CANSLIM
William O'Neil's seven tests, applied to companies' own NSE filings and to prices. Computed 25 Aug 2026, 15:38 IST.
M — Market direction
Market in correctionThe index is below both its fifty and two-hundred day averages.
O'Neil's instruction in a correction is to sit it out. The list below is companies passing on their own characteristics — a watchlist for when the market turns, not a buy list for today.
- NIFTY 50
- 24,175.65
- 50-day average
- 24,208.19
- 200-day average
- 24,652.01
- Distribution days
- 0 in five weeks
What can be judged today
3 of the six letters describing a company cannot be evaluated for most of the 2,275 companies scored. Those letters are not failing — they have no data behind them, and a company needs at least four of its six measured before it can qualify.
- C — judged
- 7/2,275
- A — judged
- 0/2,275
- N — judged
- 2,133/2,275
- S — judged
- 2,129/2,275
- L — judged
- 2,006/2,275
- I — judged
- 0/2,275
- C needs five filed quarters. The filing archive is still being backfilled.
- A needs eight filed quarters, sixteen for the full three-year comparison. Nothing but the backfill fixes this.
-
I
needs the ownership sweep. Run
php artisan market:ownership --sync.
Demand only the letters you want
The seven are not equally answerable from this archive. A company with two years of filed quarters cannot be judged on "A" at all, and demanding all seven would drop it from a screen it might well belong on. Tick the letters that matter for the question you are actually asking.
| Company | C | A | N | S | L | I | M | Passed | Market cap |
|---|---|---|---|---|---|---|---|---|---|
|
No company qualifies yet, and it is not because the market has none — it is that C, A and I have no data behind them for most companies. The panel above says what to run. In the meantime you can still screen on the letters that are measured — try N and S and L. |
|||||||||
A ? is not a near miss — it means the data to judge that letter is not here. Earnings letters come from the companies' own XBRL filings with NSE, and the archive is still being backfilled, so a company with fewer than eight filed quarters cannot be scored on annual growth at all. Thresholds are O'Neil's own, drawn from US markets between the 1950s and 1990s; they are conventions, not laws, and this is a screen rather than a recommendation.