These stocks are depicting price volume breakout
Last Updated: 13th December 2022 - 12:54 am
On a closing basis, the Nifty 50 is consolidating in a narrow band of 150 points with a negative bias. Nevertheless, some spaces appear strong. Continue reading to learn about stocks that are experiencing a price volume breakout.
Despite earlier worries about unimpressive manufacturing activity figures that emphasised worries that the Federal Reserve's monetary tightening would likely cause a slowdown, US stocks ended Friday's trading session higher.
On a weekly basis, Dow fell 1.3%, while S&P 500 and Nasdaq tumbled 2.2% and 4.1%, respectively. The yield on the 10-year US Treasury note slumped over seven basis points to 2.901%, the lowest since May 31.
In June, just ahead of the European Central Bank's first rate hike in 11 years, inflation hit a record high. As opposed to 8.1% in the same month last year, its headline inflation rate in May 2022 was 8.6% YoY.
At the time of writing, the Nifty 50 was down 16.25 points (0.1%) to 15,735.80. In the short term, 15,450 would be a good support level, while 15,850 would be a strong resistance level.
The following is a list of stocks that are exhibiting a price volume breakout. However, trading with an appropriate stop loss is recommended.
Stock Name |
Current Market Price (Rs) |
Change (%) |
Volume |
452.5 |
6.4 |
3,77,342 |
|
3418.4 |
5.7 |
1,30,790 |
|
501.9 |
5.1 |
3,41,074 |
|
773.9 |
4.3 |
4,12,496 |
|
Gujarat Gas Ltd. |
440.2 |
4.2 |
24,44,110 |
1261.6 |
4.2 |
5,52,541 |
|
493.5 |
4.1 |
9,45,225 |
|
658.0 |
3.8 |
1,09,703 |
|
833.8 |
3.3 |
28,61,827 |
|
1108.4 |
3.2 |
2,70,843 |
|
1792.3 |
3.2 |
3,36,002 |
|
2481.4 |
3.1 |
1,72,639 |
|
1509.9 |
3.0 |
4,47,128 |
|
899.1 |
2.9 |
3,62,495 |
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5paisa Research Team
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