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

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

Top 3 price-volume breakout stocks

Indian equity market indices closed lower for the third consecutive session on Wednesday, as heightened geopolitical tensions kept investors on edge and selling pressure in automobile and oil marketing company stocks weighed on overall sentiment.

At the close of trade, the BSE Sensex settled at 84,961.14, down 102.20 points or 0.12 per cent. The NSE Nifty50 ended at 26,140.75, declining 37.95 points or 0.14 per cent. Market breadth remained cautious, with selective buying seen only in a few heavyweight stocks.

Top 3 price-volume breakout stocks:

Tribhovandas Bhimji Zaveri Ltd: Tribhovandas Bhimji Zaveri Ltd moved higher during the session with the price currently trading at Rs 185.71, compared with the previous close of Rs 162.17, reflecting a gain of 14.52 per cent. The stock recorded a high of Rs 190.37. Trading volume stood at around 2.92 crore shares, indicating strong participation. The move was supported by a price–volume breakout along with a visible volume spike. From its 52-week low, the stock has delivered returns of 19.81 per cent, while the 52-week high stands at Rs 258.73. The market capitalisation is about Rs 1,251.89 crore.

Senco Gold Ltd: Senco Gold Ltd saw steady buying interest, with the stock currently trading at Rs 361.6, up from the previous close of Rs 323.35, marking a rise of 11.83 per cent. The day’s high was Rs 371.3. The stock witnessed heavy activity with traded volume of nearly 2.91 crore shares, pointing to a clear volume spike alongside a price–volume breakout. Returns from the 52-week low stand at 59.01 per cent, while the 52-week high is placed at Rs 582.25. The company’s market capitalisation is around Rs 5,918.42 crore.

IPO-polished-for-growth-priced-for-belief-what-should-investors-do-id015-51120">Shanti Gold International Ltd: Shanti Gold International Ltd advanced during the session and is currently trading at Rs 217.7, compared with the previous close of Rs 191.86, registering a gain of 13.47 per cent. The stock touched a high of Rs 224.7. Trading volume was about 2.52 crore shares, showing increased activity and a volume spike along with a price–volume breakout. The stock has generated returns of 18.25 per cent from its 52-week low, while the 52-week high is Rs 274.1. The market capitalisation stands at approximately Rs 1,593.18 crore.

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

Sr.

Stock Name

%Chg

Price

Volume

1

Tribhovandas Bhimji Zaveri Ltd

15.39

187.13

292,02,512

2

Senco Gold Ltd

11.58

360.80

291,17,456

3

Shanti Gold International Ltd

14.78

220.22

252,44,168

4

Radhika Jeweltech Ltd

12.34

82.20

121,51,607

5

Elecon Engineering Company Ltd

8.04

517.85

121,48,545

6

AGI Infra Ltd

12.84

296.25

97,89,783

7

Rico Auto Industries Ltd

5.68

134.30

95,14,368

8

Tata Technologies Ltd

5.29

683.50

90,21,053

9

Vintage Coffee and Beverages Ltd

7.43

174.33

50,21,323

10

Saregama India Ltd

6.76

377.55

43,71,926

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