The problem ·
The product ·
Day to day ·
Under the hood ·
Where it stands ·
Limits ·
Run it
BreakoutScan is an informational tool. It is not investment advice, a recommendation to buy or sell any security, or a trading system. Read what it does not do before relying on anything it shows.
01 · The problem
Following the Indian market on your own usually means keeping several things open at once: a screener for scans, a charting site, a news feed, and a spreadsheet for fundamentals. Each covers one slice, and none of them tell you whether a move has actually held.
That costs the most between 09:15 and 09:45, when there are hundreds of stocks moving and only a few minutes to decide which ones deserve a look.
02 · The product
BreakoutScan puts the routine parts of that workflow in one place: scan the NIFTY 500, watch breakouts confirm rather than just tick, check a chart, and read a news-driven shortlist, then keep a watchlist of the names you follow.
A tour of the live product (real data captured with the market closed, so it shows the last session). Watchlist and Alerts are signed-in screens, shown here with a demo list.
What's in it
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| Dashboard | Headline numbers, a breakout feed grouped by stock, market breadth, and a sector strip that expands into a gain-to-loss heatmap |
| Screener | 13 prebuilt scans over the NIFTY 500, a custom condition builder, results that open right under the scan you ran |
| Breakout engine | 12 trigger types that must confirm before they count, see below |
| AI Picks | News-driven intraday, weekly and monthly ideas with a confidence level, target, stop-loss and the headlines behind each |
| Charts | Quote bar plus an interactive chart with EMA, RSI, MACD and Bollinger overlays, and a BUY / HOLD / SELL read for the stock |
| Fundamentals | Screens for value, quality, low debt and income (P/E, P/B, ROE, D/E, dividend yield, market cap) |
| Watchlist & Alerts | Personal watchlist with live prices; per-stock breakout alerts, recorded to your history |
| Phone & dark mode | Full layout down to 320px, light by default, dark on request |
Screens
03 · How it fits a trading day
These are realistic routines, not promises of results. Each says what the tool gives you and where your own judgement still has to do the work.
- Dashboard. With the market closed the feed shows the last confirmed session and says so. See which stocks broke out, on which triggers.
- Sector strip. Expand it to see which sectors led and lagged yesterday.
- AI Picks. Skim the intraday list as a reading list. Every pick lists its sources, so you can open the headline and decide whether it still matters.
- Watchlist. Check the names you already follow.
What it gives you: a shortlist to look at. What it doesn't: a reason to enter. That's still your call.
- Run ORB Breakout Long and Volume Spike (2×) from the Screener.
- Watch the dashboard feed. A breakout only appears once it has held through its confirmation window, which cuts down on one-tick fakes (though not on all of them).
- Open the chart for two or three candidates and check the level it broke.
Limit: the live feed depends on the data source being up. The app tells you when it has fallen back or is stale.
- Watchlist shows live price, change, volume and day range for the stocks you follow.
- Alerts record a confirmed breakout for a stock you chose ("once", "every time" or "daily digest") to your alert history.
- On a chart, the AI read gives you a second opinion with the reasoning shown, useful as a prompt for your own research.
Limit: alerts are stored and visible in-app. Email / Telegram / push delivery is not built yet.
- Run Bullish EMA Crossover, Near 52-Week High, Bollinger Squeeze and Price Above SMA(200) to build tomorrow's list.
- Build a custom scan when the prebuilt ones don't fit, e.g. RSI below 40 and close above EMA(50).
- Use the results as a starting list and then read the charts.
- The Fundamentals presets ("Low PE", "High ROE", "Low Debt", "High Dividend Yield", "Undervalued Growth", "Quality Large Caps") narrow the universe to a manageable list.
- Add your own limits (P/E, P/B, ROE, D/E, dividend yield, market cap) and filter by symbol.
Limit: the figures come from Yahoo Finance, an unofficial source. Some companies have missing values (shown as "–"). Verify anything that matters against filings.
04 · What's inside
The screener
Thirteen prebuilt scans run over the NIFTY 500. Anything else can be built in the custom builder from RSI, EMA, MACD, Bollinger, ATR, ADX, volume and price conditions.
This is the beginning of the README. Read the rest at the original. Read the full README ↗
