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: Feb 27, 2023 - 04:14 pm 789 Views
Listen icon

Hitachi Energy India, TTML and Quess Corp 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 in the last leg of the trade along with price rise.

Cera Sanitaryware: The stock of CERA soared 4.24% despite weakness in the market. Most of the gains were recorded in the latter stages of the session when the stock recorded huge volumes. These volumes were greater than 30-day average volume. It has formed a strong bullish candle and is likely to see an uptrend from here on.

Sobha Ltd: The scrip witnessed strong buying activity towards the end as it surged nearly 5% from day’s low.  The stock recorded rising volumes for third consecutive day which indicates active participation from the traders. It moved above its prior swing high levels and shows relatively strong strength. With such positive price action and volume, it is likely to trend higher in times to come.

Chemplast Sanmar: The stock traded flat for most of the time but witnessed strong buying interest towards the end. In the last 75 minutes, the stock jumped over 7% and recorded massive volumes. After a steep fall from the past many days, the stock has finally witnessed strong buying action and looks to gain momentum. Amidst such bullishness, it is expected to be on traders’ radar in the coming days.

Share Market Today


How do you rate this article?

or

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

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

Disclaimer

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. Also, The
Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Graphisads IPO final subscription: 3.85x oversubscribed

About the Graphisads IPO Graphisads

Marinetrans India IPO oversubscribed 33 times in final subscription

About the Marinetrans India IPO Mar

India's Stock Market Achieves $4 Trillion Valuation for the First Time

India's stock market, now the world's fifth-largest, is on the verge of hitting a historic $4 trillion valuation. Since the low point during the pandemic in March 2020, the market capitalization of listed securities has tripled.