A change of character (CHoCH) is the first sign that a downtrend may be ending. This screen lists stocks on the Bombay Stock Exchange that were below their 50-day moving average five days ago, whose last two swing lows were falling, and which have now crossed above the most recent swing high (an upper Williams fractal) on above-average volume. SMC traders often wait for a pullback after the CHoCH before entering. Prices are in Indian rupees, and the list covers BSE-listed stocks with at least 50 million rupees in average daily trading value.
