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

On Monday, September 29, Indian equity benchmark indices extended their losing streak for the seventh consecutive day. The Nifty 50 closed down by 19.80 points, or 0.08 per cent, at 24,634.90, while the Sensex dropped by 61.52 points, or 0.08 per cent, to 80,364.94. Heavyweight financial stocks erased early gains amid continued concerns over persistent foreign sell-offs.

Top 3 price-volume breakout stocks:

Sammaan Capital Ltd touched a high of Rs155.69 with a traded volume of 1.57 crore shares. The stock is currently trading at Rs153.8, up from the previous close of Rs137.82, marking an 11.59 per cent increase. Returns from the 52-week low stand at 57.57 per cent, while the 52-week high is Rs170.25. The market capitalisation is Rs 11,259.58 crore. The stock showed a price-volume breakout with a noticeable volume spike today.

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VASCON Engineers Ltd reached a high of Rs 69.45 with a traded volume of 69.67 lakh shares. It is currently trading at Rs69.45, up from the previous close of Rs57.88, a 19.99 per cent change. Returns from the 52-week low are 117.17 per cent, indicating multibagger returns. The 52-week high is Rs69.45, and the market cap is Rs 1,571.52 crore. The stock displayed a price-volume breakout and a volume spike.

Paradeep Phosphates Ltd recorded a high of Rs196.79 with a traded volume of 2.61 crore shares. Currently, it is trading at Rs194.71, compared to the previous close of Rs182.45, a 6.72 per cent increase. Returns from the 52-week low are 147.06 per cent, showing multibagger returns. The 52-week high is Rs234.39, and the market cap is Rs 15,857.52 crore. The stock experienced a price-volume breakout along with 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.