September 21, 2024

With price volume breakout these are the significant stocks of the weekend – stocks with price volume breakout


Mumbai – The Nifty50 index as well as other major Asian indices opened the week at lows on Thursday’s disappointing US stock market trade. In this analysis we will discuss a list of some of the leading stocks that have experienced price volume breakouts.

The Nifty50 of the national stock market opened Friday’s session at 17,796.80 on cue from Asian markets. Trading on Wall Street opened on a negative note after the overnight session on Thursday. Major Wall Street indices ended lower as bond yields rose further on the prospect of an interest rate hike by the US Federal Reserve next week.

US two-year Treasury note yields jumped for a sixth consecutive trading session on Thursday. The two-year interest rate rose 8.9 basis points to 3.87%, the highest level since October 2007. The US 10-year Treasury yield rose 4.7 basis points to 3.46%.

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The Nifty50 index was trading down 186.45 points (1.04%) at 17,690.95 in the morning session. Other major indices outperformed the index under discussion. While the Nifty Mid-Cap 100 Index fell 0.89% and the Nifty Small-Cap 100 Index fell 0.83%.

Foreign and local investors turned out to be net sellers on September 15, according to preliminary data. Foreign institutional investors sold shares worth Rs 1,270.68 crore. While domestic investors sold shares worth Rs 928.86 crore.

Following is a list of some of the stocks that witnessed a price volume breakout on Friday. Investors should keep an eye on trades for the coming week –
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share true value Price changes transaction number
Mazgaon Dock Shipbuilders ४५२.०० ८.०० ४६,०४,९५५
IndusInd Bank १,२३२.४० ३.१० ४४,८८,८०५
Tata Steel Long Products ७४७.६० १४.७० १४,५०,६४३
Cochin Shipyard ३९९.६० ६.३० १६,०६,६७९
Garden Rich Shipbuilders & Engineers ३६५.०० ७.२० १४,४६,१६८



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