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Relative-Strength Leaders

Own the market's leaders while they keep leading. The library backtest measures true relative strength against the Nifty 50 index; the AI Backtester link uses the stock's own 3-month return as a proxy, because that tool has no benchmark series.

Momentum Data as of 2026-11-02 close
1 · Rules

▶ Entry

Outperforming the Nifty 50 by 10+ points over 3 months, above the 50-day SMA.

Screener form: rs_3m > 10 AND close > sma50 AND rs_rating >= 80 — RS vs Nifty 3M > 10 and Close > SMA 50 and RS rating (1-99) ≥ 80.

■ Exit

Close below the 50-day SMA.

Signals are read on the close; the backtest fills at the next session's open.

2 · Stocks triggering the entry today (147)
Stock Sector Close Chg Score RSI (14)ADX (14)Relative volume (RVOL)
DIVISLABDivi's Laboratories Limited Pharma ₹9,945.50 +1.69% 94 67.60 22.30 1.49×
ANANDRATHIAnand Rathi Wealth Limited Financial Services ₹2,276.90 +1.11% 94 66.29 25.07 0.42×
ORIENTHOTOriental Hotels Limited Hotels & Resorts ₹163.59 +1.70% 92 73.38 34.14 0.67×
COFORGECoforge Limited IT ₹2,099.00 +2.64% 92 70.60 17.64 1.30×
BOSCHLTDBosch Limited Auto ₹48,100.00 +1.91% 92 62.63 24.98 0.90×
GESHIPThe Great Eastern Shipping Company Limited Infrastructure ₹1,600.40 +0.43% 91 63.29 27.19 0.44×
SHREEJISPGShreeji Shipping Global Limited Infrastructure ₹873.65 +3.60% 89 71.73 26.54 0.75×
SONACOMSSona BLW Precision Forgings Limited Auto ₹905.95 +1.73% 88 69.96 23.00 0.86×
INDHOTELThe Indian Hotels Company Limited Hotels & Resorts ₹822.50 +1.34% 88 72.05 31.15 1.02×
GCSLGretex Corporate Services Limited Financial Services ₹770.65 +0.42% 88 78.49 32.26 0.86×
ATHERENERGAther Energy Limited Auto ₹1,774.60 +1.06% 88 70.77 24.52 0.85×
ADANIPORTSAdani Ports and Special Economic Zone Limited Infrastructure ₹1,854.00 +0.22% 88 61.69 20.25 0.43×
SMSPHARMASMS Pharmaceuticals Limited Pharma ₹504.15 -1.41% 87 66.27 27.22 1.39×
SHYAMMETLShyam Metalics and Energy Limited Metal ₹1,191.00 +2.42% 87 62.25 25.29 2.94×
RATNAVEERRatnaveer Precision Engineering Limited Metal ₹379.20 +5.26% 87 69.78 31.21 1.94×
ACUTAASAcutaas Chemicals Limited Pharma ₹3,892.60 -2.77% 87 67.31 24.76 0.54×
ZYDUSLIFEZydus Lifesciences Limited Pharma ₹1,240.50 -0.40% 85 69.28 11.90 0.80×
TANLATanla Platforms Limited IT ₹645.45 +2.92% 85 76.40 43.96 1.19×
SPECTRUMSpectrum Electrical Industries Limited Electrical Equipment ₹3,982.20 +0.71% 85 69.20 42.01 1.24×
SGMARTSG Mart Limited Metal ₹878.90 +2.63% 85 69.89 37.52 0.77×
KRISHANAKrishana Phoschem Limited Chemicals ₹235.07 +2.85% 85 74.86 25.72 1.03×
ETERNALETERNAL LIMITED E-Commerce & Internet Retail ₹344.00 +0.10% 85 62.36 16.13 0.67×
SOUTHBANKThe South Indian Bank Limited Bank ₹54.51 -1.77% 84 60.96 32.58 0.48×
GLOBALGlobal Education Limited Media ₹145.70 +1.36% 84 65.73 26.73 0.61×
CEIGALLCeigall India Limited Infrastructure ₹392.45 +0.58% 84 58.66 24.42 0.56×
TIPSMUSICTips Music Limited Media ₹784.95 +0.37% 83 65.31 23.39 0.36×
PVRINOXPVR INOX Limited Media ₹1,512.70 +1.18% 83 71.01 44.91 0.66×
PPLPHARMAPiramal Pharma Limited Pharma ₹239.92 +0.42% 83 73.55 29.51 0.87×
ALGOQUANTAlgoquant Fintech Limited Financial Services ₹78.36 +2.81% 82 69.43 39.44 0.95×
THELEELALeela Palaces Hotels & Resorts Limited Hotels & Resorts ₹671.05 +5.80% 81 70.66 38.08 3.23×
PASHUPATIPashupati Cotspin Limited Textiles ₹141.62 +5.22% 81 87.48 66.47 2.96×
MBAPLMadhya Bharat Agro Products Limited Chemicals ₹185.83 +4.92% 81 71.35 14.36 3.03×
ALIVUSAlivus Life Sciences Limited Pharma ₹1,447.60 +2.28% 81 66.57 27.78 4.05×
WELSPUNLIVWelspun Living Limited Textiles ₹242.34 +10.62% 80 67.20 26.53 11.58×
GLANDGland Pharma Limited Pharma ₹3,066.60 -0.95% 80 57.23 23.98 0.56×
OMNIOmnitech Engineering Limited Engineering & Capital Goods ₹691.25 +3.55% 79 58.96 27.93 0.21×
SHREEPUSHKShree Pushkar Chemicals & Fertilisers Limited Chemicals ₹569.95 -5.42% 78 63.46 31.90 3.07×
NITINSPINNitin Spinners Limited Textiles ₹664.30 +2.01% 78 62.03 16.88 5.09×
LUMAXTECHLumax Auto Technologies Limited Auto ₹2,014.40 -0.41% 78 56.82 16.94 0.71×
LAURUSLABSLaurus Labs Limited Pharma ₹2,348.00 -2.39% 78 71.77 24.86 1.54×
HITECHCORPHitech Corporation Limited Packaging ₹410.75 -0.41% 78 77.09 42.51 0.19×
BOROLTDBorosil Limited Glass ₹312.35 +9.06% 78 70.39 28.37 9.34×
AUROPHARMAAurobindo Pharma Limited Pharma ₹1,683.80 +0.14% 78 55.17 19.99 0.89×
UYFINCORPU. Y. Fincorp Limited Financial Services ₹29.94 -0.89% 77 76.82 30.26 1.45×
CHENNPETROChennai Petroleum Corporation Limited Oil & Gas ₹1,546.00 +2.28% 77 57.32 19.42 0.53×
WESTLIFEWESTLIFE FOODWORLD LIMITED Hotels & Resorts ₹611.35 +2.96% 76 59.43 35.24 0.38×
NAZARANazara Technologies Limited Infrastructure ₹401.65 +0.71% 76 56.40 23.00 0.25×
MANAKCOATManaksia Coated Metals & Industries Limited Metal ₹148.17 +5.68% 76 66.30 23.14 1.58×
NILKAMALNilkamal Limited Plastic Products ₹1,915.80 -1.69% 75 57.36 31.29 0.89×
TFCILTDTourism Finance Corporation of India Limited Financial Services ₹157.96 +0.03% 74 61.60 27.75 1.07×

👀 Setting up (172)

Close to the entry: rs_rating >= 80 AND close > sma50
Stock Sector Close Chg Score RSI (14)ADX (14)Relative volume (RVOL)
DIVISLABDivi's Laboratories Limited Pharma ₹9,945.50 +1.69% 94 67.60 22.30 1.49×
ANANDRATHIAnand Rathi Wealth Limited Financial Services ₹2,276.90 +1.11% 94 66.29 25.07 0.42×
ORIENTHOTOriental Hotels Limited Hotels & Resorts ₹163.59 +1.70% 92 73.38 34.14 0.67×
COFORGECoforge Limited IT ₹2,099.00 +2.64% 92 70.60 17.64 1.30×
BOSCHLTDBosch Limited Auto ₹48,100.00 +1.91% 92 62.63 24.98 0.90×
GESHIPThe Great Eastern Shipping Company Limited Infrastructure ₹1,600.40 +0.43% 91 63.29 27.19 0.44×
SAREGAMASaregama India Limited Media ₹545.90 -0.50% 90 64.93 12.36 0.72×
SHREEJISPGShreeji Shipping Global Limited Infrastructure ₹873.65 +3.60% 89 71.73 26.54 0.75×
SONACOMSSona BLW Precision Forgings Limited Auto ₹905.95 +1.73% 88 69.96 23.00 0.86×
INDHOTELThe Indian Hotels Company Limited Hotels & Resorts ₹822.50 +1.34% 88 72.05 31.15 1.02×
GCSLGretex Corporate Services Limited Financial Services ₹770.65 +0.42% 88 78.49 32.26 0.86×
ATHERENERGAther Energy Limited Auto ₹1,774.60 +1.06% 88 70.77 24.52 0.85×
ADANIPORTSAdani Ports and Special Economic Zone Limited Infrastructure ₹1,854.00 +0.22% 88 61.69 20.25 0.43×
SMSPHARMASMS Pharmaceuticals Limited Pharma ₹504.15 -1.41% 87 66.27 27.22 1.39×
SHYAMMETLShyam Metalics and Energy Limited Metal ₹1,191.00 +2.42% 87 62.25 25.29 2.94×
RATNAVEERRatnaveer Precision Engineering Limited Metal ₹379.20 +5.26% 87 69.78 31.21 1.94×
NYKAAFSN E-Commerce Ventures Limited E-Commerce & Internet Retail ₹353.65 +1.23% 87 60.66 17.28 1.12×
ACUTAASAcutaas Chemicals Limited Pharma ₹3,892.60 -2.77% 87 67.31 24.76 0.54×
CORONACORONA Remedies Limited Pharma ₹2,171.10 +1.00% 86 59.30 23.95 1.51×
ZYDUSLIFEZydus Lifesciences Limited Pharma ₹1,240.50 -0.40% 85 69.28 11.90 0.80×
TANLATanla Platforms Limited IT ₹645.45 +2.92% 85 76.40 43.96 1.19×
SPECTRUMSpectrum Electrical Industries Limited Electrical Equipment ₹3,982.20 +0.71% 85 69.20 42.01 1.24×
SGMARTSG Mart Limited Metal ₹878.90 +2.63% 85 69.89 37.52 0.77×
KRISHANAKrishana Phoschem Limited Chemicals ₹235.07 +2.85% 85 74.86 25.72 1.03×
ETERNALETERNAL LIMITED E-Commerce & Internet Retail ₹344.00 +0.10% 85 62.36 16.13 0.67×
SOUTHBANKThe South Indian Bank Limited Bank ₹54.51 -1.77% 84 60.96 32.58 0.48×
GLOBALGlobal Education Limited Media ₹145.70 +1.36% 84 65.73 26.73 0.61×
CEIGALLCeigall India Limited Infrastructure ₹392.45 +0.58% 84 58.66 24.42 0.56×
TIPSMUSICTips Music Limited Media ₹784.95 +0.37% 83 65.31 23.39 0.36×
PVRINOXPVR INOX Limited Media ₹1,512.70 +1.18% 83 71.01 44.91 0.66×
3 · Backtest — Nifty 50 stocks since 2014
956
Trades
33.5%
Win rate
+3.40%
Average trade
2.28
Profit factor
28.1d
Avg holding
+1.2%
Median CAGR / stock
Buy & hold +16.1%
-33.1%
Median max drawdown
Buy & hold -53.7%
19.4%
Time in market
4.1%
Stocks where it beat B&H

🛡️ Robustness — 3M outperformance

The published rule uses 10. If the edge vanishes one step either side, it was probably fitted to history.

3M outperformanceTradesWinAvg tradePFMedian CAGR
5141532.5%+2.78%2.25+2.9%
1095633.5%+3.40%2.28+1.2%
1558936.5%+4.76%2.61+1.6%

Robust The average trade is positive at every tested setting. Profitable average trade in 75.0% of years with 5+ trades.

📅 By year (walk-forward view)

YearTradesWinAvg trade
20198923.6%-0.74%
202010541.0%+3.35%
202113845.7%+12.80%
202217327.2%-0.33%
20238930.3%+0.93%
202413039.2%+8.65%
202510426.0%+0.37%
202612832.0%+0.07%
Most recent trades in the test
StockEntryExitReturn
ADANIPORTS2026-10-302026-11-02 (open)-1.11%
DRREDDY2026-10-232026-11-02 (open)+8.34%
ETERNAL2026-10-272026-11-02 (open)+5.46%
HCLTECH2026-10-142026-11-02 (open)+8.42%
INFY2026-10-192026-11-02 (open)+0.15%
KOTAKBANK2026-10-012026-11-02 (open)+7.38%
TCS2026-10-152026-11-02 (open)+6.37%
TECHM2026-10-152026-11-02 (open)+11.46%
ETERNAL2026-10-192026-10-21-0.92%
ETERNAL2026-10-122026-10-14-1.79%
ETERNAL2026-10-062026-10-09-0.32%
ETERNAL2026-06-162026-10-05+21.49%
BAJAJ-AUTO2026-07-232026-09-21+4.07%
GRASIM2026-08-042026-09-16-1.10%
TITAN2026-08-042026-09-16-1.31%
4 · Risk

Leaders can be crowded; exits on a 50-DMA break give back part of the gain.

Test assumptions: long only, one position per stock, next-open fills, 0.2% round-trip cost, split-adjusted prices without dividends, current Nifty 50 members (survivorship bias). Past results do not predict future returns.

5 · Test it on any stock

Open the AI Backtester with these rules pre-filled, pick a stock and a date range, and add your own stop-loss or target.

Buy when the 63-day rate of change is above 15 and close is above the 50-day SMA. Sell when close falls below the 50-day SMA.
🧪 Backtest on any stock Open the entry in the screener
🔗 Other momentum strategies
RSI Momentum (crosses 60)Rate-of-Change Momentum

⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI