Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
DSIJ Intelligence-2Categories: Mindshare, Trending
Top 3 price-volume breakout stocks
On Wednesday, August 20, Indian equity markets extended their winning streak to five consecutive trading sessions, with the Nifty 50 reclaiming the 25,000 mark. The rally was largely driven by IT and FMCG stocks, while broader markets also ended in the green. Investors remained watchful ahead of the U.S. Federal Reserve’s Jackson Hole symposium scheduled for August 21–23.
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At the closing bell, the Nifty 50 rose 69.90 points or 0.28 per cent to settle at 25,050.55. The Sensex advanced 213.46 points or 0.26 per cent to close at 81,857.58. The Nifty IT index emerged as the top sectoral gainer, climbing 2.69 per cent, supported by buying in Large-Cap stocks like Infosys and Mphasis. Infosys alone added 47.06 points to the index after its share price jumped 3.9 per cent.
Top 3 price-volume breakout stocks:
Ola Electric Mobility Ltd was trading at Rs 53.08 today, higher than its previous close of Rs 44.83, showing a gain of 18.40 per cent. The stock touched a high of Rs 53.79 during the session. Trading volume stood at 110.81 crore shares, reflecting strong participation. Market cap is at Rs 22,269.71 crore, and returns from the 52-week low are 34.04 per cent. The move was supported by price volume breakout and volume spike.
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Southern Petrochemical Industries Corp Ltd was trading at Rs 112.4, compared to its previous close of Rs 104.85, showing a gain of 7.20 per cent. The stock reached a high of Rs 117.4 during the day. The traded volume was 1.54 crore shares. Market cap stands at Rs 2,304.93 crore, and returns from the 52-week low are 69.74 per cent. The stock also showed a price volume breakout and a volume spike.
Rashtriya Chemicals and Fertilizers Ltd was trading at Rs 157.75, up from the previous close of Rs 149.32, showing a gain of 5.65 per cent. The stock made a high of Rs 158.31 during the session. Trading volume was 82.07 lakh shares. Market cap is at Rs 8,686.17 crore, with returns from the 52-week low at 42.37 per cent. Price volume breakout and volume spike supported the move.
Following is a list of stocks with a strong positive breakout:
|
Sr. |
Stock Name |
Price |
Volume |
|
1 |
Ola Electric Mobility Ltd |
53.21 |
1,10,81,55,492 |
|
2 |
Southern Petrochemicals Industries Corporation Limited |
113.29 |
1,54,23,849 |
|
3 |
Rashtriya Chemicals And Fertilizers Limited |
157.3 |
82,06,684 |
|
4 |
Protean eGov Technologies Ltd |
876.2 |
80,16,206 |
|
5 |
ITC Hotels Ltd |
246.04 |
77,61,322 |
|
6 |
Mahindra EPC Irrigation Ltd |
181.7 |
64,42,669 |
|
7 |
Shree Digvijay Cement Co. Ltd |
95.65 |
63,90,696 |
|
8 |
National Fertilizers Limited |
96.89 |
53,71,420 |
|
9 |
Indo Farm Equipment Ltd |
231.25 |
52,86,244 |
|
10 |
Carborundum Universal Limited |
990.25 |
47,87,769 |
Disclaimer: The article is for informational purposes only and not investment advice.