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

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

Top 3 price-volume breakout stocks

Indian equity benchmark indices ended lower for the third consecutive session on Wednesday as media, realty and consumer durables stocks weighed on market sentiment.

Around 3:30 PM, the BSE Sensex closed at 84,559.65, down 120.21 points or 0.14 per cent, while the NSE Nifty50 settled at 25,818.55, lower by 41.55 points or 0.16 per cent.

Top 3 price-volume breakout stocks:

Meesho Ltd traded with a strong volume spike at nearly 18.10 crore shares. The stock is currently trading at Rs 216.34, up from the previous close of Rs 180.29. The price has moved 20 per cent higher, and returns from the 52-week low stand at 40.58 per cent. The stock also touched its 52-week high of Rs 216.34. The move reflects price and volume breakout with active participation.

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Aequs Ltd recorded trading volume of about 11.05 crore shares. It is currently trading at Rs 158.8 against the previous close of Rs 139.99. The price gained 13.44 per cent for the day, and returns from the 52-week low are at 17.28 per cent. The price approached its 52-week high of Rs 164.39. The move shows a price and volume breakout supported by a volume spike.

Roto Pumps Ltd witnessed trading volume of around 7.20 crore shares. The stock is currently trading at Rs 70.65, compared to the previous close of Rs 62.28. The price rose 13.44 per cent, and returns from the 52-week low are 25.60 per cent. The stock stayed below the 52-week high of Rs 109.5. The price and volume breakout came along with a noticeable volume jump.

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

Sr.

Stock Name

%Chg

Price

Volume

1

Meesho Ltd

20.00

216.34

18,10,00,000

2

Aequs Ltd

13.44

158.80

11,00,00,000

3

Roto Pumps Ltd

13.17

70.48

719,71,678

4

Indraprastha Gas Limited

5.08

192.74

363,10,150

5

Patel Engineering Ltd

5.71

30.75

270,76,780

6

Apex Frozen Foods Ltd

15.81

304.40

167,24,017

7

Denta Water and Infra Solutions Ltd

10.57

346.90

130,14,607

8

India Cements Ltd

7.88

441.05

54,22,713

9

Shringar House of Mangalsutra Ltd

5.04

209.80

44,99,954

10

Dishman Carbogen Amcis Ltd

14.89

264.95

21,26,238

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