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

Indian benchmark indices experienced a highly volatile trading session today, beginning with losses, recovering to trade higher, and then trimming gains to close nearly flat. The BSE Sensex ended the session with a marginal loss of 0.07 per cent, while the Nifty 50 edged down by 0.08 per cent. Small-Cap stocks significantly outperformed their counterparts, posting notable gains.

With 1,351 shares rising on the NSE and 1,414 shares declining, the advance-decline ratio remained in favour of declines.

Top 3 price-volume breakout stocks

HFCL Ltd: HFCL Ltd is currently trading at Rs 140.22, showing a 5.82 per cent increase from the previous close of Rs 132.51. The stock has reached a 52-week high of Rs 143.2, reflecting a notable 128.00 per cent return from its 52-week low. With a traded volume of 979.33 lakhs and a market cap of Rs 20,252.27 crore, HFCL Ltd has recently breached its 52-week high, demonstrating a volume spike and price-volume breakout. The RSI stands at 62.98, indicating a neutral position, neither overbought nor oversold.

Inox Wind Ltd: Inox Wind Ltd is trading at Rs 209.07, up 20.00 per cent from the previous close of Rs 174.23. It has hit its 52-week high of Rs 209.07, yielding an impressive 349.61 per cent return from the 52-week low. The stock's trading volume of 923.51 lakhs and a market cap of Rs 27,188.78 crore suggest significant investor interest. The stock shows a price-volume breakout with a volume spike, reflecting a 52-week high breakout. The RSI is at 74.31, indicating an overbought condition.

Rail Vikas Nigam Ltd: Rail Vikas Nigam Ltd is currently trading at Rs 576, up 11.16 per cent from the previous close of Rs 518.15. The stock has touched a 52-week high of Rs 647, with a 370.59 per cent return from its 52-week low. It has a traded volume of 619.51 lakhs and a market cap of Rs 1,19,930.30 crore. The stock shows a price-volume breakout and volume spike while bouncing from its 50-day EMA. The RSI is at 54.81, reflecting a balanced market condition.

The following is a list of stocks with a strong positive breakout:

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