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

Indian stock markets ended lower on Monday amid stock-specific pressure, with Reliance Industries (RIL), ICICI Bank and HDFC Bank emerging as the biggest drags after announcing their Q3 results. Investors also remained cautious due to global sentiment, after US President Donald Trump threatened to impose Taxes on several European countries following their opposition to his bid to acquire Greenland.

At the close, the BSE Sensex stood at 83,246.18, down 324.17 points or 0.39 per cent, while the NSE Nifty50 settled at 25,585.5, lower by 108.85 points or 0.42 per cent.

Top 3 price-volume breakout stocks:

Jindal SAW Ltd saw traded volume of about 12.25 crore shares. The stock is currently trading at Rs 178.58, up from its previous close of Rs 154.64, which is a change of 15.48 per cent. The day high was Rs 183.4 and the 52-week high stands at Rs 286.4. Market cap is Rs 11407.94 crore. Returns from the 52-week low are 16.72 per cent. Price volume breakout and volume spike were noted. The move came with higher volume and the stock held above the previous close.

Baazar Style Retail Ltd recorded traded volume of about 2.65 crore shares. It is currently trading at Rs 332.9 compared to the previous close of Rs 287.6, showing a change of 15.75 per cent. The day high was Rs 339.7 and the 52-week high is Rs 392. Market cap is Rs 2407.85 crore. Returns from the 52-week low are 83.92 per cent. Price volume breakout and volume spike were observed. The stock stayed above the previous close with higher traded volume.

CG Power and Industrial Solutions Ltd saw traded volume of about 1.73 crore shares. The stock is currently trading at Rs 587.85 versus the previous close of Rs 561.7, a change of 4.66 per cent. The day high was Rs 607 and the 52-week high is Rs 797.55. Market cap is Rs 90351.88 crore. Returns from the 52-week low are 13.55 per cent. Price volume breakout and volume spike were mentioned. The stock remained above the previous close with higher traded volume.

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

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