Scanner descriptions

Relatively Strong Stocks

Relatively Strong condition helps in finding the stocks whose performance is stronger as compared to the index Nifty. It also filters out illiquid stocks for timely entry / exit positions.

Relatively Weak Stocks

Relatively Weak condition helps in finding the stocks whose performance is weaker as compared to the index Nifty. It also filters out illiquid stocks for timely entry / exit positions.

Over Bought Stocks

Overbought condition means an extended upward movement of a stock or extended accumulation where a reversal in trend is expected in the short term. An RSI indicator can be used for confirmation of a reversal. This condition can be used for timely exits and to short the positions.

Over Sold Stocks

Oversold condition means an extended downward movement of a stock or extended distribution where a reversal in trend is expected in the short term. An RSI indicator can be used for confirmation of a reversal. This condition can be used for entering and to cover the positions in time.

Stocks above 50day Avg Volume

This condition helps in guaging the interest levels of the traders. Generally, stocks filtered with this condition displays the stocks which are of high interest in the trader community and can expect a trending movement. Stocks with low interest generally does not trend much and move sideways.