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

Indian stock markets recovered from early losses on Monday but closed marginally lower as weak global cues weighed on investor sentiment, amid cautious trading across global markets and USD-linked assets.

At 3:30 PM, the BSE Sensex settled at 85,213.36, down 54.30 points or 0.06 per cent, while the NSE Nifty 50 closed at 26,027.30, declining 19.65 points or 0.08 per cent.

Top 3 price-volume breakout stocks:

Geojit Financial Services Ltd: Geojit Financial Services Ltd moved higher during the session with active participation. The stock is currently trading at Rs 76.2 compared with the previous close of Rs 69.92, showing a gain of 8.98 per cent. Trading volume stood at about 9.64 crore shares, indicating increased activity. Returns from the 52-week low are at 25.47 per cent, while the price remains below the 52-week high of Rs 126.72, reflecting recovery within the broader range.

Refex Industries Ltd: Refex Industries Ltd saw a sharp price move with strong volumes. The stock is currently trading at Rs 299 versus a previous close of Rs 254.9, up 17.30 per cent. Volumes rose to around 4.20 crore shares, highlighting heightened participation. Returns from the 52-week low stand at 39.01 per cent, with the stock still below its 52-week high of Rs 535, indicating a move away from lower levels.

Shakti Pumps (India) Ltd: Shakti Pumps (India) Ltd recorded a notable up move during the day. The stock is currently trading at Rs 759.2, compared with the previous close of Rs 650.15, marking a rise of 16.77 per cent. Trading volume was approximately 3.42 crore shares, pointing to increased turnover. Returns from the 52-week low are at 38.43 per cent, while the price remains under the 52-week high of Rs 1,387, showing a rebound within the long-term range.

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

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