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

Indian benchmark indices ended on a mixed note on Wednesday, June 10, with the Nifty 50 closing in the red while the Sensex managed marginal gains. The Nifty 50 opened on a flat note and moved higher during the session after Reliance Industries gained following Meta Platforms' announcement of its first AI-enabled data centre partnership in India. Reliance Industries rose as Meta said it would lease a data centre that the Mukesh Ambani-led company plans to build in the country.

The Nifty 50 climbed to an Intraday high of 23,425.35 but failed to hold on to its gains and slipped into negative territory by the close. The index settled at 23,214.95, down 27.15 points or 0.12 per cent. The Sensex, however, ended 64.42 points higher, or 0.09 per cent, at 73,983.18. Bank Nifty closed marginally lower, while India VIX remained largely unchanged.

Top 3 price-volume breakout stocks:

Genesys International Corporation Ltd: Genesys International Corporation Ltd witnessed a price-volume breakout with strong trading activity. The stock is currently trading at Rs 331.70, up 17.17 per cent from its previous close of Rs 283.10. During the session, it touched a high of Rs 335.65. Trading volume stood at 1.93 crore shares, indicating heightened market participation. The stock has delivered 67.48 per cent returns from its 52-week low, while its 52-week high stands at Rs 721.45.

Panama Petrochem Ltd: Panama Petrochem Ltd recorded a price-volume breakout accompanied by a volume spike. The stock is currently trading at Rs 372.90, gaining 5.98 per cent over its previous close of Rs 351.85. It touched a fresh 52-week high of Rs 408.85 during the session. Trading volume stood at 1.38 crore shares, reflecting increased activity. The stock has generated 62.84 per cent returns from its 52-week low.

Narmada Agrobase Ltd: Narmada Agrobase Ltd saw a price-volume breakout with a sharp rise in trading volumes. The stock is currently trading at Rs 43.05, up 13.98 per cent from its previous close of Rs 37.77, after hitting a high of Rs 45.17, which is also its 52-week high. Trading volume reached 91.30 lakh shares, indicating strong investor participation. The stock has delivered 175.96 per cent returns from its 52-week low, reflecting multibagger returns over the period.

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

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