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

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

by 5paisa Research Team Last Updated: May 16, 2023 - 04:32 pm 132 Views

Lemon Tree Hotels Ltd, Elgi Equipment Ltd and Bharat Dynamics 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. 

Lemon Tree Hotels Ltd: The stock rallied 4.66% today from its support zone of 5 DMA with notable volumes in last 75 minutes. It jumped nearly 2% in last 75 minutes only and more than 60% volume of the day traded in same period. Today’s volume was one of the highest volumes compared to last 10 days. Stock registered a breakout from consolidation of last 5 trading session and this breakout of continuation price pattern makes it attractive for the upcoming days.

Elgi Equipment Ltd:  Stock surged more than 4%, it traded positive and closed around the day’s high. In the last 75 minutes, it jumped nearly 2% and recorded good volumes nearly 1 million. More than 70% of the total daily volume was recorded during this period. Interestingly, stock is on the verge of technical breakout and today it closed just below the trendline of this breakout makes it an ideal candidate for trading. Given such positivity, the stock is expected to be on traders’ radar for times to come.

Bharat Dynamics Ltd: The stock soared about 3.58% during the day. Strong buying emerged from the morning session and more than 1 million shares traded today in which more than 60% volume of the day was recorded in the last 75 minutes of the day. Stock is in medium term uptrend and after the consolidation of last 6 day’s it rallied from just above the 26 DMA. Follow up buying may witness in next few sessions as it registered a breakout of trend reversal price pattern on short term charts, thus it is likely to be in focus for the next few days. Investors looking for opportunity in defence sector can add this stock to watchlist.  

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
Account belongs to

By proceeding, you agree to the T&C.

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number