ScanSutra
Buying burstsSelling bursts

1 broke out on the 1 day candle · closed candles up to 1 Oct · 200 scanned

StocksectorWhenthe burst candleMoveclose on closeVolume× the 20 before · ₹ tradedDeliverytaken homeWhereat the burstAfterclosed candlesRiskfrom the close of 1 OctChecksof 6
Chemicals3 Sep19 candles ago+4.4%gapped up, closed near its high3.1× · ₹1,024 crbusiest in 13 · 2nd burst in 60not read yetNew 52-wk high7-wk baseabove 200-day avgBroke out 7 Sepwith no pause inside firstback 10.4% below the triggerand 6.0% below the stop4

passes does not pass not known yetIn order: liquid · real buying · unusual volume · strong close · good place · holding. Open a stock for the reason behind each.A setup is followed for 20 candles after its burst, then leaves the list.

A checklist, not a forecast. How often setups with more checks went on to work has not been measured, so this tab prints no success rate.