Approaching 20-Day Low (Within 2%, Downtrend)
Closing within 2% of the 20-day low without having broken it, inside a downtrend (20 EMA below 50 EMA, price below the 20 EMA). A stock sitting on support. Liquid stocks only (Rs 5 Cr+).
About This Scan
Stocks that sit just above a recent low are often the next breakdowns, and catching them before the break gives a tighter stop. This scan lists NSE stocks in a downtrend (20 EMA below 50 EMA, price below the 20 EMA) that closed within 2% of the 20-day low while today's low stayed above it, on Rs 5 Cr of last-session turnover. They are close but have not broken down. The mirror scan is Approaching 20-Day High. For stocks already at a low, see 3M Low Breakdown.
Scan Rules
Stock passes all of the below filters in the ALL segment using 1D candles:
- 1.Close less than or equal to 102% of 20-Day Low
- 2.Low greater than 20-Day Low
- 3.EMA 20 less than EMA 50
- 4.Close less than EMA 20
- 5.Traded Value (Rs lakh) greater than or equal to 500
Last Session Sample
As of 2026-11-06, 9 stocks passed every rule. The 5 below are the strongest movers on the list.
| Symbol | Close | Change vs previous close |
|---|---|---|
| HAPPYFORGE | 1694.5 | -10% |
| TENNIND | 423.25 | -9.47% |
| ABFRL | 39.02 | -6.61% |
| AZAD | 2422.7 | -6.2% |
| MOTISONS | 14.51 | -4.03% |
Sign in to see the full list, the sector breakdown, a clickable history of every day and extra columns. Past matches are not a forecast.
How To Use This Scan
- •Mark the 20-day low as the trigger. A close below it on higher volume is the breakdown the scan is waiting for.
- •Look for tight, low-volume candles near the low. A stock that is bouncing away from the low is less ready.
- •Place the stop above the recent swing high. Not every near-low stock breaks down. This scan has not been back-tested for an edge.
Frequently Asked Questions
What is a 20-day low?
The lowest price in the last 20 trading sessions, about one month of trading.
Why must today's low stay above it?
So the stock has not already broken down. Stocks that made a new low are listed by the breakdown scans.
Can I change the 2% distance?
Yes. Load the scan in the screener and edit the multiplier on the Close rule.
