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

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

by 5paisa Research Team Last Updated: 2022-03-08T16:21:19+05:30

Atul Limited, Bayer Cropscience, and Birla Corporation 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.

Atul Limited: The stock jumped about 5.88% today and closed nearly at the day’s high. Right from the start, the stock continued to gain momentum and traded positively throughout the day. Moreover, the volume build up as the day progressed. In the last hour of the session, the stock recorded about 50% of the total day’s volume. With such positivity, the stock is expected to be trading higher in the near term.

Bayer Cropscience: The stock traded flat to positive for most of the day. However, the last 75 minutes saw a surge of over 1%. During this period, the stock recorded about 85% of the total volume. In the end, the stock gained about 1.31%. On the daily timeframe, it recorded about twice the previous day’s volume. With such active trading, this stock is expected to be traded heavily in times to come.

Birla Corporation: The stock surged over 3.5% on Tuesday. It was traded actively in the last hour where it shot up nearly 6%. Moreover, the stock recorded above higher-than-average volume, indicating larger participation. Such heavy volume can be attributed to institutional activity. Thus, the stock is expected to move higher in the upcoming days.


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