Hi @karanshah137 — happy to do a full breakdown. Here goes.
What Finmagine Trader Does
It’s a Chrome extension that runs 5 momentum screeners across 2,000+ NSE stocks in parallel and presents the results across 7 strategy tabs — in under 10 seconds, every trading day. No ChartInk setup,
no manual scanning, no account needed.
The core insight is intersection logic: a stock appearing in Stage 2, simultaneously near its 52-week high, and trading on above-average volume is structurally different from one passing only a single
filter. The tool computes those intersections automatically.
The 7 Tabs — Methodology & Rules
Tab 1 — All Three (Highest Conviction)
Rules: Stage 2 + Near 52W High + High Volume — all three simultaneously
This is the daily shortlist. On a typical trading day it returns 4–8 stocks. These are names where:
- An institutional uptrend is confirmed over months (Stage 2)
- No sellers are trapped above current price (Near High)
- Institutional buying is active today (High Volume)
Three independent signals agreeing simultaneously is rare. This tab is where to start every morning.
Use case: Daily focus list. Not for browsing — for deep chart review of each name.
🚀 Tab 2 — Stage 2 + Near High
Rules: Price above rising 50/150/200 SMAs in proper alignment AND within 2% of 52-week high
Stage 2 without the volume confirmation. The uptrend is established and the price is at discovery territory — no overhead supply — but the volume surge hasn’t fired yet. ~36 stocks typically.
Use case: Swing trade watchlist (2–10 day holds). These are the cleanest setups — confirmed uptrend, no resistance above. Watch for a volume confirmation day to trigger entry.
Tab 3 — Stage 2 Full Universe
Rules: Close > SMA-50 > SMA-150 > SMA-200, all three SMAs rising, SMA-200 trending up (Stan Weinstein Stage 2 definition)
The broadest scan — the full momentum landscape. ~153 stocks typically.
Use case: Positional watchlist building. Browse here when you want longer-term candidates — stocks where institutions have been accumulating over months. Many of the Tab 1 and Tab 2 names will
graduate from here.
Tab 4 — Near 52W High
Rules: Daily close within 2% of 52-week high (no Stage 2 requirement)
Every investor who held this stock for the past year is in profit → zero overhead supply from trapped sellers. ~59 stocks typically.
Use case: Breakout watch. Stocks here are knocking on price discovery territory. The Stage 2 filter isn’t required, so this catches names that are strong on price alone — useful when a stock is
powerful but younger than 200 days of SMA history.
Tab 5 — High Volume
Rules: Volume > 20-day SMA of volume AND price up >1% AND non-F&O stocks only
The F&O exclusion is deliberate. Derivative-heavy stocks have volume driven by rolls, hedges, and options activity. Non-F&O cash-market stocks with a volume surge represent cleaner institutional
accumulation. ~62 stocks typically.
Use case: Intraday attention list. When volume and price agree in a non-derivative stock, large buyers are active today. Cross-reference with Tab 3 to see if it’s also in an uptrend.
Tab 6 — VCP Breakout (Minervini Setup)
Rules: MCap ≤ ₹30,000 Cr + price above SMA-50 and SMA-200 + RSI > 50 + non-F&O + successive volatility contraction pattern
Mark Minervini’s Volatility Contraction Pattern — small-caps where price range is tightening in successive bases, indicating supply absorption by institutions before a breakout. ~32 stocks typically.
Use case: Positional asymmetric plays. These are the setups where a 20–30% move can happen in a few weeks if the breakout is real. Smaller position sizes, clear stop at the base low.
Tab 7 — IPO Breakout (Zero Baggage)
Rules: No SMA-200 (listed within ~10 months) + within 2% of 52-week high (= all-time high for recent listings) + volume > 20-day average + volume > 50,000 + price ≥ ₹20 + MCap > ₹200 Cr
The most specialised tab. Zero results is the correct and most common output — the scanner is silent until all three conditions align simultaneously on a recently listed stock. When it fires, the
structural advantage is unique: no prior buyers exist above the current price. Pure price discovery with zero overhead supply.
Use case: Rare, high-attention setups. Position size at 50–70% of normal (no SMA anchors for stop placement). Stop at the base low. Requires chart review to distinguish a constructive base from a
damaged listing.
Practical Morning Workflow
- Open Trader → go straight to Tab 1 (All Three)
- Pull up TradingView charts for each name (TV button on every row)
- If Tab 1 is empty (common) → check Tab 2 (Stage 2 + Near High) for the near-trigger setups
- Once a week, browse Tab 3 to build your longer-horizon watchlist
- Check Tab 7 (IPO Breakout) last — if it’s populated, drop everything and look at those charts
Deep Dives
Each tab has a dedicated article in the tutorial series:
- Full intro + all tabs: Introducing Finmagine Trader
- All Three signal methodology: Article 2
- Stage 2 deep dive: Article 3
- VCP Breakout methodology: Article 4
- TradingView export workflow: Article 5
- IPO Breakout architecture: Article 6
Hope that covers everything. Happy to go deeper on any specific tab.
Green (Strong) │ ≥ 15% │ ≥ 15% │
Amber (flagged low) │ — │ — │
Red (Concern) │ < 5% │ any concern │
