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

Indian equity markets ended Tuesday, December 30, on a flat note amid muted global cues and thin year-end trading, which kept investor sentiment subdued. Concerns over continued foreign fund outflows and the lack of near-term triggers weighed on market momentum, leading to cautious participation across sectors.

At the closing bell, the Nifty 50 slipped marginally by 3.25 points, or 0.01 per cent, to settle at 25,938.85, while the Sensex declined 20.46 points, or 0.02 per cent, to close at 84,675.08. The Nifty formed a doji candle on the daily chart, indicating indecision among investors, and extended its losing streak to the fourth consecutive trading session.

Top 3 price-volume breakout stocks:

KPI Green Energy Ltd: KPI Green Energy Ltd is currently trading at Rs 485. The stock saw Returns of 17.82 per cent in the session, supported by a price and volume breakout. Trading volume stood at around 3.58 crore shares, indicating higher participation compared to recent days. The price moved above its recent trading range, showing strength on the back of volume expansion, while remaining well below its 52-week high.

Excelsoft Technologies Ltd: Excelsoft Technologies Ltd is currently trading at Rs 94.34. The stock recorded Returns of 9.21 per cent for the day, along with a price and volume breakout. Trading activity increased with volume of about 3.19 crore shares. The rise in price was accompanied by a clear volume spike, suggesting active trading interest around current levels, though the stock is still far from its 52-week high.

Orient Technologies Ltd: Orient Technologies Ltd is currently trading at Rs 397.05. The stock delivered Returns of 19.99 per cent during the session and showed a price and volume breakout. Trading volume was approximately 2.82 crore shares, higher than usual. The sharp move in price along with increased volume reflects strong momentum for the day, while the stock continues to trade below its 52-week high.

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

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