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

Indian equity benchmarks ended Wednesday, February 18, on a positive note, recovering from Intraday lows amid buying support and easing volatility. The Nifty 50 slipped below its 50-DEMA after a firm start, while the BSE Sensex fell to an intraday low of 83,163. However, markets rebounded sharply in the second half, with the Nifty gaining nearly 180 points from the day’s bottom and the Sensex rising about 570 points. Volatility eased as the India VIX dropped more than 3.5 per cent during the session.

At close, the Nifty 50 advanced 93.95 points, or 0.37 per cent, to 25,819.35, while the Sensex rose 283.29 points, or 0.34 per cent, to 83,734.25. Both benchmark indices extended gains for the third consecutive trading session. The Nifty Bank also ended in the green, gaining 0.62 per cent.

Top 3 price-volume breakout stocks:

Transformers and Rectifiers (India) Ltd traded with about 3.65 crore shares during the session. The stock is currently trading at Rs 299.2 compared to previous close Rs 274.03, up 9.19 per cent. Returns from 52-week low stand at 33.54 per cent. Price moved with higher volume indicating a price-volume breakout during the day.

Aeroflex Industries Ltd saw trading volume of about 2.44 crore shares. The stock is currently trading at Rs 224.2 versus previous close Rs 206.69, up 8.47 per cent. Returns from 52-week low are 51.48 per cent. The move happened along with volume expansion showing a breakout activity.

Edelweiss Financial Services Ltd recorded around 1.89 crore shares in traded volume. The stock is currently trading at Rs 127.2 compared with previous close Rs 121.5, up 4.69 per cent. Returns from 52-week low are 73.06 per cent. Price movement was accompanied by higher participation ndicating a volume-linked upward move.

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

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