Breakout Stocks: How Finolex Industries, BEML and Gujarat Pipavav are looking on charts for Wednesday’s trade
Buying was seen in realty, utilities, metal, power and capital goods on Tuesday while selling was seen in telecom, FMCG and healthcare. Stocks that were in focus on Tuesday include names like Finolex Industries that gained over 7%; BEML that rose over 13% and Gujarat Pipavav Port that closed with gains of over 7%.
Gujarat Pipavav Port gains on the back of higher container volumes in Q1
For Gujarat Pipavav Port, container volume in the June quarter rose to 191,000 twenty-foot equivalent units, from 187,000 in the corresponding quarter last year.
Breakout Stocks: How FACT, Gujarat Pipavav and Aditya Birla Capital are looking on charts for Wednesday?
Three stocks that recently hit a fresh 52-week high or saw volume or price breakout are FACT, Gujarat Pipavav Port and Aditya Birla Capital. The Founder of Chartmojo, Sunil Gurjar, was cautious about buying fresh positions due to volatility.