15 Minute Price and Volume Breakout on Bank Nifty Weekly
The scanner identifies stocks where the current closing price is higher than the highest closing price in the past 20 periods and the current volume is higher than the moving average of volume over the past 20 periods checked on a 15 minutes chart. This combination suggests a potential price and volume breakout.
Universe
Nifty 50
Time Frame
15 Minutes
Conditions
Close(0) higher than Period max(20, Close(-1) ) and Volume(0) higher than Moving average(volume,20,simple,0)