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

The benchmark Indian equity indices managed to close in the green on Monday, despite giving up most of their early gains. The BSE Sensex touched an intra-day high of 81,171.38 before settling at 80,787.30, higher by 76.54 points or 0.09 per cent.

The NSE Nifty50 also ended higher at 24,773.15, adding 32.15 points or 0.13 per cent. During the session, the index traded between 24,885.50 and 24,751.55.

Top 3 price-volume breakout stocks:

One MobiKwik Systems Ltd saw a strong price move today with the stock currently trading at Rs 324.99, higher than the previous close of Rs 293.66, reflecting a gain of 10.67 per cent. The stock touched a high of Rs 334 during the day, supported by a traded volume of around 5.54 crore shares. Returns from the 52-week low stand at 48.26 per cent, while the stock remains below its 52-week high of Rs 698.3. The activity was accompanied by a price-volume breakout and a notable volume spike.

Paisalo Digital Ltd is currently trading at Rs 37.7 compared to the previous close of Rs 34.59, registering a rise of 8.99 per cent. The day’s high was recorded at Rs 38.35 with nearly 5.18 crore shares changing hands. Returns from the 52-week low are at 28.32 per cent, while the stock is away from its 52-week high of Rs 64.15. The move was supported by a price volume breakout and higher-than-usual traded volume.

IOL Chemicals and Pharmaceuticals Ltd ended the day strongly, trading at Rs 111.25 against the previous close of Rs 96.91, up by 14.80 per cent. The stock hit the upper end of Rs 115 with about 4.28 crore shares traded. Returns from the 52-week low are at 93.48 per cent, close to touching the 100 per cent mark but not yet reaching multibagger returns. The session was marked by a price volume breakout and a visible spike in traded volumes.

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

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