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

Indian equity benchmarks extended their losing streak on Friday, ending the session sharply lower as selling pressure intensified across sectors. Weakness in Adani Group stocks, Eternal and IndiGo dragged indices into the red, despite gains in select IT and Banking heavyweights.

The BSE Sensex closed at 81,537.7, down 769.67 points or 0.94 per cent, while the NSE Nifty50 settled at 25,048.65, lower by 241.25 points or 0.95 per cent. Sentiment remained fragile throughout the day as investors booked profits amid sector-wide weakness.

Top 3 price-volume breakout stocks:

Everest Kanto Cylinder Ltd traded with high activity as volume came to about 4.51 crore shares. The stock is currently trading at Rs 114 against the previous close of Rs 101.13, and the day saw a move of 12.73 per cent. Returns from the 52-week low stand at 13.87 per cent. The price came near a high of Rs 117.99 during the day and the action indicated a price-volume breakout with a volume spike.

Tanla Platforms Ltd recorded a volume of about 2.27 crore shares. The stock is currently trading at Rs 472.95 against the previous close of Rs 448.3, marking a 5.50 per cent move. Returns from the 52-week low are at 15.54 per cent. The day high was Rs 508. The stock action showed a price-volume breakout with a volume spike.

IPO-analysis-antony-waste-handling-cell-11805">Antony Waste Handling Cell Ltd saw traded volume of about 0.99 crore shares. The stock is currently trading at Rs 560 against the previous close of Rs 501.6, with an 11.64 per cent move. Returns from the 52-week low are at 37.24 per cent. The day high touched Rs 585. The counter 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.