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: Dec 22, 2021, 04:15 PM IST

Alembic Limited, Aurobindo Pharma and Capri Global Capital 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.

Alembic Limited: The stock surged about 3%, outperforming the broader market. It traded flat the entire day and witnessed a splendid rally towards the end. In the last 75 minutes, the stock soared over 2.5% before receding a little. During this period, over 1.5 lakhs shares were traded which was about 62% of the total traded value. The stock can be even more heavily traded in coming days owing to rising volumes.

Aurobindo Pharma Limited:  The stock rose about 3.51% on Wednesday. The stock continued to gain points and stayed strong throughout the day. Moreover, the stock closed at day’s high. Rising volumes were recorded as the session progressed. With such strong price action, accompanied by rising volumes, we can expect the stock to be trading higher in coming days.

Capri Global Capital Limited: The stock surged over 13% on Wednesday’s trading session. Most of the rally came in the final one hour where it gained over 4% along with huge volumes. The volume of 6.8 lakhs recorded today has been the highest since June. Strong institutional activity is evident from such high volume and price action. Thus, we can expect some significant price action in this stock in days to come.

SENSEX
54,252.53
503.27 (0.94%)
Nifty 50
16,170.15
0.00 (0.00%)
Nifty Bank
35,094.90
0.00 (0.00%)
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SENSEX
54,252.53
503.27 (0.94%)
Nifty 50
16,170.15
0.00 (0.00%)
Nifty Bank
35,094.90
0.00 (0.00%)

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