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

Indian equity markets ended with marginal losses on Friday, November 28, as investors awaited key domestic GDP data scheduled for release after market hours. Despite the decline, benchmark indices continued to trade near record levels supported by resilient demand expectations.

The Nifty 50 slipped by 10.70 points or 0.05 per cent to close at 26,202.95, while the Sensex fell by 13.71 points or 0.02 per cent to end at 85,706.67. Both indices remain about 0.3 per cent below their recent all-time highs. India VIX dropped nearly 1.5 per cent, moving below the 12 mark.

Top 3 price-volume breakout stocks:

Sigachi Industries Ltd: Sigachi Industries Ltd traded with strong activity as volume stood near 8.80 crore shares and the stock is currently trading at Rs 38.09. The stock recorded returns of 24.84 per cent from the 52-week low. It moved from the previous close of Rs 34.56 and hit a high of Rs 39.9 during the day. There was a price volume breakout with a volume spike.

Welspun Living Ltd: Welspun Living Ltd saw active trading with volume near 8.28 crore shares and the stock is currently trading at Rs 147.7. The stock posted returns of 40.94 per cent from the 52-week low. It opened above the previous close of Rs 132.54 and touched a high of Rs 151.06. The move came with a price volume breakout and a volume spike.

dividend-6024">Rico Auto Industries Ltd: Rico Auto Industries Ltd recorded volume of about 7.51 crore shares and the stock is currently trading at Rs 119.6. The stock delivered multibagger returns of 121.48 per cent from the 52-week low. It moved from the previous close of Rs 106.5 and hit a high of Rs 123.37. The session showed a price volume breakout 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.