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

India’s benchmark indices, the Nifty 50 and the Sensex, ended higher on Tuesday, April 7, marking their fourth consecutive session of gains. The rally was largely driven by buying in information technology stocks ahead of quarterly earnings, which helped offset concerns over escalating tensions in the Middle East ahead of a deadline for Iran to reach a deal.

The Nifty 50 opened about 130 points higher and sustained momentum through the session. After midday trade, the index advanced over 0.5 per cent and closed above the 23,100 mark. At the close, the Nifty 50 gained 155.40 points, or 0.68 per cent, to settle at 23,123.65. The Sensex jumped 509.73 points, or 0.69 per cent, to end at 74,616.58. Meanwhile, the Bank Nifty underperformed the frontline indices, rising 0.2 per cent to close at 52,716.25.

Top 3 price-volume breakout stocks:

Brainbees Solutions Ltd saw a price–volume breakout with traded volume of around 8.39 crore shares. The stock is currently trading at Rs 241.3 compared to the previous close of Rs 226.7, reflecting a gain of 6.44 per cent. It has delivered returns of 16.54 per cent from its 52-week low, indicating continued participation alongside the volume spike.

NMDC Steel Ltd recorded a volume of about 3.63 crore shares, signalling a price–volume breakout. The stock is currently trading at Rs 39.2 against the previous close of Rs 37.36, up 4.93 per cent. It has generated returns of 22.00 per cent from its 52-week low, supported by increased trading activity.

Gallantt Ispat Ltd witnessed a volume spike with traded volume of nearly 2.87 crore shares, indicating a price–volume breakout. The stock is currently trading at Rs 623.25 compared to Rs 564.6 in the previous session, rising 10.39 per cent. It has posted returns of 75.07 per cent from its 52-week low, showing strong movement backed by volume expansion.

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

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