Comparative RS Breakout

This scanner detects stocks with a declining Relative Strength compared to the Nifty 50, which has now experienced a breakout in the current candle. You can refer to the following links to know more: Video:

Conditions

Period max(20, High(-11) ) lower than Period max(20, High(-31) ) and Period max(20, High(-31) ) lower than Period max(20, High(-51) ) and Close(0) higher than Period max(15, High(-1) ) and Period max(20, Close(-11) / Symbol(INDICES_NIFTY 50, Close(-11) ) ) lower than Period max(20, Close(-31) / Symbol(INDICES_NIFTY 50, Close(-31) ) ) and Period max(20, Close(-31) / Symbol(INDICES_NIFTY 50, Close(-31) ) ) lower than Period max(20, Close(-51) / Symbol(INDICES_NIFTY 50, Close(-51) ) ) and Close(0) / Symbol(INDICES_NIFTY 50, Close(0) ) higher than Period max(15, Close(-1) / Symbol(INDICES_NIFTY 50, Close(-1) ) )

stocks

• NSE

  3MINDIA

• NSE

  APOLLOTYRE

• NSE

  ACI

• NSE

  CEATLTD

• NSE

  DEVYANI

• NSE

  ENGINERSIN

• NSE

  EQUITASBNK

• NSE

  GMDCLTD

• NSE

  HUDCO

• NSE

  IDFCFIRSTB

• NSE

  JIOFIN

• NSE

  KANSAINER

• NSE

  METROPOLIS

• NSE

  MCX

• NSE

  NCC

• NSE

  PAYTM

• NSE

  SAREGAMA

• NSE

  STARHEALTH

• NSE

  SWSOLAR

• NSE

  VTL