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NVI Signal

 
India

The Negative Volume Index (NVI) changes only on days when volume falls, on the idea that the crowd trades on busy days while informed money acts on quiet ones. That is why NVI is often called a smart money index. This screen lists stocks on the Bombay Stock Exchange whose NVI has just crossed above its 255-day signal line, a classic sign that quiet-day buying is turning positive. Confirm with the price trend or money flow before acting. 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 nvi(255) ca nvis(255)
 
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   Symbol   Name   Industry   Sector   Exchange   Cap  Cap, mln  Last  Change  Change, %  Volume
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