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

On Tuesday, October 14, Indian equity benchmark indices ended lower, extending their losses from the previous session. The Nifty 50 slipped 81.85 points, or 0.32 per cent, to settle at 25,145.50, while the Sensex declined 297.07 points, or 0.36 per cent, ending at 82,029.98. The decline was led by Bajaj Finance and Tata Consultancy Services (TCS), while India’s fear index, India VIX, rose over 1 per cent during the day, reaching as much as 6 per cent during trading hours.

For the week, Nifty 50 and Sensex have fallen around 0.5 per cent, with financials giving up some gains after a recent rally. All 11 sectoral indices ended in negative territory on Tuesday. Nifty Financial Services and Nifty Bank fell 0.2 per cent after gaining for two consecutive sessions, while private lenders (Nifty Private Bank Index) and state-owned banks (Nifty PSU Bank) declined 0.34 per cent and 1.52 per cent, respectively, due to profit booking. Broader markets also ended on a negative note, with the Nifty Midcap and Nifty Smallcap indices closing lower.

Top 3 price-volume breakout stocks:

Vikram Solar Ltd is currently trading at Rs 343.5, up 6.46 per cent from its previous close of Rs 322.65, with a traded volume of 88.89 lakh shares. The stock has gained 9.92 per cent from its 52-week low of Rs312. It is showing a price volume breakout with a noticeable volume spike.

Anand Rathi Wealth Ltd is trading at Rs 3150, up 7.33 per cent from the previous close of Rs 2934.9, with 68.29 lakh shares traded. The stock has risen 97.62 per cent from its 52-week low of Rs 1590 and is also showing a price volume breakout along with a volume spike.

Landmark Cars Ltd is trading at Rs 645, higher by 10.89 per cent from its previous close of Rs 581.65, with 61.79 lakh shares traded. Returns from its 52-week low of Rs329 are 95.57 per cent, and the stock is witnessing 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.