-week high for the stock is Rs 123.9.

Aditya Birla Fashion and Retail Ltd was trading at Rs 83.28 against the previous close of Rs 77.35, showing an increase of 7.67 per cent. The traded volume stood at around 3.84 crore shares, accompanied by a price volume breakout and volume spike. Returns from the 52-week low were 18.04 per cent, and the market cap was Rs 10,126.12 crore. The stock has a 52-week high of Rs 121.71.

One MobiKwik Systems Ltd was trading at Rs 237.74 as compared to the previous close of Rs 219.89, reflecting a rise of 8.12 per cent. The traded volume was around 2.83 crore shares, along with a price volume breakout and volume spike. Returns from the 52-week low were 8.46 per cent, with a market cap of Rs 1,871.62 crore. The 52-week high for the stock is Rs 698.3.

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

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