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

Indian equity benchmarks ended nearly 1 per cent higher on Monday, June 15, tracking a global relief rally after the U.S. and Iran announced an initial agreement aimed at ending the conflict in the Middle East and reopening the Strait of Hormuz. The development eased concerns over energy supplies, triggering a sharp decline in crude oil prices and boosting investor sentiment across global markets.

The Nifty 50 opened with a gap-up of more than 350 points but pared some of its early gains during the session, touching an Intraday low of 23,817.80 before hovering around the 23,900 level. The benchmark index eventually settled at 23,853.90, up 231 points or 0.98 per cent. The Sensex gained 736.38 points, or 0.97 per cent, to close at 76,264.33. The Bank Nifty also advanced 0.68 per cent, while India VIX, the market's fear gauge, declined 2.5 per cent, indicating easing volatility concerns.

Top 3 price-volume breakout stocks:

IFCI Ltd: IFCI Ltd witnessed a strong trading session with a volume of 30.98 crore shares. The stock touched a high of Rs 91.30, which is also its 52-week high, and was currently trading at Rs 89.00 compared to the previous close of Rs 84.57, reflecting a gain of 5.24 per cent. The company has a market capitalisation of Rs 23,414.13 crore. The stock has delivered 92.52 per cent returns from its 52-week low. The counter recorded a price-volume breakout along with a volume spike during the session.

Kalyan Jewellers India Ltd: Kalyan Jewellers India Ltd recorded a traded volume of 3.92 crore shares. The stock hit an intraday high of Rs 386.70 and was currently trading at Rs 382.50, up from its previous close of Rs 344.75, registering a gain of 10.95 per cent. The company's market capitalisation stood at Rs 39,511.58 crore. Despite remaining below its 52-week high of Rs 617.70, the stock has generated 16.95 per cent returns from its 52-week low. The stock witnessed a price-volume breakout accompanied by a volume spike.

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Ashoka Buildcon Ltd: Ashoka Buildcon Ltd saw trading activity of 3.87 crore shares during the session. The stock touched a high of Rs 140.13 and was currently trading at Rs 131.80, against its previous close of Rs 123.06, showing an increase of 7.10 per cent. The company commands a market capitalisation of Rs 3,712.34 crore. The stock has delivered 30.50 per cent returns from its 52-week low while remaining below its 52-week high of Rs 218.44. The counter recorded a price-volume breakout and a volume spike, indicating increased trading participation.

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

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