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Accumulation

 
India

This screen lists stocks on the Bombay Stock Exchange that large buyers appear to be accumulating, judged from price and volume: Chaikin Money Flow (20) above 0.05, On Balance Volume trending up over 20 days, price above its 50-day moving average and relative strength in the top 10% of the market over about three months. Institutions cannot hide their volume for long, and steady buying pressure is one of its clearest footprints. Use the list as a watchlist of leaders rather than as an entry signal. 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 rs(68) > 90 and cmf(20) > 0.05 and obv trend_up 20 and price > sma(50) and sortby(cmf(20), desc) and show(cmf(20) as cmf)
 
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Charts    
   Symbol   Name   Industry   Sector   Exchange   Cap  Cap, mln  Last  Change  Change, %  Volume  Cmf
 OPTIEMUS.BO 
Optiemus Infracom Ltd
Electronics & Computer Distribution
Technology
BSE
Mid
 73,652  813.00  -11.25 -1.36 49,763  0.3815
 DYNAMATECH.BO 
Dynamatic Technologies Ltd
Auto Parts
Consumer Cyclical
BSE
Mid
 90,715  13,446  57.9 0.43 883  0.3253
 E2E.BO 
E2E Networks Ltd
Software - Infrastructure
Technology
BSE
Mid
 148,700  704.25  -10.55 -1.48 196,971  0.3227
 MOREPENLAB.BO 
Morepen Laboratories Ltd
Drug Manufacturers - Specialty & Generic
Healthcare
BSE
Mid
 71,097  129.75  -6.85 -5.01 955,793  0.1021
 SAMBHV.BO 
Sambhv Steel Tubes Ltd
Steel
Basic Materials
BSE
Small
 47,825  160.75  3.4 2.16 147,300  0.1015
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