Intraday Stock Screening Using NSE Screener
Introduction
Intraday trading is fast-paced and requires traders to identify high-potential stocks before or during the trading session. While the official NSE Screener is designed for end-of-day data, it can still help you shortlist intraday candidates when used correctly. In this guide, we’ll show you how to use NSE Screener (along with other free tools) for effective intraday stock screening.
Can NSE Screener Be Used for Intraday Trading?
Not directly.
The official NSE Screener provides only EOD (end-of-day) data. However, it can be used:
- Before market opens (pre-market scan)
- After market close (to build next day’s watchlist)
- To identify high-volume and high-momentum stocks
For real-time intraday screening, use Chartink (Pro), TradingView, or your broker’s terminal.
Intraday Stock Selection: What to Look For
When building an intraday watchlist, focus on:
- High liquidity (volume > 5 lakh shares)
- Breakout or breakdown candidates
- Price momentum (% change > 2%)
- Gap-up or gap-down opens
- Stocks near support/resistance levels
Pre-Market Setup Using NSE Screener
Step 1: Access the Screener
- Visit https://www.nseindia.com
- Go to Market Data > Screener
Step 2: Apply Filters
Use these filters to identify stocks showing signs of activity:
| Filter | Example Value |
|---|---|
| Price Range | ₹50 – ₹1000 |
| Volume | > 5,00,000 |
| % Change | > +2% or < -2% |
| Sector | (Optional, e.g., Banks, IT) |
Step 3: Sort the Results
Sort by % gainers, volume, or latest price to find trending candidates.
Sample Intraday Screener Logic (Using Chartink)
To make this practical, here’s a ready-to-use logic you can apply on Chartink:
textCopyEditLatest Volume > 2 * SMA(Volume, 20)
AND
Open = Low (Bullish)
AND
% Change > 2
This will show bullish intraday candidates with strong buying interest.
📌 Use this screen at 9:30 AM or 10:00 AM for early trade setups.
Alternative Intraday Tools for NSE Stocks
| Tool | Best For | Free? |
|---|---|---|
| Chartink (Pro) | Real-time screeners | ❌ |
| TradingView | Chart + alert-based scanning | ✅ (limited) |
| Fyers One / Zerodha Kite | Broker-integrated scanners | ✅ |
| Moneycontrol / NSE Market Movers | Pre-market activity | ✅ |
Key Intraday Filters to Combine
| Filter Type | Example |
|---|---|
| Volume Surge | Volume > 2x average |
| Price Action | Price > Yesterday’s High |
| Open Interest (F&O) | Rising OI + Price = Long Buildup |
| Delivery % (Previous Day) | > 50% = Strong base buyers |
| Candlestick | Bullish Engulfing, Marubozu (Manual check) |
Tips for Intraday Screener Success
- Use screener results as a starting point, not final picks
- Validate signals with charts and price action
- Don’t ignore support/resistance zones
- Trade only liquid stocks (volume > 5 lakh shares)
- Use stop-loss on every trade to manage risk
FAQs
Is NSE Screener real-time?
No. It’s updated end-of-day. Use it for planning, not live trading.
Can I use it for pre-market scans?
Yes. You can build your watchlist before 9:15 AM using previous day’s volume and price change.
Are intraday screeners available for free?
Partially. Real-time screeners like Chartink and TradingView offer free plans with limited access.
Conclusion
While the NSE Screener isn’t built specifically for intraday trading, it’s still a valuable tool for pre-market filtering and EOD strategy planning. Combine it with real-time scanning tools like Chartink, broker platforms, or TradingView to complete your intraday strategy.
Explore more strategies and custom screeners at NSEScreener.com to stay ahead of the market.
