Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
DSIJ Intelligence-2Categories: Mindshare, Swing Trading, Trending
On Monday, Benchmark indices concluded the trading day on a positive note as Sensex closed higher by 0.73 per cent and closed at 81,973.05, while Nifty closed higher by 0.66 per cent and closed at 25,127.95 level. Similarly, the Broader market, Nifty Mid-Cap closed higher by 0.45 per cent at 59,476.25, while Nifty Small-Cap closed higher by 0.41 per cent and closed at 19,087.45.
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Market volatility, as indicated by India VIX, fell by 1.66 per cent and is trading at the level of 13.00 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
Aptus Value Housing Finance India Ltd: Aptus Value Housing Finance India Ltd saw a price-volume breakout today, with a significant volume of 1.89 crore shares traded. The stock reached a new 52-week high of Rs 401.65 and is currently trading at Rs 387.2, reflecting a 7.32 per cent increase from the previous close of Rs 360.8. The company’s market capitalisation stands at Rs 19,416.26 crore. It has delivered strong returns of 39.23 per cent from its 52-week low. With the stock breaking its previous high, today's session highlights a strong upward movement backed by heavy trading volumes.
Central Depository Services (India) Ltd: Central Depository Services (India) Ltd experienced a price-volume breakout, with a volume of 1.81 crore shares. The stock is currently trading at Rs 1584, marking a 7.17 per cent increase from its previous close of Rs 1,478.05, and remains near its 52-week high of Rs 1615. The company has generated multibagger returns of 151.03 per cent from its 52-week low. It also bounced from the 50-day EMA level, with market capitalisation at Rs 33,105.58 crore, indicating strong interest in today’s session.
Mahanagar Telephone Nigam Ltd: Mahanagar Telephone Nigam Ltd saw a price-volume breakout, with 1.28 crore shares traded. The stock is currently trading at Rs 53.41, up by 4.85 per cent from the previous close of Rs 50.94, and hit a high of Rs 55.4 during the session. The company has delivered multibagger returns of 111.52 per cent from its 52-week low. The market capitalisation stands at Rs 3,368.64 crore, reflecting increased attention during today’s session.
The following is a list of stocks with a strong positive breakout:
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Disclaimer: The article is for informational purposes only and not investment advice.