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

On Wednesday, September 24, Indian equity benchmark indices closed in red, extending losses for the fourth straight session. The Nifty 50 ended down by 112.60 points, or 0.45 per cent, at 25,056.90, while the Sensex dropped by 386.46 points, or 0.47 per cent, to 81,715.64. IT stocks were among the key drags as investor sentiment was impacted by the US H-1B visa fee hike.

Top 3 price-volume breakout stocks:

Paradeep Phosphates Ltd saw a significant move today, currently trading at Rs 193.2, up 11.20 per cent from its previous close of Rs 173.74. The stock recorded a trading volume of 5.30 crore shares and has returned 145.15 per cent from its 52-week low, indicating multibagger returns. Price volume breakout and volume spike were observed during the session.

Minda Corporation Ltd is currently trading at Rs 577.5, up 8.04 per cent from the previous close of Rs 534.5, with a traded volume of 2.54 crore shares. The stock has returned 29.76 per cent from its 52-week low. Price volume breakout and volume spike were also noted in today’s trading.

Munjal Auto Industries Ltd closed the day at Rs 103.2, up 10.45 per cent from the previous close of Rs 93.44. The stock traded 1.53 crore shares and has returned 70.52 per cent from its 52-week low. A price volume breakout and volume spike were observed in the session.

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

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