If you are into intraday trading in India, you already know the excitement when a stock finally breaks above resistance or below support. The challenge is catching these breakouts early without wasting time on noisy moves. That’s where a breakout scanner becomes essential. In this article, we will explore what breakout scanners are, how they work, the best tools available in India, and practical strategies to use them effectively.
What is a Breakout and Why Scanners Matter?
A breakout occurs when price moves strongly beyond resistance or support, usually with high volume and potential follow-through. Traders rely on scanners because they:
➤ Continuously monitor thousands of NSE/BSE stocks in real time.
➤ Identify breakouts at key levels like Opening Range (ORB), previous day highs/lows, or 52-week highs.
➤ Provide alerts instantly so you can act without delay.
Key Features of a Great Intraday Breakout Scanner
➤ Real-time or near real-time data with instant alerts through push notifications, emails, or pop-ups.
➤ Custom logic building to combine price action, volume, VWAP, ATR, or moving averages.
➤ Support for intraday timeframes like 1-minute, 5-minute, or 15-minute charts.
➤ Backtesting or replay features to test your breakout strategies.
➤ Clean and interactive charts for better decision-making.
Best Breakout Scanners for Intraday in India
1) Chartink
Chartink is one of the most widely used scanners in India. It offers:
➤ A large library of community breakout scans like “Short-term breakouts,” “15-minute breakouts,” and “Price & Volume Breakouts.”
➤ Real-time alerts through its paid version, helping traders act quickly.
➤ A simple rule-builder where you can customize filters.
Pro tip: Subscribe to a 15-minute breakout scan, add a volume spike condition, and route alerts to your email or mobile for faster execution.
2) TradingView
TradingView is known for its powerful charting tools and flexible stock screener.
➤ Provides filters based on liquidity, price action, and technical indicators.
➤ Community-created breakout indicators and scripts available.
➤ Alerts can be tied to trendlines, drawings, or price levels, which is very useful for intraday trading.
Pro tip: Use TradingView to screen F&O stocks, apply breakout scripts, and combine them with volume alerts for accuracy.
3) Trendlyne
Trendlyne is excellent for prebuilt breakout watchlists.
➤ Features “Positive Breakouts” such as SMA-50/200 crossovers.
➤ High-volume and price breakout lists updated throughout the trading day.
➤ Alerts and expert templates make it easier to filter quality stocks.
Pro tip: Start your day with Trendlyne’s breakout lists to build a focused watchlist before market open.
4) IntradayScreener
IntradayScreener is perfect for traders who use Opening Range Breakout (ORB).
➤ Provides an ORB scanner that defines range in the first 15 minutes.
➤ Allows filters like minimum average volume to avoid illiquid stocks.
➤ Ideal for traders who rely on early-morning breakout momentum.
5) Screener.in
Although Screener.in is mainly for fundamentals, it is still useful for breakout trading.
➤ Many shared screens highlight stocks near breakouts.
➤ Helps combine strong fundamentals with technical breakouts.
➤ Best used for pre-market preparation before executing trades on a charting tool.
6) ScanX
ScanX is a modern option offering India-focused scanning.
➤ Comes with 50+ readymade screeners including breakouts.
➤ Provides heatmaps and dashboards for quick market overview.
➤ Effective for building quick intraday breakout watchlists.
Practical Breakout Strategies You Can Scan For
A) Opening Range Breakout (ORB – 15 Minute)
➤ Define the first 15-minute high and low as the opening range.
➤ Buy if price breaks above the range with 1.5x average volume and above VWAP.
➤ Exit if price closes back into the range.
B) Previous Day High Breakout
➤ Enter when stock crosses previous day’s high with 2x intraday volume.
➤ Avoid chasing extended moves far above VWAP.
➤ Trail stop below VWAP or breakout candle.
C) 52-Week High Breakout
➤ Focus on stocks within 1–2% of a new 52-week high.
➤ Confirm with intraday EMA alignment (EMA20 > EMA50) and RSI > 60.
➤ Great for momentum continuation setups.
D) Consolidation Breakout (NR7 / Bollinger Squeeze)
➤ Look for a tight consolidation range with low volatility.
➤ Enter on breakout with a strong surge in volume.
➤ Trail stop below the consolidation base.
Risk Management with Breakout Trading
➤ Risk a fixed 0.5–1% of capital per trade.
➤ Always place a stop loss just below the breakout level (for longs).
➤ Stick to liquid F&O stocks to avoid slippage.
➤ Do not re-enter failed breakouts—protect your capital.
Intraday Workflow for Breakout Traders
➤ 08:45–09:10 AM: Use Trendlyne’s breakout lists to create a watchlist.
➤ 09:15–09:30 AM: Run ORB scans on Chartink or IntradayScreener.
➤ 09:30–11:00 AM: Trade A+ setups using TradingView charts and alerts.
➤ Rest of the day: Look for follow-up breakouts on previous day highs or 52-week highs.
Final Verdict: Which is the Best Breakout Scanner?
If you want a single go-to option, Chartink stands out for intraday traders in India due to its ready-to-use breakout scans, custom rule builder, and real-time alerts. For the best results:
➤ Use Chartink for scanning and alerts.
➤ Combine with TradingView for chart execution.
➤ Use Trendlyne for pre-market breakout watchlists.
This three-step combo ensures you catch high-quality breakouts while avoiding noise.
✅ Conclusion: The best breakout scanner is not about one “magic” tool—it’s about creating a workflow that combines scans, alerts, and disciplined risk management. Treat scanners as your radar, not autopilot, and you’ll consistently identify profitable intraday opportunities.
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