These stocks see huge volume burst in the last leg of the trading session!

AB Capital, Birlasoft and Schneider Electric Infrastructure have witnessed volume burst in the last 75-minutes of the trade. 

As the saying goes, the first and the last hour of each trading session is the most important and active in terms of price and volume. More so, the activity in the last hour is said to be of utmost importance because most of the pro traders and institutions are active at this time. Hence, when a stock sees a good spike in volume in the last leg of trade along with price rise it is said to be the pro and institutions have a keen interest in the stock. Market participants should keep a close watch on these stocks as they can witness good momentum in the short-medium term.

So, based on this principle we have shortlisted three stocks, which have witnessed volume burst in the last leg of trade along with price rise.

AB Capital: The stock of AB Capital rose 1.71% on Monday outperforming the indices. Interestingly, the stock traded fairly in negative throughout the day except for the last one hour. The stock rose as much as 5% in the last 75-minutes thereby closing in the green. Around 50% of the total volume was witnessed during the last 75-minutes. The stock witnessed a huge bounce from the lower level and closed at day’s high. Market participants should keep a close watch on this stock.

Birlasoft: This IT stock closed fairly in green gaining 1.83%. The stock consolidated throughout the day and shot up around 2% with big volumes as the session was nearing its end. As much as 60% of today’s volume was witnessed during the last 75-minutes. Traders should consider this stock on their watchlist as it closed near today’s high too.

Schneider Electric Infrastructure: Schneider rose a massive 6.5% on the trading session that ended Monday. The stock was firmly traded in green throughout the day. It rose for the fifth consecutive day making a high of 126.9 and looks technically strong. The daily volume was up 1.5x the previous day’s volume indicating participation from the market players. We suggest you keep this stock on your radar.