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

The benchmark equity indices, Sensex and Nifty 50, ended Wednesday, April 15, on a strong note, surging over 1.5 per cent amid easing crude oil prices and rising expectations of a resumption in U.S.–Iran peace negotiations. The positive global cues lifted investor sentiment across the board.

The Nifty volatility index declined to 18.67 from 20.5 recorded on Monday, signalling reduced market uncertainty. Heavyweight stocks supported the rally, with HDFC Bank and Reliance Industries gaining 1.91 per cent and 2.21 per cent, respectively.

The Nifty 50 opened with a gap-up of 321 points and sustained momentum throughout the session, eventually closing above its 50-DEMA. By the end of the day, the index rose 388.65 points, or 1.63 per cent, to settle at 24,231.30, holding firmly above the 24,200 mark. The Sensex advanced 1,263.67 points, or 1.64 per cent, to close at 78,111.24. Meanwhile, the Bank Nifty underperformed the frontline indices, rising 1.25 per cent to settle at 56,301.95.

Top 3 price-volume breakout stocks:

Suzlon Energy Ltd saw a price–volume breakout with traded volume of around 21.55 crore shares. The stock is currently trading at Rs 49 compared to the previous close of Rs 45.86, reflecting a rise of 6.85 per cent. The move is supported by volume spike, while returns from the 52-week low stand at 28.31 per cent, indicating participation at higher levels during the session.

Billionbrains Garage Ventures Ltd recorded a price–volume breakout with volume of about 13.10 crore shares. The stock is currently trading at Rs 208.25 against the previous close of Rs 194.71, up 6.95 per cent. It is near its 52-week high of Rs 212.9, with returns from the 52-week low at 85.94 per cent, showing sustained upward movement backed by strong volume.

Railtel Corporation of India Ltd witnessed a price–volume breakout with traded volume of nearly 6.95 crore shares. The stock is currently trading at Rs 332.5 compared to the previous close of Rs 284.38, marking a gain of 16.92 per cent. Returns from the 52-week low are at 35.71 per cent, with the session reflecting increased activity alongside price movement.

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

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