FataFat Stock Screener: A Practical Look for Intraday Traders
For any serious intraday trader or investor in the Indian markets, sifting through the sheer volume of NSE-listed F&O equities to find actionable setups is a daily grind. Stock screeners simplify this, acting as a critical data analysis tool to filter the market noise and pinpoint stocks that align with specific trading strategies. They quickly generate lists of stocks trending for the day, week, or month, saving valuable time.
The FataFat Stock Screener aims to make this process easier for Indian market participants. It’s designed to help you quickly filter through the NSE’s F&O Equity Stock Category to find the results relevant to your trading style. The screener is free to use and focuses on a simple design, positioning itself as a comprehensive tool for day trading within the Indian stock market.
Open the FataFat Stock Screener app now to start refining your daily stock selection.
What the FataFat Screener Offers
This screener scans F&O stocks across multiple parameters for intraday and positional trading. Here’s a breakdown of its key filters:
Price Action & Volatility:
- Today’s OPEN = Today’s HIGH and Today’s OPEN = Today’s LOW: These identify strong directional moves right from the open.
- Opening GAP UP / GAP DOWN: Crucial for understanding initial market sentiment and potential continuation.
- Intraday NEW HIGH’s / NEW LOW’s: Flags stocks showing significant momentum during the trading session.
- Near Intraday High and Lows: Helps identify stocks approaching key turning points or breakout levels.
- Percent CHANGE in Price: A straightforward filter for identifying top gainers or losers.
- CMP Greater than Yesterday’s HIGH / LOW: Indicates potential breakouts or breakdowns from previous day’s ranges.
- 2 and 3-day consecutive INCREASE / DECREASE in closing price: Identifies short-term trends.
- 2 and 3-day consecutive GAP UPs and GAP DOWNs: Points to strong underlying sentiment or news flow.
Volume Analysis:
- Today’s volume compared to 3 day’s average VOLUME as a percentage: Helps in spotting unusual volume activity, often a precursor to significant price moves.
- 2 and 3-day consecutive INCREASE in trading volume: Highlights stocks with growing interest.
- Pre Opening volume strength: Gives an early indication of market sentiment before the bell.
Candlestick Patterns & Ranges:
- NR7 & NR4 candle Screener: Identifies narrow range candles, often preceding a breakout.
- Daily Inside and Doji Candles: Useful for spotting indecision or consolidation patterns.
- ABOVE / BELOW Opening Range Screener at 10:15 am: Filters stocks based on their performance relative to the initial trading range.
- ABOVE / BELOW Closing Range Screener after 2:45 pm: Helps assess strength or weakness towards market close.
Technical Indicators & Support/Resistance:
- 5 to 13 SMA daily Trend and 200 SMA Daily Candle Screener: For identifying short-term and long-term trends.
- ABOVE / BELOW Central Pivot Range, daily PIVOT Screener, and daily S1 S2 R1 R2 Screener: Essential for traders using pivot points for support and resistance.
- Near PIVOT breakout Zone Screener: Pinpoints stocks approaching critical pivot levels for potential breakouts.
Market & Sector Specifics:
- Industry Sector wise Screener: Allows you to focus on specific sectors.
- Nifty 50 Index Screener and Bank Nifty Index Screener: Helps in tracking index components.
- NIFTY and BANK NIFTY weightage Screener: For understanding index influence.
- Intraday Stock Rating Filter: Provides an additional layer of analysis.
The FataFat NSE Stock Screener also offers direct one-click access to Google Finance charts, which is a neat integration for quick analysis. This free tool is designed to assist in framing your intraday strategy, particularly for F&O Equity Stocks on the NSE.
Given its free nature and the extensive range of filters, it’s worth exploring for experienced traders looking to refine their daily stock selection process. A video tutorial is available here:
For additional information, please review the Frequently Asked Questions for the FataFat Stock Screener.