This scan stacks three strength filters to isolate the market’s leaders: NSE stocks above their 50-day SMA, with RSI above 60 and ADX above 25. Together these mean the stock is trending, has strong momentum, and that trend has real force behind it.
Momentum traders shortlist these leaders for continuation and breakout setups, since all three conditions point to genuine, sustained strength.
Leaders can be extended and fall hardest when momentum breaks. These are strong candidates, but entries still need a level and a stop.
This is a Combinations scan. AlphaGrid computes it across 2,000+ NSE-listed stocks using end-of-day and intraday price data, refreshing through the trading session. Results are ranked and can be opened in the full screener, where you can add your own conditions and set alerts.
Here, it must be above its 50-day SMA (uptrend), have RSI above 60 (strong momentum) and ADX above 25 (strong trend) at once — a combination that isolates the market’s strongest movers.
Each filters a different weakness: the SMA confirms trend, RSI confirms momentum, ADX confirms trend strength. Combining them removes stocks that only look strong on one measure.
AlphaGrid is a free stock screener for Indian markets. Build custom scans across 2,000+ NSE stocks with 30+ technical indicators — RSI, MACD, EMA, Supertrend, ADX, Bollinger Bands and more — backtest strategies, track portfolios, analyse option chains, and get real-time price alerts on Telegram. A free, modern alternative to Chartink and Screener.in.