Top 3 stocks trading below Rs 100

During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action.

Here’s an in-depth look.

Yes Bank Ltd

Yes Bank Ltd is showing strong momentum today, currently trading at Rs 26.67, up 11.36% from its previous close of Rs 23.95. The stock has a high of Rs 27.04, with a significant volume spike of 98.47 crore shares traded. With a market cap of Rs 83,446.86 crore, the stock has exhibited a remarkable 69.87% return from its 52-week low, highlighting its robust performance. The recent price and volume breakout, along with the resistance breakout, suggests strong bullish sentiment. Additionally, the RSI stands at 75.25, indicating the stock might be overbought.

One Point One Solutions Ltd

One Point One Solutions Ltd has reached a new 52-week high, currently trading at Rs 75, up 6.23% from its previous close of Rs 70.6. The stock peaked at Rs 77.2 today, with a traded volume of 1.63 crore shares. With a market cap of Rs 1,601.91 crore, the stock has delivered multibagger returns of 262.32% from its 52-week low, signifying an extraordinary performance. The price and volume breakout, along with the 52-week high breakout, reinforces the bullish outlook. The RSI is at 79.51, suggesting the stock is in overbought territory.

JM Financial Ltd

JM Financial Ltd is demonstrating a positive trend, currently trading at Rs 98.69, an increase of 7.55% from its previous close of Rs 91.76. The stock reached a high of Rs 99.75, with a volume spike of 95.57 lakh shares traded. With a market cap of Rs 9,365.13 crore, the stock has achieved a 43.03% return from its 52-week low. The price and volume breakout, along with the resistance breakout, indicates a strong upward movement. The RSI is at 75.45, suggesting that the stock may be overbought in the short term.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.