Vodafone Idea, YES Bank: 10 stocks showing a volume breakout on the charts – Business Standard

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Based on market-wide analysis, here are some stocks that are showing a volume breakout on the charts on Monday

Topics
Volumes | Buzzing stocks | Trading volumes

Avdhut Bagkar  |  Mumbai 

Last Updated at August 24, 2020 14:00 IST

Volume plays a crucial role in identifying the interest of market participants in a stock. Higher the volume, more the interest in a particular counter. Volume also reflects stocks where maximum trading activity is happeing in a session.

This information assists in identifying momentum stocks and then traders / investors can capitalise on the opportunity. On the charts, when a breakout or breakdown is confirmed by strong volumes, the trend is considered as more reliable as compared to a movement in stock price where strong volumes are missing. One can also assess the possibility of follow-up …

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