The pivot is the high of the last contraction in a VCP base, the price Mark Minervini uses as his buy point. This is step 5 of the Minervini ladder: it keeps the Trend Template and VCP conditions and lists stocks on the Bombay Stock Exchange trading within 6% of their 20-day high while the 10-day average volume is below the 50-day average, a sign that sellers have dried up. This is the list to watch for the next breakout; the pivot price is shown for each stock. Prices are in Indian rupees, and the list covers BSE-listed stocks with at least 50 million rupees in average daily trading value.
