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

On Wednesday, September 10, Indian equity benchmark indices closed in the positive territory, marking a continued rally in the markets.

The Nifty 50 extended gains for the 6th straight session, ending higher by 104.50 points, or 0.42 per cent, at 24,973.10. The Sensex advanced by 323.83 points, or 0.40 per cent, to settle at 81,425.15.

Top 3 price-volume breakout stocks:

MIC Electronics Ltd traded with high activity today, recording a traded volume of about 6.76 crore shares. The stock is currently trading at Rs 72, compared to the previous close of Rs 70.86, reflecting a gain of 1.61 per cent. The day’s high touched Rs 77.94. With a market cap of Rs 1735.28 crore, the stock has delivered returns of 62.90 per cent from its 52-week low. Price volume breakout and a volume spike were observed in today’s movement.

Welspun Living Ltd saw a traded volume of about 6.69 crore shares. The stock is currently trading at Rs 123.8, up from the previous close of Rs 114.25, showing a rise of 8.36 per cent. The day’s high was recorded at Rs 128.3. The company holds a market cap of Rs 10968.02 crore and has delivered returns of 18.13 per cent from its 52-week low. Today’s move indicated a price volume breakout along with a volume spike.

Vikram Solar Ltd registered a traded volume of about 6.62 crore shares. The stock is currently trading at Rs 377.8, compared to the previous close of Rs 360.6, up by 4.77 per cent. The intraday high was Rs 407.95. With a market cap of Rs 13707.26 crore, the stock has given returns of 20.90 per cent from its 52-week low. Price volume breakout and a spike in traded volume were noted in the session.

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

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