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

On Friday, July 18, Indian equity benchmark indices ended the session in the red, led by a sharp fall in Axis Bank and HDFC Bank.

The markets opened on a flat note, but as the day progressed, selling pressure intensified. However, during the second half of the trading session, the indices hovered in a narrow range, though they remained in negative territory. Eventually, the Nifty 50 closed below the 25,000 mark, down 143.05 points or 0.57 per cent, while the Sensex declined by 501.52 points or 0.61 per cent.

Selling pressure was broad-based—the Nifty Bank fell nearly 1 per cent, and the Nifty Midcap 100 and Nifty Smallcap 100 ended lower by 0.70 per cent and 0.82 per cent, respectively.

Top 3 price-volume breakout stocks:

Gujarat Mineral Development Corpn Ltd traded with a strong price volume breakout as the stock closed at Rs 429.4, up 13.18 per cent from its previous close of Rs 379.4. It touched a high of Rs 443.1 during the day with a traded volume of about 4.72 crore shares. The stock has delivered returns of 89.51 per cent from its 52‑week low.

Garuda Construction and Engineering Ltd recorded a price volume breakout with a close at Rs 165, registering a 9.93 per cent gain from the previous close of Rs 150.1. It reached a high of Rs 180, with a traded volume of nearly 4.66 crore shares. The stock has given multibagger returns of 114.15 per cent from its 52‑week low.

Cupid Ltd showed a price volume breakout as the stock ended the session at Rs 147.85, up 10.62 per cent from the previous close of Rs 133.66. It touched a high of Rs 147.95 with a traded volume of about 3.35 crore shares. The stock has posted multibagger returns of 165.20 per cent from its 52‑week low.

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

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