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Gap and Go

 
India

This screen lists stocks on the Bombay Stock Exchange that opened more than 4% above the previous close, have not traded back into the gap, are trading above today's open and show relative volume above 1.5. Gap and go traders look for exactly this: a gap driven by news or earnings that keeps attracting buyers after the open instead of fading. Relative volume compares today's volume so far with the 21-day average, so readings rise through the session. 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 gapup > 4 and l > c[1] and c > o and rvol(21) > 1.5 and sortby(gapup, desc) and show(gapup as gap, rvol(21) as rvol)
 
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   Symbol   Name   Industry   Sector   Exchange   Cap  Cap, mln  Last  Change  Change, %  Volume  Gap  Rvol
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