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

Bosch Ltd, IDFC and Naukri have witnessed volume burst in the last 75-minutes of the trade.

As the saying goes, the first and the last hour of each trading session is the most important and active in terms of price and 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 trade along with price rise it is said to be the 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-medium term.

So, based on this principle we have shortlisted three stocks, which have witnessed volume burst in the last leg of trade along with price rise.

Bosch Ltd: The stock rose as much as 3% in the trading session that ended Tuesday. Bosch is going strong for a few trading sessions and the technical parameters suggests that the momentum is likely to continue. The stock gained around 2% in the final hour after correcting initially. It is important to note that good volume was observed in the final hour showing active participation from market players. We suggest you keep this stock on your radar.

IDFC: IDFC, too, surged a healthy 3% on Tuesday. What’s interesting about the stock is that it witnessed a massive volume spike in the last hour of Tuesday. As much as 70% of total volume was seen in the last one hour. Moreover, the stock is nearing its resistance and thus can have a possible breakout. Traders should closely watch this stock for quick profits.

Naukri: Naukri gained a healthy 1% on Tuesday nearly outperforming the indices. It traded flat to mild-negative throughout the day except for the last 75-minutes. More than half of today’s volume came in the last trading hour. The stock is in the consolidation zone for the past few days and is ready for a breakout. Market participants should keep a close watch on this stock.