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

Brigade Enterprises, Varun Beverages and NLC India have witnessed 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 i the last leg of the trade along with price rise.

Brigade Enterprises: The stock was up nearly 6% on a volatile day on Tuesday. Towards the end, it recorded good volume and jumped nearly 2%. The daily volume was nearly 3-fold the previous day’s volume and also rose for the third consecutive day. It has formed 6 consecutive bullish bars on the technical chart, and such positivity is likely to reflect in upcoming days as well.  

Varun Beverages: The stock soared 5.84% on Tuesday. It traded higher as the day progressed and jumped over 2% in the last 75 minutes. Nearly 50% of the total day’s volume was recorded during this period. The stock closed at an all-time high and is expected to trade even higher in times to come.

NLC India: The scrip rose by 5.20% in Tuesday’s trading session. It closed above its short-term resistance level with above-average volume. In the last hour, the stock bounced over 2% and strong buying interest was seen. It closed at a day’s high and is likely to be on the trader's radar in the upcoming trading sessions.