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29 May 2026 4 min read 1 views

How to Use the Breakout Scanner — A Step-by-Step Walkthrough

From login to your first profitable signal — a complete tour of our scanner's features, including AI fundamentals, watchlists, alerts, and chart analysis.

How to Use the Breakout Scanner — Step by Step

So you've signed up. Now what? Here's the exact workflow that our power users follow to find, validate, and act on breakout signals every day.

Step 1: Start with the Dashboard

After login, you'll land on the dashboard. The first tab — Breakouts — shows every stock that closed above its multi-year resistance today, with key metrics in one line:

  • Symbol + company name
  • Score (0–10) — our proprietary momentum + volume + fundamental composite
  • Price + today's % change
  • Entry / Stop Loss / Target pre-computed using our breakout candle logic
  • Volume Surge indicator (e.g., "3.2× avg")
  • Fundamental Rating (Strong / Moderate / Weak)

💡 Tip: Sort by Score (highest first). Anything 7.5+ deserves a deeper look.

Step 2: Click Any Row → Full Chart Modal

Clicking a row opens the Stock Detail Modal — this is where the magic happens:

  • TradingView-style chart with 20+ years of history, switchable timeframes (1D, 1W, 1M).
  • EMA overlays, volume profile, and live "today's candle" appended in real-time.
  • AI Analyze Chart button (right side) — runs Gemini 3 Flash to generate:
    • Short / Medium / Long-term bias
    • Key support & resistance levels (which you can pin to the chart)
    • Momentum read (RSI, MACD)
    • Volume analysis & breakout strength rating

Step 3: Validate with AI Fundamentals

Don't trade just on charts. Inside the modal, switch to the Fundamentals tab:

  • Revenue growth (3yr CAGR)
  • Profit growth + margin trend
  • ROE, ROCE, Debt/Equity
  • AI-generated bullish points + bearish points + verdict

A "Weak" fundamental rating on a chart breakout = higher failure rate. Skip it.

Step 4: Star to Watchlist + Set Alerts

Once you've decided to trade a setup:

  1. Click the ⭐ Star icon to add to your watchlist.
  2. Open the ✉️ Bell icon in the top bar and toggle Email Alerts ON.
  3. Choose alert conditions: Target hit / SL hit / Daily summary.

You'll get inbox notifications the moment your level triggers — no need to camp on the chart all day.

Step 5: Use the Risk Calculator

Before placing the order, hit the Risk Calculator:

  • Pre-filled with the AI-generated Entry / SL / Target
  • Enter your capital + risk % (start with 1%)
  • It tells you exactly how many shares to buy, total investment needed, and expected R:R

💡 Pro tip: Never deviate from this quantity. Round numbers are how accounts get blown up.

Step 6: Track in the Watchlist Tab

Once entered:

  • Watchlist tab shows your starred stocks with live LTP, % from entry, % to target, % from SL.
  • Color-coded: green when above entry, red when below SL zone.
  • "Days Held" counter for each position.

Step 7: Review Track Record + Performance

Every closed signal — won or lost — feeds into our public Track Record dashboard:

  • Win Rate, Profit Factor, Avg P&L, Expectancy
  • Comparison vs NIFTY 50 over 30D / 3M / 6M / 1Y
  • Cumulative equity curve

This builds your edge over time — you see which setups work, which timeframes work best, and adjust accordingly.

Common First-Week Mistakes

  1. Trading every signal — pick 2-3 highest score + Strong fundamental setups only.
  2. Skipping the Risk Calculator — leads to over-sized positions.
  3. Not using alerts — missing exits is the #1 P&L killer for retail.
  4. Ignoring the Approaching tab — these are stocks 2-5% away from breakout, perfect for advance positioning.
  5. Closing winners too early — once the trade hits +5%, let the trail stop do the work.

What to Do This Week

  • [ ] Login and complete the onboarding tour (it's only 3 steps).
  • [ ] Star 5-10 stocks across Breakouts + Cup & Handle.
  • [ ] Enable email alerts.
  • [ ] Practice the Risk Calculator with paper trades first.
  • [ ] Watch the Track Record dashboard weekly — let the data educate you.

Get started →


The scanner is a tool, not financial advice. Always do your own research and respect your stop losses.

Tags
#tutorial#getting-started#scanner#nse
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