These stocks witness a 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: May 11, 2023 - 05:47 pm 689 Views
Listen icon

Teamlease Services Ltd, Solara Active Pharma Sciences Ltd and KEI Industries Ltd witnessed a volume burst in the last 75 minutes of the trade.       

As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in terms of price & 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 the trade along with price rise, it is considered a 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 to medium-term. 

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

Teamlease Services Ltd: (NSE Symbol: TEAMLEASE) The stock surged 9.59% on Thursday. Interestingly, volume stood above average and greater than the 100-day average volume. Nearly 3.2 lakh shares were traded on Thursday which is more than 300% as compared to last 5 days volume. The stock engulfed last 1 months move and registered a breakout of trend reversal price pattern on ultra short-term charts. Thus, it is expected to remain positive in the upcoming days.     

Solara Active Pharma Sciences Ltd: (NSE Symbol: SOLARA) The scrip traded positively throughout the day and gained 8.50%. In the afternoon session, it jumped nearly 5% with strong volumes. Around 9.5 lakh shares traded today and about 60% of the total daily volume was recorded during this period. The stock registered a breakout of inverted head and shoulder price pattern on daily charts, which makes it attractive. Given such positivity, it is expected to be on traders’ radar for times to come.  

KEI Industries Ltd: (NSE Symbol: KEI) The stock soared about 4.82% during the day. Strong buying emerged from the morning session where nearly 2.76 lakh shares were traded and around 50% of this volume was recorded in the second half of the day. It formed a strong bullish candlestick pattern Bullish Engulfing on daily charts. The stock closed just below the life time high with bullish candlestick pattern followed by above-average volumes, it is likely to be in focus for upcoming days.

Share Market Today

How do you rate this article?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage


About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Marinetrans India IPO lists 15.38% higher and hits upper circuit

Premium listing for Marinetrans India IPO, then upper circuit

Net Avenue Technologies IPO lists 133.33% up but later hits -5% circuit

Strong listing for Net Avenue Technologies IPO, then lower circuit

What you must know about India Shelter Finance IPO?

India Shelter Finance Corporation Ltd was incorporated in 1998 and offers small and mid-ticket home loans. These loans are typically in the size of ₹5 lakhs to ₹50 lakhs. It provides home loans for construction, purchase, extension and also for renovation.