How TrendRadar works
A plain-English guide to every number, signal, and button on the dashboard — no finance degree needed.
Overview
TrendRadar is a free, rule-based momentum screener for Nifty 500 stocks. Every day after the market closes, it downloads price data for all 500 stocks, runs a set of technical checks, and ranks them from strongest to weakest.
It doesn't predict the future. It just surfaces stocks that are currently behaving the way historically strong stocks have behaved — trending up, holding above key moving averages, and consolidating quietly before potential moves.
This is an educational tool, not investment advice. Never buy or sell a stock based solely on what you see here. Always do your own research.
The Leaderboard
The main table ranks every Nifty 500 stock by its Composite Score (highest = strongest momentum). Here's what each column means:
Composite Score
The composite score is a single number (0–100) that combines multiple momentum signals into one easy-to-compare ranking. Think of it as a "momentum health check" — the higher, the stronger.
It is built from four components:
Trend Template Score
How many of the 8 Minervini trend rules the stock passes. Passing all 8 gives the full weight.
RS Rank
Relative performance vs the rest of the Nifty 500. A stock beating 90% of peers scores highly here.
ADX (Trend Strength)
Measures how strongly the stock is trending in any direction. ADX above 25 means a real trend; above 40 means a very strong one.
52-Week High Proximity
How close the stock is to its yearly high. Stocks near new highs are often the ones that keep going higher.
The score bar on the leaderboard is min-max normalised to the current filtered list, so the top stock always fills the bar. The raw number shown is always out of 100.
RS Rank (Relative Strength)
Relative Strength compares how a stock has performed against all other stocks in the universe over the past year. It has nothing to do with the RSI indicator — this is purely about price performance.
RS 80–100
Top 20% performer. This stock has been outpacing 80%+ of peers. Most strong breakouts come from high-RS stocks.
RS 50–79
Average to above-average performance. Worth watching, but not yet showing clear leadership.
RS 0–49
Underperforming the majority. Momentum investors typically avoid these unless there's a specific catalyst.
The concept comes from William O'Neil's CAN SLIM method, popularised by Investors Business Daily. Stocks that go on to have big moves almost always show strong RS before the breakout.
Trend Template (Minervini)
The Trend Template is a checklist of 8 rules invented by Mark Minervini, a US trader who won the US Investing Championship. A stock must pass all 8 to get the tick on the leaderboard.
Here are the 8 rules in plain English:
Why does this matter? Minervini studied hundreds of the biggest stock market winners throughout history and found they all shared these properties before their biggest moves. Passing all 8 doesn't guarantee a move — but it means the stock's structure matches the pattern.
VCP Setup (Volatility Contraction Pattern)
A VCP is a specific chart pattern — also from Minervini — that appears when a stock is "coiling" before a potential breakout. Think of it like compressing a spring.
How a VCP forms:
After a strong upward run, the stock pulls back — this is the first "contraction".
It then recovers partially and pulls back again — but this second dip is smaller than the first.
This continues 2–4 times. Each pullback is shallower. Volume also dries up during the quiet phases.
A breakout above the "pivot point" (the last swing high) on rising volume is the entry signal.
On the stock detail page, TrendRadar shows the detected pivot price. If the current price has already broken above that pivot, it shows Extended — meaning the ideal entry has already passed and chasing it carries more risk.
Stock Chart
The chart on each stock's detail page shows candlestick price data with overlaid technical indicators. You can view 3 months, 6 months, or 1 year of history using the buttons in the top-left.
Tip: Click the legend labels (MA50, MA150, MA200, BBands) in the top-right of the chart to toggle each line on or off. This helps you focus on what matters.
Filters & Search
The filter bar above the leaderboard lets you narrow down the 500 stocks to exactly what you're looking for. All filters work together — the stock count on the right updates instantly.
Active filters appear as chips below the filter bar so you can always see what's applied. Click the × on any chip to remove that filter, or use "Clear all" to reset everything.
Filtered views are shareable — the URL updates automatically as you filter, so you can copy and send a link and the recipient will see the same filtered table.
Disclaimer
TrendRadar is an educational tool. All signals are rule-based and mechanical. They are based on past price data, which does not predict future returns.
This tool does not recommend buying or selling any security. Passing the Trend Template or having a VCP setup does not mean a stock will go up.
In India, providing buy/sell recommendations publicly may require SEBI Research Analyst (RA) or Investment Adviser (IA) registration under the SEBI (Research Analysts) Regulations, 2014.
Always consult a SEBI-registered adviser before making investment decisions. Never invest money you cannot afford to lose.
Ready to explore?
Head back to the leaderboard and try the filters.