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

India’s key equity benchmarks ended Friday, March 6, in the negative territory amid rising geopolitical tensions. The Nifty 50 declined 1.27 per cent, while the Sensex fell 1.37 per cent, as investors remained cautious due to the escalating U.S.-Israeli war with Iran, which has pushed oil prices higher and dampened global risk appetite.

The benchmark Nifty 50 opened gap down and extended losses throughout the session, slipping below the 24,500 mark. The index is now over 7 per cent below its all-time high. At the close, the Nifty 50 fell 315.45 points (1.27 per cent) to 24,450.45, while the Sensex declined 1,097 points (1.37 per cent) to 78,918.90.

Top 3 price-volume breakout stocks:

Jupiter Wagons Ltd saw a strong price movement during the session with the stock currently trading at Rs 304.1, compared to its previous close of Rs 254.8, reflecting a gain of 19.35 per cent. The stock touched an Intraday high of Rs 305. Trading activity remained elevated with volume of 7.59 crore shares, indicating increased participation during the session. The company has a market capitalisation of Rs 10,889.40 crore. The stock has delivered 23.09 per cent returns from its 52-week low, while it remains below its 52-week high of Rs 457. The move was accompanied by a price volume breakout and a volume spike.

Ircon International Ltd traded higher during the day and is currently trading at Rs 146.58, compared to its previous close of Rs 133.66, registering a rise of 9.67 per cent. The stock touched an intraday high of Rs 150.3. Trading volume stood at 6.71 crore shares, reflecting increased market activity. The company’s market capitalisation is Rs 13,827.70 crore. The stock has generated 12.75 per cent returns from its 52-week low and remains below its 52-week high of Rs 225.52. The movement occurred alongside a price volume breakout and a volume spike.

DCX Systems Ltd moved higher during the session and is currently trading at Rs 193.4, compared to its previous close of Rs 177.75, reflecting a gain of 8.80 per cent. The stock recorded an intraday high of Rs 208.49. Trading volume stood at 5.63 crore shares, indicating strong activity during the session. The company’s market capitalisation is Rs 2,126.24 crore. The stock has delivered 25.91 per cent returns from its 52-week low, while its 52-week high stands at Rs 363.75. The move was accompanied by a price volume breakout and 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.