These stocks see huge volume burst in the last leg of the trading session!

Volume Burst

by 5paisa Research Team Last Updated: May 25, 2022, 04:26 PM IST

ICICI Lombard General Insurance Company, NTPC, and Capri Global Capital have witnessed volume burst in the last 75 minutes of the trade.   

As the saying goes, the first and the last hour of each trading session is the most important and active in terms of price and volume. More so, the activity in the last hour is said to be of utmost importance because most of the pro traders and institutions are active at this time. Hence, when a stock sees a good spike in volume in the last leg of trade along with price rise it is said to be the pro and institutions have a keen interest in the stock. Market participants should keep a close watch on these stocks as they can witness good momentum in the short-medium term.     

So, based on this principle we have shortlisted three stocks, which have witnessed volume burst in the last leg of trade along with price rise.     

ICICI Lombard General Insurance Company: The stock surged about 3.09% on Wednesday and traded positive for the entire day. It witnessed amazing buying interest towards the end. In the last 75 minutes, the stock shot up over 1.25% and recorded a huge volume during the process. With such strong trading activity, the stock is expected to be trading higher in the coming days.    

NTPC: The stock has soared over3.91% on Wednesday. It gained momentum towards the latter stage and shot up over 1.50%. About 50% of the total day’s volume was recorded in the last hour of the trade. Moreover, the stock closed at a day’s high and is expected to be traded heavily in times to come.    

Capri Global Capital: The stock gained about 1.42%. It fell initially but gained strong buying interest and closed at a day’s high. The stock shot up over 2% in the last 75 minutes of the session and above-average volumes were recorded. With such positivity, the stock is expected to continue its bullish momentum for short period.   

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SENSEX
52,907.93
-111.01 (-0.21%)
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15,752.05
-28.20 (-0.18%)
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