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

On Tuesday, September 30, Indian equity benchmark indices opened higher but soon turned cautious, extending losses for the eighth consecutive session ahead of the Reserve Bank of India’s monetary policy decision.

At the close, the Nifty 50 fell 23.8 points, or 0.10 per cent, to 24,611.10, while the Sensex dropped 97.32 points, or 0.12 per cent, to 80,267.62.

Top 3 price-volume breakout stocks:

Prozone Realty Ltd witnessed a strong move with its price rising by 10.91 per cent to currently trade at Rs 55.4, up from the previous close of Rs 49.95. The stock recorded a traded volume of 3.95 crore shares. Returns from its 52-week low stood at 164.95 per cent, indicating multibagger returns, while its market capitalization is Rs 813.22 crore. The stock showed a price-volume breakout and a volume spike.

Peninsula Land Ltd rose by 8.01 per cent, currently trading at Rs 34.25 against a previous close of Rs 31.71. The traded volume was 1.02 crore shares. Returns from its 52-week low are 64.11 per cent, and the market cap is Rs 1144.60 crore. A price volume breakout with a volume spike was observed.

Tamilnadu Newsprint & Papers Ltd moved up by 6.38 per cent to currently trade at Rs 157.5, up from Rs 148.06. The stock saw a traded volume of 98.31 lakh shares. Returns from its 52-week low are 36.36 per cent, and the market capitalization is Rs 1090.36 crore. The stock also recorded 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.