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

On Tuesday, February 10, Indian benchmark indices ended on a mixed note as weakness in information technology stocks, following softer-than-expected U.S. retail sales and labour market data, offset a strong post-earnings rally in Eicher Motors and Apollo Hospitals.

After opening higher, the indices consolidated within a narrow range of 109 points. Volatility remained stable, with India VIX declining 1.1 per cent. The Nifty 50 crossed the 26,000 mark in early trade but failed to sustain momentum.

At the closing bell, the Nifty 50 edged up 18.70 points, or 0.07 per cent, to 25,953.85, marking its fourth consecutive session of gains. The Sensex slipped 40.28 points, or 0.05 per cent, to 84,233.64, snapping its three-day winning streak. The Nifty Bank index ended higher by 0.20 per cent.

Top 3 price-volume breakout stocks:

PCBL Chemical Ltd witnessed a price volume breakout with traded volume of 5.58 crore shares. The stock is currently trading at Rs 317.8 compared to previous close of Rs 293.85, up 8.15 per cent, after touching an Intraday high of Rs 327.6. Returns from 52 week low stand at 24.87 per cent, while the 52 Weeks High is Rs 444.15. The move is supported by higher Volume and steady price action.

TVS Supply Chain Solutions Ltd recorded traded volume of 4.80 crore shares, indicating strong participation during the session. The stock is currently trading at Rs 121.3 against previous close of Rs 107.86, gaining 12.46 per cent, with an intraday high of Rs 127.62. Returns from 52 Week Low are 31.62 per cent and the 52 Weeks High is Rs 156.25. The breakout is backed by increased Volume and sustained buying interest.

SJVN Ltd saw traded volume of 2.69 crore shares during the day. The stock is currently trading at Rs 77.95 compared to previous close of Rs 72.8, up 7.07 per cent, after hitting a high of Rs 78.46. Returns from 52 Week Low are 14.41 per cent, while the 52 Weeks High stands at Rs 107.5. The rise in price along with higher Volume indicates continued market activity in the counter.

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

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