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

India’s benchmark equity indices closed higher on Tuesday after a volatile session, buoyed by improved investor sentiment following the announcement of the bilateral trade deal between India and the European Union (EU).

The trade agreement is expected to significantly boost commerce between the two regions. Under the deal, tariffs on 96.6 per cent of EU goods exports to India will be eliminated or reduced, which is anticipated to double EU goods exports to India by 2032. In return, the EU will eliminate or reduce tariffs on 99.5 per cent of goods imported from India.

At market close, the Nifty 50 ended 0.51 per cent or 126.75 points up at 25,175.40, while the BSE Sensex gained 0.39 per cent or 319.78 points to finish at 81,857.48.

Top 3 price-volume breakout stocks:

Bank-ltd-190003">Karur Vysya Bank Ltd: Karur Vysya Bank Ltd hit a high of Rs 298.95 and is currently trading at Rs 291.5, higher than the previous close of Rs 265.5, showing a 9.79 per cent move. The traded volume was 5.56 crore shares. The stock is near its 52-week high of Rs 298.95 and has recorded returns of 88.53 per cent from its 52-week low. The move happened with price volume breakout and a volume spike.

DCB Bank Ltd: DCB Bank Ltd recorded a high of Rs 202 and is currently trading at Rs 199.94 versus the previous close of Rs 182.9, showing a 9.32 per cent change. The traded volume was 1.92 crore shares. The stock is near its 52-week high of Rs 202 and has delivered returns of 97.16 per cent from its 52-week low. The move took place with price volume breakout and a volume spike.

Kitex Garments Ltd: Kitex Garments Ltd made a high of Rs 185 and is currently trading at Rs 182 compared to the previous close of Rs 163.68, reflecting a 11.19 per cent move. The traded volume was 96.01 lakh shares. The 52-week high stands at Rs 324.42 and the stock has posted returns of 31.69 per cent from its 52-week low. The move was accompanied by a price volume breakout and a volume spike.

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

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