Volume Surge Breakout
Institutional footprints: breakouts on heavy volume are the ones most likely to follow through.
Breakout Data as of 2026-09-18 close
1 · Rules
▶ Entry
Up day on 2× average volume closing at a 20-day high.
Screener form: breakout_20d AND rvol20 >= 2 — 20-day breakout and Relative volume (RVOL) ≥ 2.
■ Exit
Close below the 20-day low, or a 20-session time stop.
Signals are read on the close; the backtest fills at the next session's open.
2 · Stocks triggering the entry today (38)
| Stock | Sector | Close | Chg | Score | RSI (14) | ADX (14) | Relative volume (RVOL) |
|---|---|---|---|---|---|---|---|
| GPTHEALTHGPT Healthcare Limited | Healthcare | ₹166.21 | +1.59% | 93 | 66.45 | 28.44 | 3.05× |
| NRLNupur Recyclers Limited | — | ₹143.67 | +4.77% | 89 | 76.70 | 49.18 | 2.30× |
| BHAGYANGRBhagyanagar India Limited | Energy | ₹446.70 | +0.04% | 89 | 66.32 | 16.09 | 2.00× |
| ACEAction Construction Equipment Limited | — | ₹1,229 | +1.96% | 89 | 70.21 | 24.13 | 2.98× |
| VALIANTORGValiant Organics Limited | Chemicals | ₹426.65 | +4.46% | 88 | 81.74 | 33.83 | 2.71× |
| GMMPFAUDLRGMM Pfaudler Limited | — | ₹1,467 | +7.60% | 88 | 88.56 | 65.97 | 2.73× |
| SPLPETROSupreme Petrochem Limited | Oil & Gas | ₹865.70 | +7.27% | 87 | 71.95 | 30.20 | 3.70× |
| PFOCUSPrime Focus Limited | Media | ₹344.35 | +2.81% | 87 | 74.01 | 34.50 | 3.75× |
| ACMESOLARAcme Solar Holdings Limited | Infrastructure | ₹435.25 | +5.82% | 87 | 66.98 | 26.90 | 6.06× |
| TALBROAUTOTalbros Automotive Components Limited | Auto | ₹476.70 | +9.54% | 86 | 74.86 | 21.29 | 8.45× |
| NRBBEARINGNRB Bearing Limited | — | ₹525.50 | +11.29% | 85 | 64.09 | 28.02 | 26.09× |
| IBULLSLTDIndiabulls Limited | — | ₹30.39 | +2.50% | 85 | 69.37 | 16.43 | 2.08× |
| SAMBHVSambhv Steel Tubes Limited | Metal | ₹147.57 | +14.32% | 83 | 72.07 | 37.03 | 16.58× |
| YATHARTHYatharth Hospital & Trauma Care Services Limited | Healthcare | ₹1,140 | +6.26% | 81 | 80.25 | 46.29 | 10.32× |
| SHAREINDIAShare India Securities Limited | Financial Services | ₹228.15 | +4.45% | 81 | 83.95 | 40.48 | 3.55× |
| LENSKARTLenskart Solutions Limited | Consumer Durables | ₹707.20 | +4.01% | 81 | 73.53 | 55.65 | 2.14× |
| APARINDSApar Industries Limited | — | ₹18,858 | +5.94% | 81 | 65.32 | 32.22 | 2.37× |
| MACPOWERMacpower CNC Machines Limited | — | ₹2,104 | +9.52% | 80 | 69.51 | 36.39 | 5.01× |
| CASTROLINDCastrol India Limited | Chemicals | ₹197.14 | +2.83% | 80 | 75.15 | 30.72 | 5.30× |
| TSFINVTSF INVESTMENTS LIMITED | Financial Services | ₹455.65 | +2.18% | 79 | 68.25 | 26.16 | 2.44× |
| AVALONAvalon Technologies Limited | — | ₹2,538 | +13.80% | 79 | 67.88 | 33.28 | 9.25× |
| VENUSPIPESVenus Pipes & Tubes Limited | Metal | ₹2,283 | +7.09% | 78 | 81.10 | 32.60 | 4.71× |
| SYRMASyrma SGS Technology Limited | — | ₹1,729 | +6.87% | 78 | 70.37 | 20.27 | 5.44× |
| TIMEXTimex Group | Consumer Durables | ₹714.20 | +16.87% | 77 | 68.99 | 27.37 | 18.33× |
| ABBOTINDIAAbbott India Limited | Pharma | ₹27,270 | +5.25% | 76 | 62.08 | 23.02 | 5.07× |
| IIFLCAPSIIFL Capital Services Limited | Financial Services | ₹345.10 | +2.42% | 75 | 64.71 | 28.56 | 4.90× |
| GMBREWGM Breweries Limited | FMCG | ₹953.95 | +1.80% | 75 | 67.90 | 15.36 | 2.62× |
| HLEGLASHLE Glascoat Limited | — | ₹446.90 | +7.52% | 74 | 74.74 | 35.06 | 2.75× |
| ATGLAdani Total Gas Limited | — | ₹660.70 | +12.56% | 73 | 63.10 | 27.52 | 70.93× |
| SCHAEFFLERSchaeffler India Limited | — | ₹4,218 | +5.68% | 71 | 68.28 | 16.80 | 3.57× |
| BELRISEBelrise Industries Limited | Auto | ₹240.18 | +4.71% | 71 | 59.90 | 11.28 | 4.13× |
| ALGOQUANTAlgoquant Fintech Limited | Financial Services | ₹72.27 | +3.05% | 71 | 75.84 | 32.58 | 3.02× |
| ALKEMAlkem Laboratories Limited | Pharma | ₹5,466 | +2.21% | 70 | 61.71 | 29.07 | 2.48× |
| KIMSKrishna Institute of Medical Sciences Limited | Healthcare | ₹809.85 | +2.27% | 69 | 65.38 | 19.25 | 2.38× |
| EIHOTELEIH Limited | — | ₹317.90 | +6.00% | 65 | 64.00 | 26.04 | 4.92× |
| CENTRALBKCentral Bank of India | Bank | ₹31.73 | +4.37% | 64 | 62.41 | 13.44 | 9.89× |
| WCILWestern Carriers (India) Limited | — | ₹96.86 | +1.73% | 63 | 72.60 | 33.83 | 4.10× |
| GRAUWEILGrauer & Weil | Chemicals | ₹86.62 | +9.52% | 62 | 74.65 | 17.41 | 30.47× |
👀 Setting up (281)
| Stock | Sector | Close | Chg | Score | RSI (14) | ADX (14) | Relative volume (RVOL) |
|---|---|---|---|---|---|---|---|
| AEGISVOPAKAegis Vopak Terminals Limited | — | ₹314.95 | +1.37% | 96 | 69.73 | 26.60 | 1.62× |
| NEOGENNeogen Chemicals Limited | Chemicals | ₹2,488 | +3.87% | 94 | 69.81 | 28.61 | 1.94× |
| AUROPHARMAAurobindo Pharma Limited | Pharma | ₹1,734 | +2.60% | 94 | 63.54 | 21.65 | 1.64× |
| GPTHEALTHGPT Healthcare Limited | Healthcare | ₹166.21 | +1.59% | 93 | 66.45 | 28.44 | 3.05× |
| SANSERASansera Engineering Limited | Auto | ₹4,260 | +6.03% | 90 | 65.40 | 29.59 | 1.71× |
| NRLNupur Recyclers Limited | — | ₹143.67 | +4.77% | 89 | 76.70 | 49.18 | 2.30× |
| BHAGYANGRBhagyanagar India Limited | Energy | ₹446.70 | +0.04% | 89 | 66.32 | 16.09 | 2.00× |
| ACEAction Construction Equipment Limited | — | ₹1,229 | +1.96% | 89 | 70.21 | 24.13 | 2.98× |
| VALIANTORGValiant Organics Limited | Chemicals | ₹426.65 | +4.46% | 88 | 81.74 | 33.83 | 2.71× |
| GMMPFAUDLRGMM Pfaudler Limited | — | ₹1,467 | +7.60% | 88 | 88.56 | 65.97 | 2.73× |
| SPLPETROSupreme Petrochem Limited | Oil & Gas | ₹865.70 | +7.27% | 87 | 71.95 | 30.20 | 3.70× |
| PFOCUSPrime Focus Limited | Media | ₹344.35 | +2.81% | 87 | 74.01 | 34.50 | 3.75× |
| ADANIPORTSAdani Ports and Special Economic Zone Limited | — | ₹1,824 | +4.93% | 87 | 64.29 | 18.94 | 1.77× |
| ACMESOLARAcme Solar Holdings Limited | Infrastructure | ₹435.25 | +5.82% | 87 | 66.98 | 26.90 | 6.06× |
| TALBROAUTOTalbros Automotive Components Limited | Auto | ₹476.70 | +9.54% | 86 | 74.86 | 21.29 | 8.45× |
| LGEINDIALG Electronics India Limited | Consumer Durables | ₹1,697 | +2.66% | 86 | 61.38 | 28.08 | 2.86× |
| WSTCSTPAPRWest Coast Paper Mills Limited | — | ₹768.30 | +7.24% | 85 | 77.84 | 58.45 | 1.97× |
| NRBBEARINGNRB Bearing Limited | — | ₹525.50 | +11.29% | 85 | 64.09 | 28.02 | 26.09× |
| NAZARANazara Technologies Limited | Infrastructure | ₹369.35 | +1.88% | 85 | 57.92 | 26.35 | 1.79× |
| IBULLSLTDIndiabulls Limited | — | ₹30.39 | +2.50% | 85 | 69.37 | 16.43 | 2.08× |
| ACUTAASAcutaas Chemicals Limited | Pharma | ₹3,440 | +3.78% | 85 | 58.42 | 14.49 | 1.90× |
| PAISALOPaisalo Digital Limited | Financial Services | ₹89.51 | +0.88% | 84 | 83.58 | 37.39 | 1.77× |
| JYOTICNCJyoti CNC Automation Limited | — | ₹1,050 | +7.02% | 84 | 64.45 | 28.51 | 4.14× |
| ANANDRATHIAnand Rathi Wealth Limited | Financial Services | ₹2,229 | +1.00% | 84 | 61.53 | 31.25 | 4.35× |
| TATVATatva Chintan Pharma Chem Limited | Chemicals | ₹1,770 | +3.54% | 83 | 62.78 | 19.50 | 1.74× |
| SAMBHVSambhv Steel Tubes Limited | Metal | ₹147.57 | +14.32% | 83 | 72.07 | 37.03 | 16.58× |
| COMSYNCommercial Syn Bags Limited | — | ₹306.55 | +4.62% | 83 | 66.88 | 32.94 | 2.16× |
| TBOTEKTBO Tek Limited | — | ₹1,711 | +3.82% | 82 | 56.19 | 23.50 | 1.51× |
| YATHARTHYatharth Hospital & Trauma Care Services Limited | Healthcare | ₹1,140 | +6.26% | 81 | 80.25 | 46.29 | 10.32× |
| SHAREINDIAShare India Securities Limited | Financial Services | ₹228.15 | +4.45% | 81 | 83.95 | 40.48 | 3.55× |
3 · Backtest — Nifty 50 stocks since 2014
1,596
Trades
54.8%
Win rate
+1.29%
Average trade
1.5
Profit factor
18.8d
Avg holding
+2.0%
Median CAGR / stock
Buy & hold +15.8%
-30.8%
Median max drawdown
Buy & hold -53.7%
20.6%
Time in market
2.0%
Stocks where it beat B&H
🛡️ Robustness — Volume multiple
The published rule uses 2.0. If the edge vanishes one step either side, it was probably fitted to history.
| Volume multiple | Trades | Win | Avg trade | PF | Median CAGR |
|---|---|---|---|---|---|
| 1.5 | 2230 | 54.4% | +1.16% | 1.44 | +2.4% |
| 2.0 | 1596 | 54.8% | +1.29% | 1.5 | +2.0% |
| 3.0 | 821 | 58.1% | +1.95% | 1.89 | +2.2% |
Robust The average trade is positive at every tested setting. Profitable average trade in 76.9% of years with 5+ trades.
📅 By year (walk-forward view)
| Year | Trades | Win | Avg trade |
|---|---|---|---|
| 2014 | 110 | 61.8% | +3.54% |
| 2015 | 98 | 38.8% | -2.01% |
| 2016 | 83 | 53.0% | +0.18% |
| 2017 | 157 | 54.1% | +0.82% |
| 2018 | 118 | 52.5% | +0.54% |
| 2019 | 108 | 59.3% | +0.89% |
| 2020 | 142 | 59.2% | +4.62% |
| 2021 | 161 | 61.5% | +2.90% |
| 2022 | 135 | 43.7% | -1.05% |
| 2023 | 131 | 62.6% | +2.64% |
| 2024 | 157 | 60.5% | +1.73% |
| 2025 | 112 | 50.9% | +0.35% |
| 2026 | 84 | 44.0% | -0.88% |
Most recent trades in the test
| Stock | Entry | Exit | Return |
|---|---|---|---|
| ADANIPORTS | 2026-09-10 | 2026-09-18 (open) | +2.27% |
| COALINDIA | 2026-09-03 | 2026-09-18 (open) | -3.06% |
| KOTAKBANK | 2026-08-27 | 2026-09-18 (open) | -0.98% |
| BAJAJ-AUTO | 2026-09-02 | 2026-09-16 | -6.62% |
| TITAN | 2026-08-11 | 2026-09-08 | -2.45% |
| GRASIM | 2026-08-10 | 2026-09-07 | -0.26% |
| SBIN | 2026-08-10 | 2026-09-03 | -7.32% |
| SHRIRAMFIN | 2026-08-07 | 2026-09-02 | -7.77% |
| BAJAJFINSV | 2026-08-03 | 2026-08-31 | -3.36% |
| BAJFINANCE | 2026-08-03 | 2026-08-31 | -9.27% |
| M&M | 2026-08-03 | 2026-08-31 | -4.38% |
| JIOFIN | 2026-08-03 | 2026-08-28 | -8.41% |
| INFY | 2026-07-30 | 2026-08-27 | -4.30% |
| WIPRO | 2026-07-31 | 2026-08-27 | -4.25% |
| NESTLEIND | 2026-07-23 | 2026-08-20 | -1.40% |
4 · Risk
News-driven spikes can fully reverse; results vary a lot by stock.
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 close makes a new 20-day high and volume is above 2 times its 20-day average. Sell when close falls below the 20-day low.
🔗 Other breakout strategies
⚠️ 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.
