September 21, 2024

price volume breakout stocks, stocks with price volume breakout – stocks with price volume breakout


Mumbai – Nifty50 started trading on a bullish note in the first trading session of the month amid positive global cues. This analysis discusses some of the leading stocks that recorded a price volume breakout. The Nifty50 index of the national stock market closed at 17,359.75 on Friday. It remained at 17,427.95 in the Monday morning session. This was the response of the indices here to the bullishness of the international market. Major Wall Street indexes settled higher on Friday as the U.S. Federal Reserve cut interest rates by a smaller-than-expected hike in inflation.

The Nasdaq Composite gained 1.74%, the Dow Jones gained 1.26% and the S&P 500 gained 1.44% last week. Futures related to these indices, however, were trading at lower value levels in the morning session. On Monday, Asian market indices recorded mixed transactions. Apart from Hong Kong’s Hang Seng and South Korea’s Kospi, all other sectoral indices were trading higher.

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At 9:55 am on Monday, the Nifty50 index was trading at 17,370.30, up 10.55 points or 0.06%. While the broad market indices outperformed the leading indices. Nifty Mid-Cap 100 Index and Nifty Small-Cap 100 Index rose by 0.244% and 0.94% respectively.

While the major indices started the week somewhat flat, some stocks recorded price volume breakouts in the morning session. The list of such shares is as follows –
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share present value price increase Number of shares
PNB Housing Finance ५२५.५० २.४ ४,६८,९२३
Balrampur Chini Mills ४००.६० १.२ ५,९०,४८८
Axis Bank ८६०.५० ०.२ १९,८८,१६०
Sonata Software ८४५.९० १.२ ५,६०,३०९
Glenmark Pharmaceuticals ४७०.९० १.३ ४,२२,५६६



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