What this screen does

Scans 444 stocks every minute (Nifty 500 minus Nifty 50 — the sweet spot for intraday momentum) and shows the Top 5 Long and Top 5 Short setups right now. Every stock shown has already passed strict volume, price movement, and trend filters — not just any random price move.

Step 1 — Volume Pre-Filter

Before a stock is even considered, it must pass one of these two rules:

• Rule 1: Volume > 20× its 20-day average AND trade value > ₹4 Crore
• Rule 2: Volume > 15× its 20-day average AND trade value > ₹6 Crore

If a stock fails both rules it is completely ignored. 20× normal volume is not a coincidence — institutions are moving.

Step 2 — Minimum Movement Filter (New)

Even if volume is high, the stock must be actually moving in the right direction:

• Long candidates: Must be up at least +1.5% from yesterday's close
• Short candidates: Must be down at least -1.5% from yesterday's close

This eliminates stocks with volume but no price conviction — the most common trap for intraday traders.

Step 3 — EMA Trend Gate (New)

Price must be on the correct side of the EMA 20 to qualify:

• Long: Price must be above EMA 20 — confirms uptrend
• Short: Price must be below EMA 20 — confirms downtrend

This removes stocks that look strong intraday but are actually in a downtrend on the daily chart.

Step 4 — 7-Factor Scoring (0 to 100)

Every stock that passes all filters gets two independent scores — one for Long and one for Short.

• Range Position (25 pts) — Price near today's high = Long. Price near today's low = Short.
• RS vs Nifty (20 pts) — Stock outperforming Nifty = Long. Underperforming = Short.
• vs Open (20 pts) — Price well above open = Long. Well below open = Short.
• EMA 20 (15 pts) — Always awarded for Long (above EMA20 is now a gate, not just a bonus).
• EMA 44 (10 pts) — Price above/below the 44-day EMA for additional trend confirmation.
• EMA 90 (5 pts) — All 3 EMAs aligned = strongest trend signal.
• RVOL Bonus (5 pts) — Logarithmic volume bonus. 4× = 3.3 pts, 10× = 4.1 pts, 40× = 5 pts.

Step 5 — Time-of-Day Score Multiplier (New)

A score of 72 at 9:20 AM (opening chaos) is very different from 72 at 11:30 AM (sustained momentum). The scanner adjusts scores automatically:

• 9:15–9:30 AM × 0.85 — Opening trap risk. Score reduced.
• 9:30–11:00 AM × 1.00 — Normal scoring.
• 11:00 AM–1:00 PM × 1.10 — Lull survival bonus. Stocks holding up through the quiet period are stronger.
• 1:00–2:30 PM × 1.05 — Afternoon confirmation bonus.
• 2:30–3:30 PM × 0.90 — Late signal risk reduction.

Step 6 — Sector Cap

Maximum 2 stocks per sector in Top 5. Banking, NBFC, Finance, and Insurance are all treated as one group — so you'll never get 3 financial stocks crowding the Top 5. This forces diversification across different market themes.

What the columns mean

• Score ▲▼— — 0 to 100. The arrow shows if the score went up (▲), down (▼), or unchanged (—) compared to the previous scan. A rising score is more reliable than a stagnant one.
• RS — Relative Strength vs Nifty. +4.5 means the stock moved 4.5% more than Nifty today.
• RVOL — Today's volume ÷ 20-day average. 5× = 5 times normal volume.
• 1Min — Last one-minute candle direction and change %.
• CHG% — Change from yesterday's closing price.
• Entry — Current price at time of scan — where you would enter right now.
• Stop — Stop loss level. 1.5× ATR14 below entry (Long) or above entry (Short).
• Target — Profit target at 2× your risk (2R trade).
• Risk% — Distance from Entry to Stop as a percentage. Use this for position sizing. Lower risk% = tighter stop = larger position possible.

Signal States

• TRIGGERED (score ≥ 72) — Strong setup. All major factors aligned. Actionable right now.
• READY (score ≥ 55) — Good setup building. Watch closely — may trigger in next few minutes.
• WATCHLIST (score 35–54) — Passed volume filter but not strong enough yet. Do not enter.
• WEAK (score < 35) — Volume present but price not cooperating. Avoid.

Dashboard Banners

• ⏳ Opening range forming (9:15–9:30) — Amber banner. Signals exist but are less reliable. Wait for 9:30 before acting.
• ⚠ Nifty is down X% — Long signals unreliable — Red banner. Appears when Nifty drops more than -0.8%. In a weak market, focus on Short signals only.
• ⏸ Market Closed — Last scan at HH:MM — Amber banner after hours. Shows the last saved scan data.
• 📅 NSE Holiday tomorrow — Holiday warning banner at bottom of page.

Alerts Toggle

When Alerts is ON, you get a popup notification when a stock's score newly crosses 72 for the first time in that scan. No alert fires if the stock was already at 72+ in the previous scan — this prevents spam on every refresh. The first scan after page load is always silent (no baseline to compare against).

Alert messages are time-aware: Opening (wait), Normal (entry + stop), Late (exit only). No alerts after 3:15 PM.

When to enter a trade

• Best window: 9:30–11:00 AM and 1:30–2:30 PM. Avoid 9:15–9:30 (opening traps) and after 2:45 PM (reversals).
• Only enter TRIGGERED stocks — not READY, not WATCHLIST. If it is not Triggered, it is not ready.
• Score must be rising (▲) — a score trending down even above 72 is fading momentum. Wait for a clean ▲.
• Check the 5-minute chart — candle direction should match the signal.
• Risk% column — use this to size your position. If you risk ₹5,000 per trade and Risk% is 2%, your position size = ₹5,000 ÷ 2% = ₹2,50,000.

When to stay away

• Red Nifty Weak banner showing — avoid all Long signals.
• VIX above 20 — too volatile, stops get hit frequently. Reduce size or sit out.
• Regime = RISK-OFF — short signals only, avoid Longs.
• Breadth below 30% — market broadly weak, do not fight it.
• Score arrow is ▼ — momentum fading. Do not enter a declining setup.
• Stock already moved 6%+ — you are late. Wait for a retest.
• Earnings or major news today — volume on news is a trap, not momentum.

Stop Loss and Trailing

• Place stop at the Stop column level immediately on entry. Never move it further away.
• Once trade moves 1× ATR in your favour → move stop to breakeven (free trade).
• Once trade reaches Target (2R) → book 60% of position, trail remaining 40% with 1× ATR stop.
• Always exit before 3:15 PM. No overnight positions on intraday setups.

Trailing Stop Example

Buy HFCL at ₹215, Stop ₹211, Target ₹223 (ATR = ₹4, Risk% = 1.86%)

Step 1 — Entry ₹215, Stop ₹211 (risk ₹4)
Step 2 — Price hits ₹219 → move stop to ₹215 (breakeven, free trade)
Step 3 — Price hits ₹223 (target) → book 60%, trail remaining with stop at ₹219
Step 4 — Price hits ₹227 → trail stop to ₹223
Step 5 — Price reverses and hits trailing stop → exit with profit

Rule: Never let a winning trade become a losing trade.

Regime and Breadth

• TREND DAY + green bar — Strong directional move. Take Long signals confidently, extend targets.
• RANGE + yellow bar — Market oscillating. Book profits faster, tighter targets.
• RISK-OFF + red bar — Broad weakness. Short signals only. Reduce size by 50%.
• Breadth 70%+ — Most stocks advancing. Strong Long environment.
• Breadth below 40% — More stocks falling. Be cautious with Longs.

Log and Export

Every scan saves all stocks that passed the volume filter (typically 150–200+ stocks) to the session log. Use Export CSV for the full session or Daily Report for today only. Review after market to see which signals worked and learn your best setups.