Detect stocks breaking out of their 5-day trading range.
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Live data from NSE/BSE. Auto-refresh every 5 min during market hours (9:15 AM – 3:30 PM IST).
A Range Breakout Scanner is an online tool that helps traders identify and select stocks for intraday trading using the range breakout strategy. It scans for stocks that have crossed the high or low of the last 3, 5, 10, 30, 90 days or 52 weeks — signalling a potential continuation move in that direction.
This strategy works by detecting when a market is trading within a defined range and then identifying when it breaks out of that range. A breakout in the direction of the prior trend is called trend resumption; a breakout in the opposite direction is called trend reversal. When price breaks out of a historical range, there is a high probability the move will continue in the breakout direction.
The Range Breakout Scanner shows stocks crossing the highs and lows of the last 3 days, 5 days, 10 days, 30 days, 90 days, and 52 weeks. The columns are:
Use the 10-day breakouts filter for the best intraday trading setups. Filter stocks by the "Previous High Low and Change" column to rank by the size of the breakout. The 1-minute timeframe is used to identify real-time breakouts. Combine breakout signals with volume confirmation — low-volume breakouts are more likely to fail.
How is a breakout confirmed? A breakout is confirmed when volume rises above average on the breakout candle. Low-volume breakouts typically fail and reverse back into the range.
How do you identify potential breakout stocks? Key methods include: watching for key market trends, identifying companies with strong fundamentals and a competitive advantage, monitoring volume and price movements near key levels, and tracking relative strength versus the broader market.
What timeframe is best for range breakout trading? For intraday trading, 10-day breakouts on the 1-minute timeframe are recommended. For swing trading, 30-day or 52-week breakouts on the daily chart provide better risk-reward setups.