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

These stocks see huge volume burst in the last leg of the trading session!
by 5paisa Research Team 04/10/2021

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

Valiant Organics, GNFC, Navin Fluorine, Laxmi Organic has witnessed volume burst in the last 75-minutes of 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 four stocks, which have witnessed volume burst in the last leg of trade along with price rise.

Valiant Organics: The stock of Valiant Organics jumped nearly 7% and settled near the day’s high. However, the most striking fact is that the stock has witnessed a majority of the volume activity in the last 75-minutes of the trading session. Total traded volume for the trading session was nearly 1.57 lakh and 60% of the volume activity was seen in the last 75-minutes of trading. Furthermore, the price too witnessed a sharp spike in the last 75-minutes, which indicates that there was a lot of interest seen in the stock. Hence, market participants can keep a close on this stock.  

Gujarat Narmada Valley Fertilizers and Chemicals (GNFC): The stock hit a fresh 52-week high on Monday as it surged 7%. The stock witnessed volume burst in the last 75-minutes of trade along with price rise. The stock has witnessed nearly 45% volume of the day in the last 75-minutes of trade. Keep a watch on this stock. 

Navin Fluorine International: The stock has witnessed a faster retracement as it has retraced 78.6% of down-move which took almost five days in just two trading sessions. Furthermore, the stock has formed a higher-high and higher low as compared to its previous trading session bar. The stock has witnessed a price and volume spurt in the last 75-minutes of the trading session. A little over 50% of the volumes were recorded in the last 75-minutes. Considering the robust volume and price activity witnessed in the last 75-minutes of trade, don’t miss out on this stock.

Laxmi Organic Industries: The stock was locked at a 5% upper circuit limit on Monday. The stock had witnessed price rise along with volume burst in the last 75-minutes of the trading session. As 40% of the volume activity was seen in the last 75-minutes of the trading session, don’t turn a blind eye to this stock.

 

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