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 markets posted their worst performance in a month on Thursday, extending losses for the fourth straight session as investor sentiment weakened sharply amid rising concerns over India–US trade tensions.

The sell-off intensified after reports indicated that the Donald Trump administration could consider imposing tariffs of up to 500 per cent on Indian goods. The possibility of steep duties led to broad-based risk aversion, with traders reducing exposure across sectors.

By the close, the Sensex settled at 84,180.96, down 780.18 points or 0.92 per cent, while the Nifty50 ended at 25,876.85, down 263.9 points or 1.01 per cent. The broader market underperformed, with the Nifty Midcap 100 falling 1.96 per cent and the Nifty Smallcap 100 declining 1.99 per cent.

Top 3 price-volume breakout stocks:

Panacea Biotec Ltd traded with volume of about 1.63 crore shares. The stock is currently trading at Rs 434.9, compared to a previous close of Rs 384.05, which results in a 13.24 per cent change. The stock made a high of Rs 448 during the day and has a market cap of Rs 2,646.78 crore. It has given 54.71 per cent returns from its 52-week low, while the 52-week high stands at Rs 581.9. The stock showed price volume breakout and volume spike during the session.

Balaji Amines Ltd recorded a trading volume of around 1.30 crore shares during the day. The stock is currently trading at Rs 1216, above the previous close of Rs 1070.5, reflecting a 13.59 per cent change. It hit an Intraday high of Rs 1253.1, with a market cap of Rs 3,957.21 crore. It has posted 14.11 per cent returns from its 52-week low against a 52-week high of Rs 1980. Price movement showed price volume breakout and volume spike.

DEE Development Engineers Ltd saw a volume of roughly 1.04 crore shares. The stock is currently trading at Rs 222.35, compared to a previous close of Rs 208.64, leading to a 6.57 per cent change. The stock touched a day high of Rs 236, and the market cap stands at Rs 1,540.07 crore. It has given 33.14 per cent returns from its 52-week low, with a 52-week high of Rs 336.2. The session recorded a price volume breakout along with a volume spike.

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

Sr.

Stock Name

%Chg

Price

Volume

1

Panacea Biotec Ltd

12.58

432.35

162,89,708

2

Balaji Amines Ltd

14.29

1223.50

130,04,249

3

DEE Development Engineers Ltd

7.98

225.28

103,92,046

4

Madras Fertilizers Ltd

6.35

83.07

60,28,568

5

Dredging Corporation of India Ltd

8.16

993.85

32,24,888

6

Eimco Elecon (India) Ltd

8.67

1765.70

22,88,509

7

Jindal Photo Limited

18.00

1539.30

9,05,348

 

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