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

On Tuesday, September 16, Indian equity benchmark indices closed in positive territory, supported by strong market momentum. The Nifty 50 ended up by 169.90 points, or 0.68 per cent, at 25,239.10, forming a strong green marubozu candle near a two-month high. The Sensex jumped 954.95 points, or 0.73 per cent, to close at 82,380.69, as investors awaited cues from the US Federal Reserve's upcoming policy meeting.

Top 3 price-volume breakout stocks:

On Tuesday, Redington Ltd saw a strong trading session with the stock currently trading at Rs 289.7, up 20.00 per cent from its previous close of Rs 241.42. The traded volume was around 10.92 crore shares, indicating significant market activity. The stock has gained 82.65 per cent from its 52-week low of Rs 158.5 and is nearing its 52-week high of Rs 334.8, showing a price volume breakout and a volume spike.

VASCON Engineers Ltd closed at Rs 62.65, rising 7.13 per cent from the previous close of Rs 58.48. The traded volume was approximately 5.01 crore shares. The stock has increased 95.90 per cent from its 52-week low of Rs 31.95 and is close to its 52-week high of Rs 71.4, with a clear price volume breakout and volume spike.

Laxmi Dental Ltd ended the day at Rs 364.05, up 19.99 per cent from the previous close of Rs 303.4. The traded volume was around 1.68 crore shares. The stock has returned 20.55 per cent from its 52-week low of Rs 302 and is still below its 52-week high of Rs 584, showing a price-volume breakout and 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.