Stocks At Support
A stock is considered to be at support when its price approaches a historically strong level where buying interest has previously emerged, indicating a potential demand zone.
📌 Stock Selection Criteria
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The stocks listed below are approaching their support level. This
screener
lists down stocks that are retesting their support after periods of consolidation ranging from one month to
several years. They have been filtered after analyzing more than 2,000 stocks in the Indian stock market on
daily and weekly timeframes. These stocks meet the following criteria:
- The stock should have previously taken support at a key level.
- It should have rallied at least 10% from that support price.
- It should now be pulling back to retest the support level.
- The current market price should be no more than 3% above the support level.
- The stock’s market cap should be more than ₹800 Cr.