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

On Thursday, March 19, India’s benchmark indices, the Nifty 50 and the Sensex, ended in a bloodbath, falling over 3 per cent and snapping a three-day winning streak. The sell-off was led by HDFC Bank following the resignation of its part-time chairman, while rising crude oil prices and a hawkish U.S. Federal Reserve added to negative sentiment.

The Nifty 50 opened with a gap-down and declined sharply after midday, hitting an Intraday low of 22,930, marking an 11-month low. At the close, the Nifty 50 fell 775.65 points, or 3.26 per cent, ending at 23,002.15, recording the biggest fall in 21 months. The Sensex declined 2,496.89 points, or 3.26 per cent, to 74,207.24.

The Bank Nifty index fell nearly 3.4 per cent, marking its sharpest single-day decline since June 2024 and touching an 11-month low, down 13.8 per cent from its all-time high. The India VIX spiked over 21 per cent, ending at 22.80.

Top 3 price-volume breakout stocks:

Adani Total Gas Ltd is currently trading at Rs 560.5, up from the previous close of Rs 515.65, showing an 8.70 per cent increase. The stock has a traded volume of 5.03 crore shares and a return of 21.11 per cent from its 52-week low of Rs 462. The movement indicates a price volume breakout with a volume spike.

Gujarat Alkalies And Chemicals Ltd is trading at Rs 491, higher than the previous close of Rs 432.1, registering a 13.63 per cent gain. The stock saw a traded volume of 4.80 crore shares and returns of 20.00 per cent from its 52-week low. The session shows a price volume breakout along with a volume spike.

Acme Solar Holdings Ltd is currently at Rs 262.5, up from Rs 248.69, gaining 5.55 per cent. The stock traded 82.95 lakh shares and has a return of 52.06 per cent from its 52-week low of Rs 172. The stock also shows 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.