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Inverse H&S

 
India

The inverse head and shoulders is one of the most reliable bullish reversal patterns: three lows with the middle one deepest, followed by a breakout above the neckline. This screen lists stocks on the Bombay Stock Exchange where a inverse head and shoulders pattern was identified on one of the last five bars, most actively traded first. 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 (inv_head_shoulders)@[0..4] and sortby(advol(5), desc) and show(advol(5) as turnover_5d_m)
 
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