Top 3 stocks trading below Rs 100

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

Here’s an in-depth look.

Tata Teleservices (Maharashtra) Ltd

Tata Teleservices (Maharashtra) Ltd witnessed a significant price surge today, hitting a high of Rs 97.58 with a substantial traded volume of 21.27 crore shares. Currently trading at Rs 97.58, it closed at Rs 81.32 previously, marking a notable 20% increase. The stock is showing impressive strength, with returns of 50.01% from its 52-week low, highlighting its robust performance. Notably, it has experienced a price volume breakout, volume spike, and resistance breakout, indicating strong bullish momentum. With a market cap of Rs 19,044.52 crore and an RSI of 82.12, the stock is currently overbought.

Mahanagar Telephone Nigam Ltd

Mahanagar Telephone Nigam Ltd (MTNL) saw an exceptional day with its price reaching Rs 64.08, accompanied by a traded volume of 14.10 crore shares. Currently trading at Rs 64.08, it closed at Rs 53.4 previously, resulting in a significant 20% gain. The stock has delivered multibagger returns of 232.02% from its 52-week low, marking a remarkable performance. Today’s action included a price volume breakout, volume spike, and a 52-week high breakout, indicating strong market interest. With a market cap of Rs 4,082.40 crore and an RSI of 86.91, MTNL is in an overbought territory, suggesting potential caution for investors.

Onmobile Global Ltd

Onmobile Global Ltd showed a positive trend today, reaching a high of Rs 89.5 with a traded volume of 1.68 crore shares. Currently trading at Rs 86.75, it closed at Rs 79.03 previously, reflecting a 9.77% increase. The stock has delivered a 45.68% return from its 52-week low, indicating strong recovery potential. The company experienced a price volume breakout and volume spike, suggesting increased buying interest. With a market cap of Rs 924.69 crore and an RSI of 74.96, the stock is likely to bounce from its bottom.

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.