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IPO Base Breakout

 
India

William O'Neil and Mark Minervini both look for the IPO base: after the first weeks of trading, a new issue often moves sideways while early holders sell, then breaks out to new highs as institutions start buying. This screen lists stocks on the Bombay Stock Exchange that went public 25 days to 12 months ago and today set a new high since the listing on volume at least 1.5 times the 10-day average.

Screening formula:
exch(bse) and type(stock) and days_since_ipo >= 25 and days_since_ipo <= 365 and new_ath and rvol(10) > 1.5 and sortby(rvol(10), desc) and show(days_since_ipo, rvol(10) as rel_volume)
 
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Charts    
   Symbol   Name   Industry   Sector   Exchange   Cap  Cap, mln  Last  Change  Change, %  Volume  Days_since_ipo  Rel_volume
 PRIORITY.BO 
Priority Jewels Limited
Luxury Goods
Consumer Cyclical
BSE
Micro
 5,864.4  359.20  31.7 9.68 523,212  38.00  5.41
 UNITEDPOLY.BO 
United Polyfab Gujarat Ltd
Textile Manufacturing
Consumer Cyclical
BSE
Small
 11,701  50.00  -0.5 -0.99 69,202  153.00  2.06
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Data as of Oct 13, 2026, 1:24 AM IST



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