NEWS AFFAIRS 7 : WHERE EVERY STORY HAS IT'S AFFAIR!
Last updated on August 31st, 2024 at 12:05 am
Top 3 price-volume breakout stocks
Firstsource Solutions Ltd is currently trading at ₹307.75, up 5.97% from its previous close of ₹290.4. The stock hit a new 52-week high of ₹325 during the day, with a trading volume of about 3.86 crore shares. It has delivered impressive returns of 111.37% from its 52-week low, showing strong performance over the past year. The Relative Strength Index (RSI) is at 69.62, indicating bullish momentum. The stock’s recent price-volume breakout, volume spike, and 52-week high suggest that it may continue to rise.
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Kitex Garments Ltd is currently trading at ₹321.55, up 12.35% from its previous close of ₹286.2. The stock reached a new 52-week high of ₹339.1 with a robust trading volume of about 1.38 crore shares. It has delivered a return of 82.49% from its 52-week low, showing strong performance but not as high as multibagger returns. The Relative Strength Index (RSI) is at 77.84, indicating that the stock may be overbought. Despite this, the stock’s recent price-volume breakout, volume spike, and 52-week high suggest it may continue to perform well.
Pasupati Acrylon Ltd is currently trading at ₹48.97, up 16.04% from its previous close of ₹42.2. The stock is close to its 52-week high of ₹51.3 and has a trading volume of around 1.37 crore shares. It has gained 74.89% from its 52-week low, reflecting strong recovery and growth. The Relative Strength Index (RSI) is at 73.21, indicating a bullish trend. The recent price-volume breakout, volume spike, and proximity to the 52-week high suggest the potential for further gains.
The following is a list of stocks with a strong positive breakout:
| Sr. | Stock Name | Price | Volume |
|---|---|---|---|
| 1 | Firstsource Solutions Ltd | 307.7 | 3,85,75,796 |
| 2 | Kitex Garments Ltd | 323.82 | 1,37,72,058 |
| 3 | Pasupati Acrylon Ltd | 49.7 | 1,37,29,599 |
| 4 | Equitas Small Finance Bank Ltd | 82.5 | 1,22,86,266 |
| 5 | Patel Engineering Ltd | 54.67 | 1,21,65,027 |
| 6 | Paisalo Digital Ltd | 66.17 | 1,06,29,851 |
| 7 | Aditya Birla Capital Ltd | 216.09 | 1,05,88,004 |
| 8 | Birlasoft Ltd | 600.65 | 95,97,224 |
| 9 | RHI Magnesita India Ltd | 627.35 | 95,41,278 |
| 10 | DLF Ltd | 866.9 | 88,26,463 |
Disclaimer: This information is for educational purposes only and not investment advice. Always consult with a financial advisor before making any investment decisions.
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