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

On Tuesday, July 8, Indian equity benchmarks closed higher for the second consecutive session, supported by gains in banking stocks. The Nifty 50 rose by 61.20 points to settle at 25,522.50, while the BSE Sensex advanced by 270.01 points or 0.32 per cent to end at 83,712.51. The indices gained momentum in the last half hour of trade, led by Kotak Mahindra Bank, HDFC Bank, and ICICI Bank.

Top 3 price-volume breakout stocks:

JG Chemicals Ltd is currently trading at Rs 513.3, showing an increase of 11.73 per cent from its previous close of Rs 459.4. The stock touched an intraday high of Rs 542, which also matches its 52-week high. The traded volume stood at 1.01 crore shares, indicating a notable spike in activity. With returns of 127.98 per cent from its 52-week low, the stock has delivered multibagger returns. The movement is backed by a price-volume breakout and significant volume spike.

KRN Heat Exchanger and Refrigeration Ltd is currently trading at Rs 933, up by 14.24 per cent from the previous close of Rs 816.7. The stock reached an intraday high of Rs 942.7, slightly below its 52-week high of Rs 1012. The traded volume was around 89.18 lakh shares. With returns of 132.03 per cent from the 52-week low, the stock has shown multibagger returns. Price-volume breakout and volume spike supported the strong move.

Arkade Developers Ltd is currently trading at Rs 206, which is a 6.18 per cent increase from the previous close of Rs 194.01. It touched a high of Rs 209.4 during the session, also marking its 52-week high. Trading volume was approximately 85.36 lakh shares. Returns from the 52-week low stand at 60.75 per cent. The stock exhibited a price-volume breakout along with a volume spike, indicating strong intraday participation.

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

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