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

India’s benchmark equity indices rebounded sharply on Thursday, March 5, with the Nifty 50 and the Sensex ending in the green, rising 1.17 per cent and 1.14 per cent, respectively. The recovery was driven by gains in Reliance Industries Ltd and supported by a strong global market rally.

The Nifty 50 opened with a gap up and surged above the 24,800 mark, snapping a three-day losing streak. The index recovered more than 400 points from the previous session’s low and maintained momentum through most of the trading day. At close, the Nifty 50 trimmed some gains but still ended higher by 285.40 points, or 1.17 per cent, at 24,765.90, holding above the 24,700 level.

The Sensex advanced 899.71 points, or 1.14 per cent, to settle at 80,015.90. The Bank Nifty finished up by over 300 points at 59,055.85. Meanwhile, the Indian fear gauge, India VIX, cooled 15 per cent to slip below the 18 mark, indicating easing volatility.

Top 3 price-volume breakout stocks:

LT Foods Ltd: LT Foods Ltd hit a high of Rs 438.95 and is currently trading at Rs 429.75 compared to its previous close of Rs 367.55, up 16.92 per cent. The stock recorded traded volume of 4.64 crore shares, indicating strong participation. It has delivered 49.09 per cent returns from its 52-week low, while the 52-week high stands at Rs 518.55. The price volume breakout along with a volume spike suggests fresh buying interest, supported by sustained activity near current levels. The company has a market cap of Rs 13202.56 crore.

National Aluminium Co Ltd: National Aluminium Co Ltd touched a high of Rs 404.3 and is currently trading at Rs 397.95 against its previous close of Rs 373.5, gaining 6.55 per cent. The traded volume stood at 4.55 crore shares. The stock has generated 188.89 per cent returns from its 52-week low, reflecting multibagger returns during the period, with the 52-week high placed at Rs 431.5. The price volume breakout supported by a volume spike indicates continued activity in the counter. The company’s market cap is Rs 72684.67 crore.

Lloyds Enterprises Ltd: Lloyds Enterprises Ltd recorded a high of Rs 49.75 and is currently trading at Rs 49.25 compared to its previous close of Rs 46.08, up 6.88 per cent. The stock saw traded volume of 2.93 crore shares. It has delivered 44.51 per cent returns from its 52-week low, while its 52-week high is Rs 88.13. The price volume breakout along with a volume spike indicates increased participation at current levels. The company has a market cap of Rs 7517.25 crore.

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

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