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

On Tuesday, March 24, India’s benchmark indices, the Nifty 50 and the Sensex, ended in positive territory, surging by over 1.5 per cent. Indian equities joined a fragile global relief rally after U.S. President Donald Trump postponed the bombing of Iran's power grid, easing fears of a deeper energy shock.

The benchmark Nifty 50 opened with a strong gap-up of 365 points but pared some of its gains in the early session. However, buying momentum picked up in the second half, helping the index rebound sharply and close near the 22,900 mark.

At the close, the Nifty 50 rose by 399.75 points, or 1.78 per cent, to settle at 22,912.40. The Sensex advanced by 1,372.07 points, or 1.89 per cent, ending at 74,068.46. The Bank Nifty index jumped 2.27 per cent to close at 52,605.65, while the India VIX declined by 7.44 per cent, ending below the 25 level.

Top 3 price-volume breakout stocks:

BLS International Services Ltd witnessed a price-volume breakout with traded volume of around 8.36 crore shares. The stock is currently trading at Rs 253.45, rising 14.30 per cent from its previous close of Rs 221.75. It touched a high of Rs 264 during the session. The stock has delivered returns of 15.78 per cent from its 52-week low, indicating participation alongside the volume spike.

Sammaan Capital Ltd also recorded a price-volume breakout supported by traded volume of about 2.75 crore shares. The stock is currently trading at Rs 139.15, up 7.04 per cent compared to its previous close of Rs 130. It moved near its high of Rs 139.72 in today’s trade. The stock has delivered returns of 42.56 per cent from its 52-week low, reflecting continued upward movement with increased volumes.

Vishal Mega Mart Ltd saw a price-volume breakout with traded volume of nearly 2.71 crore shares. The stock is currently trading at Rs 107.5, gaining 7.85 per cent from its previous close of Rs 99.68. It touched an Intraday high of Rs 107.64. The stock has delivered returns of 11.63 per cent from its 52-week low, supported by steady volume activity.

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

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