These stocks are depicting price volume breakout

resr 5paisa Research Team

Last Updated: 13th December 2022 - 12:54 am

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On a closing basis, the Nifty 50 is consolidating in a narrow band of 150 points with a negative bias. Nevertheless, some spaces appear strong. Continue reading to learn about stocks that are experiencing a price volume breakout.

Despite earlier worries about unimpressive manufacturing activity figures that emphasised worries that the Federal Reserve's monetary tightening would likely cause a slowdown, US stocks ended Friday's trading session higher.

On a weekly basis, Dow fell 1.3%, while S&P 500 and Nasdaq tumbled 2.2% and 4.1%, respectively. The yield on the 10-year US Treasury note slumped over seven basis points to 2.901%, the lowest since May 31.

In June, just ahead of the European Central Bank's first rate hike in 11 years, inflation hit a record high. As opposed to 8.1% in the same month last year, its headline inflation rate in May 2022 was 8.6% YoY.

At the time of writing, the Nifty 50 was down 16.25 points (0.1%) to 15,735.80. In the short term, 15,450 would be a good support level, while 15,850 would be a strong resistance level.

The following is a list of stocks that are exhibiting a price volume breakout. However, trading with an appropriate stop loss is recommended.

Stock Name 

Current Market Price (Rs) 

Change (%) 

Volume 

Pokarna Ltd. 

452.5 

6.4 

3,77,342 

Linde India Ltd. 

3418.4 

5.7 

1,30,790 

Jubilant Ingrevia Ltd. 

501.9 

5.1 

3,41,074 

Oberoi Realty Ltd

773.9 

4.3 

4,12,496 

Gujarat Gas Ltd. 

440.2 

4.2 

24,44,110 

Angel One Ltd. 

1261.6 

4.2 

5,52,541 

Star Health & Allied Insurance Company Ltd. 

493.5 

4.1 

9,45,225 

Maharashtra Seamless Ltd. 

658.0 

3.8 

1,09,703 

Indusind Bank Ltd. 

833.8 

3.3 

28,61,827 

Trent Ltd. 

1108.4 

3.2 

2,70,843 

Hindustan Aeronautics Ltd

1792.3 

3.2 

3,36,002 

Siemens Ltd. 

2481.4 

3.1 

1,72,639 

Escorts Ltd

1509.9 

3.0 

4,47,128 

Radico Khaitan Ltd. 

899.1 

2.9 

3,62,495 

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