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Rounding Top Scanner
| Code | Price | Chart Patterns | Chart | |||||
|---|---|---|---|---|---|---|---|---|
| 360ONE | 1091.0 | [Rounding Top] | ||||||
| 3MINDIA | 32710.0 | [Rounding Top] | ||||||
| AADHARHFC | 456.8 | [Rounding Top] | ||||||
| AARTIIND | 492.7 | [Rounding Top] | ||||||
| ACC | 1246.5 | [Rounding Top] | ||||||
| ADANIENSOL | 1373.0 | [Rounding Top] | ||||||
| ABCAPITAL | 395.0 | [Rounding Top] | ||||||
| ABLBL | 83.61 | [Rounding Top] | ||||||
| ABREL | 1281.6 | [Rounding Top] | ||||||
| ADVENZYMES | 293.4 | [Rounding Top] | ||||||
| AEQUS | 225.97 | [Rounding Top] | ||||||
| ALKEM | 5087.5 | [Rounding Top] | ||||||
| ALKYLAMINE | 1867.5 | [Rounding Top] | ||||||
| ARE&M | 813.9 | [Rounding Top] | ||||||
| AMBER | 7245.0 | [Rounding Top] | ||||||
| AMBUJACEM | 391.85 | [Rounding Top] | ||||||
| ANURAS | 1219.4 | [Rounding Top] | ||||||
| APTUS | 249.11 | [Rounding Top] | ||||||
| ACI | 470.45 | [Rounding Top] | ||||||
| ASHOKLEY | 163.75 | [Rounding Top] |
Rounding Top Scanner
What is Rounding Top?
Rounding Top is a bearish reversal chart pattern that forms gradually after an uptrend. It represents a slow shift from buying pressure to selling pressure, where price action curves smoothly from bullish momentum into bearish momentum, creating a dome-like shape at the top.
How the Rounding Top Pattern Forms
- The price rises steadily during an established uptrend.
- Momentum begins to weaken as buying pressure slows down.
- Price movement gradually flattens near the top zone.
- Selling pressure increases, forming a smooth curved decline.
- The pattern completes when price breaks below the support zone.
Trading Strategy
- Wait for a confirmed breakdown below support before shorting.
- Avoid early entries as rounding tops develop slowly and may fake out.
- Place stop-loss above the highest point of the rounding structure.
- Use volume increase during breakdown for confirmation.
Advantages
- Helps identify gradual trend reversals at market tops.
- Provides clear risk levels once breakdown occurs.
- Reflects real distribution phase behavior in markets.
- Works well on higher timeframes for reliability.
TSR Scanner Features
- Real-Time Alerts: Detects early rounding structure formation.
- Fine-Tune Filter: Combine with volume and TSR strength index for accuracy.
- Custom Tracking: Monitor selected stocks or watchlists.
- Backtesting Capabilities: Evaluate historical rounding top formations.
- Flexible Timeframes: Works from intraday to monthly charts.
- Auto Refresh: Keeps scanner updated continuously.
Fine Tune : You can customise these screeners by clicking on 'Fine Tune Filter' Option
Caution : All these screeners are crafted based on some historical scenarios which may / may notbe applicable here. We recommend to fine tune them according to current market conditions or seek expert advise before taking any decision.