Price Volume breakout stocks: These stocks likely to be in focus on Monday!
DSIJ Intelligence-2Categories: Mindshare, Swing Trading, Trending
Top 3 price-volume breakout stocks
Indian equity markets bounced back on Friday, July 4, ending a two-day losing streak, as strong performances from heavyweight stocks like ICICI Bank and Infosys lifted sentiment. The Nifty 50 index climbed 55.70 points, or 0.22 per cent, to close at 25,461—recovering more than 100 points from its intraday low and ending near the day’s high. The Sensex followed suit, advancing 193.42 points, or 0.23 per cent, to settle at 83,432.89.
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Top 3 price-volume breakout stocks:
Sindhu Trade Links Ltd: Sindhu Trade Links Ltd recorded a strong trading session with a price volume breakout and a sharp volume spike. The stock is currently trading at Rs 35.77, showing a 19.43 per cent increase from the previous close of Rs 29.95. The traded volume stood at 4.4 crore shares. It touched its 52-week high of Rs 35.94 during the day. Returns from the 52-week low indicate multibagger returns of 175.15 per cent. The stock has a market capitalisation of Rs 5,532.40 crore.
Sigachi Industries Ltd: Sigachi Industries Ltd experienced a price volume breakout backed by a notable volume spike. It is currently trading at Rs 45.70, up by 9.12 per cent from the previous close of Rs 41.88. The traded volume was 3.3 crore shares. Although it is still below its 52-week high of Rs 69.89, the returns from the 52-week low stand at 34.41 per cent. The market capitalisation of the company is Rs 1,720.27 crore.
Sapphire Foods India Ltd: Sapphire Foods India Ltd showed a strong move supported by increased volume and a price volume breakout. The stock is currently trading at Rs 333.75, which is 4.12 per cent higher than the previous close of Rs 320.55. Trading volume reached 2.65 crore shares. It is nearing its 52-week high of Rs 401. The stock has delivered a 21.01 per cent return from its 52-week low. The company’s market capitalisation stands at Rs 10,826.47 crore.
Following is a list of stocks with a strong positive breakout:
|
Sr. |
Stock Name |
Price |
Volume |
|
1 |
Sindhu Trade Links Ltd |
35.74 |
4,40,05,575 |
|
2 |
Sigachi Industries Ltd |
44.82 |
3,30,00,524 |
|
3 |
Sapphire Foods India Ltd |
336.75 |
2,65,26,181 |
|
4 |
Chennai Petroleum Corporation Limited |
771.15 |
1,98,13,576 |
|
5 |
Northern ARC Capital Ltd |
257.03 |
1,00,08,409 |
|
6 |
Jk Paper Limited |
406.3 |
77,31,152 |
|
7 |
Orient Paper & Industries Limited |
30.27 |
62,04,707 |
|
8 |
Tourism Finance Corporation Of India Limited |
262.67 |
41,37,850 |
|
9 |
J.G.Chemicals Ltd |
459.4 |
40,01,933 |
|
10 |
Arisinfra Solutions Ltd |
172.58 |
38,87,536 |
Disclaimer: The article is for informational purposes only and not investment advice.