open low stocks

open low stocks

by @pradipx72628ce
Open Low Stocks

Open Low Stocks

What are Open Low Stocks?

Open Low Stocks are those that open the trading day at the lowest price point they reach during that day. This can occur due to negative news released after the previous day's close or early market reactions to broader economic events. Such stocks attract attention as they may indicate either a continued downward trend or a potential for rebound if the market perceives the initial drop as an overreaction.

What do Open Low Stocks Tell Us?

Open Low Stocks typically tell us that a stock started the day with weak investor confidence, possibly due to adverse events or bearish market sentiment. Observing these stocks can provide insights into market volatility and the potential for rapid shifts in investor sentiment throughout the day. It's crucial for identifying stocks that may experience significant intraday price recovery or further decline.

Filters Used to Sort the Above Stocks

1. Open Price = Low Price 1 Day

This filter is applied to identify stocks whose opening price equals their lowest price for the day. This filter is crucial because it highlights stocks that open weakly but may not necessarily continue in the same direction. It allows traders to monitor these stocks for potential early recovery or to capture downward trends, depending on their strategy.

Key Takeaways

1. Indicator of Overselling

Open Low stocks may indicate an overselling condition at the start of the trading day. These stocks are key to watch for signs of a rebound as the market may quickly correct an initial overreaction.

2. Behavioral Insight

Tracking stocks that open at their low provides unique behavioral insights into trader reactions to overnight or early morning news. This can highlight investor sentiment extremes that are useful for predicting short-term market directions.

3. Entry Point Opportunities

Stocks opening low often provide excellent entry points for traders who specialize in contrarian strategies, as these stocks may offer significant upside if they recover during the remainder of the trading session.

4. Benchmark for Stability

Observing the recovery of open low stocks throughout the day can serve as a benchmark for market stability or recovery. A quick rebound from opening lows can signal broader market strength or resilience.

5. Confirmation of Trends

For stocks that do not recover post an open low, this can confirm a bearish trend, helping traders and investors to adjust their portfolios towards more stable assets or to increase short positions accordingly.

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intraday

Open Price
Low Price

Market Cap
500 - 20,27,410 Cr

Price
51.00 - 1,34,923.75

EMA (10, 15 Min)
Close Price

Price
Change
Price %Change
Volume
PE Ratio
Market Cap
Open Price
Low Price
Price %Change (Week)
Revenue (Yearly)
FII Holding
EMA (10, 15 Min)
692.30 101.70 17.22% 1,94,02,077 33.13 8,605 605.00 605.00 9.05% 801.36 6.17 689.22
213.00 27.90 15.07% 741 24.95 622 181.00 181.00 9.29% 84.12 0.00 198.25
496.15 45.40 10.07% 81,079 28.32 1,223 445.00 445.00 10.48% 218.60 0.00 487.87
76.79 6.98 10.00% 1,32,45,255 24.02 2,551 70.16 70.16 20.61% 4,704.57 0.48 76.20
377.45 32.80 9.52% 76,88,522 -18.59 7,794 342.05 342.05 -6.94% 4,019.95 4.38 374.79
391.60 29.95 8.28% 1,08,12,385 44.43 2,720 364.90 364.90 17.83% 1,352.98 2.27 389.45
401.45 25.70 6.84% 12,49,498 18.80 3,680 374.00 374.00 8.00% 1,482.51 2.44 399.03
174.73 8.93 5.39% 51,71,197 -50.90 3,458 166.50 166.50 -1.20% 0.87 1.84 174.30
290.90 13.85 5.00% 5,167 45.42 1,375 290.90 290.90 10.23% 240.67 0.00 290.81
440.05 20.95 5.00% 21,900 14.11 608 413.00 413.00 -5.09% 2,764.72 0.00 436.17
293.68 13.98 5.00% 15,008 31.73 504 293.68 293.68 46.72% 640.40 0.00 293.59
74.17 3.53 5.00% 1,29,896 0.60 3,031 74.17 74.17 10.24% 20,440.50 5.53 74.15
1,481.80 70.50 5.00% 49,108 18.39 1,981 1,481.80 1,481.80 27.63% 769.60 2.80 1,481.33
91.72 4.36 4.99% 42,970 -171.29 852 91.72 91.72 9.02% 0.00 1.13 91.69
335.75 15.95 4.99% 1,19,079 0.00 10,288 335.75 335.75 12.69% 408.50 1.93 335.64
154.16 7.14 4.86% 2,60,26,182 13.41 27,018 147.00 147.00 1.96% 88,667.50 3.41 153.58
391.35 18.05 4.84% 4,61,403 40.68 1,623 374.50 374.50 2.64% 4,896.23 5.05 390.79
148.65 6.73 4.74% 1,31,52,376 6.62 16,369 141.92 141.92 6.06% 13,150.70 8.34 147.80
248.30 10.40 4.37% 23,400 26.82 575 236.00 236.00 6.32% 146.83 0.16 244.87
199.96 7.75 4.03% 49,944 19.65 789 192.05 192.05 -2.93% 456.73 0.10 199.27
526.00 17.80 3.50% 1,01,791 55.88 6,793 501.00 501.00 -2.06% 2,671.62 16.18 524.61
180.40 5.72 3.27% 94,485 -46.90 1,269 174.99 174.99 -8.82% 323.25 2.43 179.79
76.84 2.26 3.03% 1,29,166 15.49 671 73.50 73.50 -1.89% 1,113.10 0.05 76.24
162.17 4.34 2.75% 40,316 3,962.50 2,220 155.00 155.00 1.68% 6.11 1.84 161.63
468.90 12.45 2.73% 26,044 15.96 939 450.00 450.00 1.81% 2,693.52 1.76 467.34