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 Last Updated: Nov 15, 2021, 05:18 PM IST

Delta Corp, Fine Organics Industries, and GlaxoSmithKline Pharmaceuticals Limited 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.

Delta Corp: Delta Corp ended 2% in Monday's trading session. The stock traded flat to negative throughout the day barring the last 75 minutes. The stock rose 2.15% in the last hour with huge volume as 62% of the total volume was traded in the last 75 minutes. The stock has closed at a record high and will look to continue its upward journey. This stock must be included in the watchlist for the coming days.

Fine Organics Industries:  Fine Organics rose a massive 13.72% on Monday. The stock traded firmly in green all day. Major activity was seen in the latter half of the trading session. NBFC stock gained 3.58% in the trading session that ended Friday. The stock is going strong for the last few days and closed at its record high. The highest volume was recorded today after many months and certainly one can expect a lot of trading activity in this stock in the coming trading sessions.

GlaxoSmithKline Pharmaceuticals Limited: The stock surged 2.57% on Monday closing near its resistance level of 1680. The stock traded firmly in the green, and volumes kept on rising as the session progressed. Bulls looked interested in the stock as it kept on rising. The last 75 minutes witnessed good volumes and this stock will be quite active for times to come. It is currently trading near a stiff resistance level of 1680, and we could possibly see a newer high.

SENSEX
54,326.39
1,534.16 (2.91%)
Nifty 50
16,266.15
456.75 (2.89%)
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34,276.40
960.75 (2.88%)
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SENSEX
54,326.39
1,534.16 (2.91%)
Nifty 50
16,266.15
456.75 (2.89%)
Nifty Bank
34,276.40
960.75 (2.88%)

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