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GALE.IN INDIAN EQUITY RESEARCH

PRICE + TREND + VOLUME · EOD SCREEN

Near breakout stocks in India

A near-breakout label is useful only when the rule is explicit. Gale requires price to be close to its recent high, above the medium-term trend and supported by stronger-than-normal participation.

Data date354 stocks covered by the latest end-of-day data
All stocksF&O stocks Showing every stock covered, including all F&O underlyings.
SCREEN RULE

A stock qualifies when its close is within 2.5% of the 20-session high, its close is above SMA 50, and relative volume is at least 1.25× the 20-session average.

LATEST EOD RESULTS

10 qualifying stocks

Ranked by the stated rule
Near breakout stocks in India results on 14 September 2026
#CompanyCloseDayRel volumeRSI 14vs SMA 5020D high gapTrend context
1 CrizacCRIZAC · Education Services ₹186.68 0.0% 1.78× 65.3 +5.4% -0.4% Near breakout
2 BLUE STAR LIMITEDBLUESTARCOF&O ₹1,558.00 0.0% 2.37× 59.4 +1.1% -0.5% Near breakout
3 Emmvee PhotovoltaicEMMVEE · Solar Modules ₹346.00 0.0% 1.83× 65.4 +5.5% -0.6% Near breakout
4 KrossKROSS ₹239.07 0.0% 2.18× 76.8 +20.0% -0.7% Near breakout
5 INDUS TOWERS LIMITEDINDUSTOWERF&O ₹388.00 0.0% 3.09× 63.4 +4.0% -0.7% Near breakout
6 Ellenbarrie Industrial GasesELLENBARRIE · Industrial Gases ₹380.20 0.0% 2.04× 74.7 +24.3% -1.0% Near breakout
7 Venus Pipes & TubesVENUSPIPES · Stainless Pipes ₹2,020.10 0.0% 1.43× 82.3 +23.0% -1.2% Near breakout
8 ONE 97 COMMUNICATIONS LTDPAYTMF&O ₹1,807.50 0.0% 2.01× 77.3 +23.8% -1.8% Near breakout
9 YES BANK LIMITEDYESBANKF&O ₹23.48 0.0% 3.39× 71.8 +6.8% -2.0% Near breakout
10 Thejo EngineeringTHEJO · Mining Consumables ₹2,192.60 0.0% 1.81× 62.9 +7.7% -2.4% Near breakout

End-of-day prices from the exchanges’ published bhavcopy files (NSE and BSE). Calculations and rankings by Gale.in. Prices are not live.

What makes a breakout worth investigating

Price pressing against resistance shows demand has absorbed much of the available supply at that level. An upward-sloping trend and expanding volume make the setup more informative, because the move is not relying on price proximity alone.

The 20-session high is only a short-term boundary. Before acting, zoom out to the weekly chart. A candidate can clear a one-month high and still run directly into a much larger six-month or all-time resistance zone.

Plan for false breakouts

A breakout can trade above resistance intraday and close back inside the range. It can also succeed briefly before news or broad-market weakness reverses it. Waiting for a close, a retest or a second session of confirmation reduces some false signals but can produce a later entry.

Define invalidation before considering upside. If the distance to a logical invalidation point is too large for the intended position size, the setup is not suitable even when every screening condition is true.

Checks before using this screen

  1. Confirm the exchange announcement and results calendar for event-driven moves.
  2. Review liquidity using traded value and spread—not share volume alone.
  3. Zoom out to the weekly chart for larger support and resistance zones.
  4. Define an invalidation level and position risk before considering an entry.
  5. Recheck fundamentals; a technical condition does not repair a broken business thesis.

FAQ

Questions about this screen

Is a near-breakout stock already a buy?

No. It is a research candidate meeting stated price, trend and volume conditions. Resistance, liquidity, news and risk still require review.

Why use a 20-session high?

It provides a consistent short-term boundary covering roughly one trading month. Longer weekly resistance remains important.

Why require volume and SMA 50?

Volume tests participation, while price above SMA 50 adds medium-term trend context. Neither condition guarantees success.