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

On Thursday, 24 July, Indian equities ended lower, with the Nifty 50 slipping 157.80 points or 0.63 per cent to 25,062.10 and the Sensex losing 542.47 points or 0.66 per cent to 82,184.17. Heavy selling in Large-Cap stocks such as Infosys and Reliance Industries weighed on sentiment.

Top 3 price-volume breakout stocks:

Jayaswal Neco Industries Ltd traded with a price-volume breakout as volumes reached around 3.47 crore shares. The stock is currently trading at Rs 45.95, up 6.91 per cent from the previous close of Rs 42.98. Returns from the 52-week low stand at 64.11 per cent, and the stock moved close to its day high of Rs 49.28 with a 52-week high of Rs 55.5.

Canara Bank Ltd witnessed a price-volume breakout with trading volumes of nearly 86.1 lakh shares. The stock is currently trading at Rs 113.88, reflecting a 5.64 per cent rise from its previous close of Rs 107.8. Returns from the 52-week low are at 44.89 per cent, and the stock touched an intraday high of Rs 113.99, remaining near its 52-week high of Rs 119.3.

Paisalo Digital Ltd recorded a price-volume breakout with a volume spike of approximately 51.1 lakh shares. The stock is currently trading at Rs 35.5, marking a 9.64 per cent gain from the previous close of Rs 32.38. Returns from the 52-week low are at 20.83 per cent, with the stock trading close to its intraday high of Rs 35.98 against a 52-week high of Rs 71.9.

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

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