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

On Tuesday, November 11, Indian stock markets closed higher for the second consecutive session, supported by gains in financial and IT stocks. The Nifty 50 rose 120.60 points or 0.47 per cent to end at 25,694.95, while the Sensex gained 335.97 points or 0.40 per cent to close at 83,871.32. Both indices remain around 2.2 per cent below their record highs. Meanwhile, India’s volatility index, India VIX, increased 1.5 per cent to 12.5.

Among sectoral indices, six out of eleven ended in positive territory. The Nifty IT index led the gains, advancing 1.2 per cent, followed by the Nifty Auto index, which rose 1.07 per cent with 10 of its 15 constituents ending higher. In contrast, the Nifty PSU Bank index slipped 0.39 per cent, while the Nifty Financial Services index declined 0.09 per cent, dragged down by Bajaj Finance.

Top 3 price-volume breakout stocks:

Hindustan Copper Ltd saw a rise in its stock price and is currently trading at Rs 357, up from the previous close of Rs 337.95, marking a change of 5.64 per cent. The stock’s traded volume was 3.66 crore shares. Its 52-week high is Rs 365.5, giving returns from the 52-week low of 94.21 per cent. The price showed a volume spike and price volume breakout.

HFCL Ltd is currently trading at Rs 78.6, up from Rs 74.22, a change of 5.90 per cent. The stock recorded a traded volume of 3.06 crore shares. Its 52-week high is Rs 135.93, providing returns from the 52-week low of 14.64 per cent. The stock showed a volume spike and price volume breakout.

Urban Company Ltd is trading at Rs 146.85, rising from the previous close of Rs 132.93, a change of 10.47 per cent. The traded volume stood at 2.28 crore shares. Its 52-week high is Rs 201.18, giving returns from the 52-week low of 9.92 per cent. The stock showed a volume spike and price volume breakout.

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

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