Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
DSIJ Intelligence-2Categories: Mindshare, Swing Trading, Trending
Top 3 price-volume breakout stocks
On Tuesday, July 15, Indian benchmark indices reversed a four-day losing trend, buoyed by softer-than-expected domestic inflation figures. The Nifty 50 closed higher by 113.50 points or 0.45 per cent at 25,195.80, while the BSE Sensex added 317.45 points or 0.39 per cent to end the day at 82,570.91.
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Out of the 11 major sectoral indices, 10 closed in the green. The Nifty Auto index emerged as the top gainer, rising by 1.45 per cent. In the capital goods sector, KEI Industries Ltd and Suzlon Energy Ltd were the Top Gainers, while Kirloskar Oil Engines Ltd and Inox Wind Ltd were the Top Losers.
Top 3 price-volume breakout stocks:
Swan Energy Ltd witnessed a strong trading session with a price volume breakout and significant volume spike. The stock is currently trading at Rs 500, rising by 10.88 per cent from its previous close of Rs 450.95. The traded volume stood at approximately 3.03 crore shares. Swan Energy Ltd has delivered returns of 38.05 per cent from its 52-week low. Despite being below its 52-week high of Rs 809.8, the recent surge in price along with high volume indicates heightened market activity.
Allcargo Logistics Ltd also showed a price volume breakout with a volume spike, closing at Rs 35.54, up 5.55 per cent from its previous close of Rs 33.67. The traded volume reached approximately 1.88 crore shares. The company has delivered returns of 34.67 per cent from its 52-week low, with the current market price still significantly lower than its 52-week high of Rs 74.49.
Mishra Dhatu Nigam Ltd recorded a price volume breakout, supported by a volume spike of around 1.75 crore shares. The stock is currently trading at Rs 431.9, gaining 7.64 per cent from the previous close of Rs 401.25. The company has shown strong returns of 90.32 per cent from its 52-week low, with the stock moving closer to its 52-week high of Rs 527.
Following is a list of stocks with a strong positive breakout:
|
Sr. |
Stock Name |
Price |
Volume |
|
1 |
Swan Energy Limited |
502.25 |
3,03,93,420 |
|
2 |
Allcargo Logistics Limited |
35.56 |
1,87,87,185 |
|
3 |
Mishra Dhatu Nigam Ltd |
431.8 |
1,75,13,499 |
|
4 |
Anant Raj Limited |
607.2 |
1,39,50,500 |
|
5 |
Jayaswal Neco Industries Limited |
48.5 |
1,25,40,769 |
|
6 |
Cupid Limited |
133.41 |
1,20,37,255 |
|
7 |
Sterlite Technologies Limited |
114.13 |
1,15,06,262 |
|
8 |
Waaree Renewables Technologies Ltd |
1146.7 |
97,69,171 |
|
9 |
Magellanic Cloud Ltd |
81.49 |
96,28,259 |
|
10 |
Fertilisers and Chemicals Travancore Limited |
976.45 |
85,23,649 |
Disclaimer: The article is for informational purposes only and not investment advice.