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
7 qualifying stocks
| # | Company | Close | Day | Rel volume | RSI 14 | vs SMA 50 | 20D high gap | Trend context |
|---|---|---|---|---|---|---|---|---|
| 1 | Kronox Lab SciencesKRONOX · Specialty Chemicals | ₹206.58 | +5.0% | 1.28× | 75.5 | +32.5% | 0.0% | Near breakout |
| 2 | Castrol IndiaCASTROLIND · Lubricants | ₹201.67 | +3.5% | 4.06× | 71.2 | +7.0% | -0.2% | Near breakout |
| 3 | Zydus LifesciencesZYDUSLIFE · PharmaF&O | ₹1,203.90 | +2.0% | 1.53× | 65.4 | +5.8% | -0.4% | Near breakout |
| 4 | HBL EngineeringHBLENGINE · Defence / Rail Electronics | ₹806.00 | +4.0% | 1.98× | 72.2 | +13.4% | -0.7% | Near breakout |
| 5 | G M BreweriesGMBREW | ₹978.80 | +1.2% | 1.96× | 72.2 | +7.7% | -0.8% | Near breakout |
| 6 | SONA BLW PRECISION FRGS LSONACOMSF&O | ₹824.50 | +1.0% | 1.60× | 58.3 | +4.5% | -1.5% | Near breakout |
| 7 | Apollo Hospitals EnterpriseAPOLLOHOSP · HospitalsF&O | ₹8,889.00 | +0.0% | 1.51× | 52.2 | +0.6% | -2.0% | 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
- Confirm the exchange announcement and results calendar for event-driven moves.
- Review liquidity using traded value and spread—not share volume alone.
- Zoom out to the weekly chart for larger support and resistance zones.
- Define an invalidation level and position risk before considering an entry.
- 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.