Top Stocks to Buy: High Volume Breakout Stocks Today, June 27, 2024 :- For investors seeking high volume stocks to today, identifying breakout stocks can lead to substantial intraday gains. As market dynamics shift, finding the top stocks to buy becomes crucial for maximizing returns. For June 27, 2024, two Breakout candidates for your watchlist are Reliance Industries Ltd (NSE: RELIANCE) and Pidilite Industries Ltd (NSE: PIDILITIND). Both of these stocks exhibit strong potential for breakouts, making them prime targets for traders focused on intraday stocks today. Let's delve into the detailed analysis of these Stocks below.
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Reliance Industries Ltd (NSE: RELIANCE) Share Latest Chart Analysis
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| (NSE: RELIANCE) Chart Analysis |
- Current Market Price: ₹3028
- Breakout Level: ₹3038
- Chart Analysis Time Frame: Weekly
Intraday and Short Term Targets:
- Target 1: ₹3084
- Target 2: ₹3125
- Target 3: ₹3190
Stoploss:
- Below: ₹2950
Reliance Industries Ltd is one of the top stocks to buy right now. With its current market price at ₹3028, a breakout above ₹3038 could signal a significant upward trend. The stock's chart analysis on a weekly timeframe suggests robust support and the potential for intraday and short-term gains. Traders can set their targets at ₹3084, ₹3125, and ₹3190, with a stoploss below ₹2950 to manage risk. This makes it a prime candidate among breakout stocks to monitor closely.
Pidilite Industries Ltd (NSE: PIDILITIND) Share Latest Chart Analysis
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| (NSE: PIDILITIND) Share Latest Chart Analysis |
- Current Market Price: ₹3174
- Breakout Level: ₹3200
- Chart Analysis Time Frame: Daily
Intraday and Short Term Targets:
- Target 1: ₹3232
- Target 2: ₹3260
- Target 3: ₹3295
Stoploss:
- Below: ₹3125
Pidilite Industries Ltd is another stock showing potential for a breakout. Currently priced at ₹3174, the stock's breakout level is at ₹3200. The daily chart analysis indicates that once it surpasses this level, it could achieve short-term targets of ₹3232, ₹3260, and ₹3295. A stoploss below ₹3125 can help mitigate potential losses. This stock is among the top stocks to buy, especially for those looking at intraday stocks today.
Conclusion
Both Reliance Industries Ltd and Pidilite Industries Ltd are poised for breakouts, making them strong contenders for your watchlist. Monitoring these high volume stocks today can provide lucrative intraday trading opportunities. Keep these targets and stoploss levels in mind to navigate the market effectively.
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