The Stochastic oscillator compares a stock’s close to its recent high-low range. A %K reading below 20 means the stock is closing near the bottom of its range — oversold and possibly due for a bounce. This scan lists NSE stocks with Stochastic %K under 20.
Traders often wait for %K to turn up and cross back above 20 (or above the %D signal line) before acting, using the oscillator to time entries within a larger trend.
Stochastic is a fast, sensitive oscillator and can stay pinned in oversold territory during strong down-moves. Use it for timing, not as a lone reason to buy.
This is a Momentum scan. AlphaGrid computes it across 2,000+ NSE-listed stocks using end-of-day and intraday price data, refreshing through the trading session. Results are ranked and can be opened in the full screener, where you can add your own conditions and set alerts.
It means the stock is closing near the low of its recent trading range — an oversold condition that can precede a short-term bounce.
Both work; Stochastic reacts faster (good for short-term timing) while RSI is smoother (fewer false signals). Many traders watch them together.
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