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.
Pudumjee Paper Products Ltd showed a significant price movement today, reaching a high of Rs 96.5 with a traded volume of 4,753,566 shares. The stock is currently trading at Rs 94.95, up from the previous close of Rs 85.6, marking a notable percent change of 10.92%. This places the stock near its 52-week high of Rs 97.35. The market cap stands at Rs 903.81 crore. The volume spike and price volume breakout suggest strong interest in the stock, with the RSI at 67.09 indicating a robust bullish sentiment. The stock is nearing its 52-week high, signaling potential for further gains.
Orient Green Power Company Ltd experienced a price volume breakout today, achieving a high of Rs 20.85 with a traded volume of 3,376,067 shares. It is currently trading at Rs 20.85, a rise from the previous close of Rs 19.9, reflecting a percent change of 4.77%. The stock’s 52-week high is Rs 34.45, with a market cap of Rs 2,049.75 crore. The significant volume spike and a current RSI of 53.95 suggest that the stock is likely to bounce from current levels, indicating a recovery trend.
Bharat Road Network Ltd saw a notable price volume breakout today, hitting a high of Rs 64.25 with a traded volume of 186,351 shares. The stock is currently trading at Rs 64.25, up from its previous close of Rs 61.2, showing a percent change of 4.98%. The stock’s 52-week high is Rs 98.5, with a market cap of Rs 531.62 crore. The volume spike and price volume breakout indicate a strong bullish trend, with the RSI at 64.45 suggesting that the stock is bouncing from its bottom and breaking all resistances.
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.
Published on: May 17, 2024, 5:21 PM IST
We're Live on WhatsApp! Join our channel for market insights & updates