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Failed Breakouts

 
India

From failed moves come fast moves in the opposite direction. When a breakout fails quickly, the buyers who chased it are trapped, and their selling can turn a top into a sharp decline. This screen lists stocks on the Bombay Stock Exchange that set a new 52-week high within the last five trading days but now close below their 20-day moving average. Prices are in Indian rupees, and the list covers BSE-listed stocks with at least 50 million rupees in average daily trading value.

Screening formula:
exch(bse) and type(stock) and advol(21) > 50 and (price new_high 252)@[1..5] and c < sma(20) and sortby(chclose, asc) and show(chclose as change_pct)
 
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Data as of Oct 30, 2026, updated intraday



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