Earnings beat, regulatory approval, major contract win, or M&A news announced after market close or before open.
Stock trading within 5% of its 52-week high — shows strong underlying demand and institutional accumulation.
RSI in momentum zone — strong but not overbought. Avoid RSI > 80 which signals exhaustion risk.
Price above both moving averages signals a healthy uptrend. Ideal when 50-DMA is also above 200-DMA (golden cross).
Recent session volume at least 2× the 20-day average. High volume confirms conviction behind any price move.
Stock broke above a key resistance or Pivot R1 level in the last 1–3 sessions with meaningful volume.
Foreign or domestic institutional investors net buying in the sector or the specific stock in recent sessions.
Sector index (e.g. Nifty IT, Nifty Bank) showing strong momentum. Rising tides lift individual stocks.
US markets (S&P 500, Nasdaq), SGX Nifty, and Asian markets trending up before NSE open.
Promoters offloading stake or heavy institutional selling in last 2 weeks — gap-ups in these are often traps.
01
Check Global Cues
SGX Nifty, Dow Futures, Nasdaq. Takes 5 min every morning.
02
Scan Announcements
NSEIndia.com → Corporate Announcements from last 24 hours.
03
Run Screener
Apply momentum + volume + RSI filters on Screener.in or Trendlyne.
04
Score Each Stock
Use this checklist. Only trade setups scoring 6+ points.
05
Set Levels
Mark entry, stop-loss, and target before the session opens. Never chase.