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

On Thursday, September 11, Indian equity benchmark indices closed higher, extending their positive run. The Nifty 50 gained for the seventh straight session, closing at 25,005.50, up 32.40 points or 0.13 per cent, while the Sensex added 123.58 points or 0.15 per cent to end at 81,548.73. Gains in energy and Large-Cap stocks supported the uptrend, despite profit booking in IT shares. Optimism over India-US trade talks, expectations of a Federal Reserve rate cut, and recent consumption tax cuts supported sentiment.

Top 3 price-volume breakout stocks:

Sigachi Industries Ltd closed at Rs 37.82, showing a gain of 19.99 per cent compared to the previous close of Rs 31.52. The stock witnessed a trading volume of 9.93 crore shares. It is currently trading near Rs 37.82 with returns of 23.96 per cent from its 52-week low, while the 52-week high stands at Rs 60.5. The move was accompanied by a price volume breakout and a volume spike.

Jayaswal Neco Industries Ltd ended the session at Rs 67.61, up 7.08 per cent from the previous close of Rs 63.14. The stock recorded a trading volume of 5.50 crore shares. Currently trading at Rs 67.61, the stock has delivered multibagger returns of 141.46 per cent from its 52-week low, with a 52-week high of Rs 68.5. The activity indicated a price volume breakout and a volume spike.

Jain Irrigation Systems Ltd closed at Rs 57.09, reflecting a rise of 10.15 per cent over its previous close of Rs 51.83. The trading volume stood at 2.83 crore shares. Currently trading at Rs 57.09, the stock has returns of 26.59 per cent from its 52-week low, against a 52-week high of Rs 83.4. The day saw a price volume breakout and a volume spike.

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

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