Momentum Breakout Scanner
A daily NSE stock scanner that scans over two years of Bhavcopy data and finds momentum breakouts stocks for next trading session and saves them as an Excel report.
Discover Tomorrow's Breakout Stocks Before They Explode.
The Momentum Breakout Scanner is a powerful Python-based tool that analyses 2+ years of historical NSE equity Bhavcopy data to identify stocks showing strong momentum, rising volume, tight consolidation and potential breakout setups for the next trading session.
After each market close, run the scanner to generate two actionable watchlists in a professionally formatted Excel report. Quality Breakouts highlights stocks that have already broken key resistance levels with strong volume, ranked by momentum score. Stocks To Watch identifies stocks approaching potential breakout levels before they happen.
Each report includes key technical metrics, breakout strength, volume analysis, ATR-based stop-loss and three target reference levels, helping you evaluate opportunities and plan your trades more efficiently without manually scanning hundreds of stocks.
Buy once and use it without monthly fees. Get the complete downloadable Python scanner with a step-by-step setup guide. No broker account, paid API or TradingView subscription required. Simply run it after market hours and prepare your watchlist for tomorrow.
Why traders choose the Momentum Breakout Scanner
Minutes, not hours
Instead of flipping through hundreds of charts every evening, you run one scan and open one Excel file. The daily routine is three short steps.
Clear, rule-based filters
A stock must be in an uptrend, liquid, volatile enough and coming out of a tight base before it can appear. The rules are written down, so you always know why a stock is listed.
Breakouts and a watchlist
Quality Breakouts show what has already broken its pivot on strong volume. Stocks To Watch shows what is close, so you can prepare for the next session.
Reference stop and targets
Each breakout comes with an ATR-based stop-loss and three target levels, sized to that stock’s own volatility. They are mechanical reference points, not forecasts.
No broker, no API key
It reads public NSE Bhavcopy files. Nothing connects to your broker, and the data stays on your own computer.
Pay once, no subscription
A single payment gets you the package, free updates for version 1.x and email support for setup issues.
Tune it your way
Volume thresholds, pivot lookback, breakout distance and watchlist distance are simple settings in a .env file, with sensible defaults to start with.
Built for beginners
The guide takes you from the downloaded file to a working daily scan, with no coding knowledge assumed.
Highlights
- Finds momentum breakouts across NSE stocks from the daily Bhavcopy
- Also builds a Stocks To Watch list of potential breakouts for the next session
- Ranks breakouts with a score and gives ATR-based stop-loss and three target levels
- Saves a formatted Excel report with plain-English explanations under every table
- Built in Python, runs on Windows, Mac or Linux
- Reads public NSE data: no broker account, API key or TradingView subscription
- Settings in a simple .env file, so you can tune the filters yourself
- Delivered as a downloadable package
Features in detail
Speed and cost
- Written in Python, with a fast cached database after the first run
- Uses free public NSE Bhavcopy files, so there is no data subscription to buy
- No broker account, API key or TradingView subscription needed
- About 15 minutes of setup, plus about 20 minutes of unattended data download the first time
Scanning
- Cleans and combines the daily Bhavcopy for all NSE equity (EQ) stocks
- Keeps only stocks in an uptrend (close above EMA 20, EMA 20 above EMA 50)
- Filters for liquidity, enough volatility and a tight 10-day base
- Pivot is the highest high of the previous 40 days, with no look-ahead
Signals and levels
- Quality Breakout: closed above the pivot, not too far above it, on strong volume
- Stocks To Watch: still just below the pivot with normal or better volume
- Breakouts ranked by a score built from volume, movement and closeness to the pivot
- ATR-based stop-loss and three target levels as mechanical reference points, not forecasts
The Excel report
- Two sheets: Quality_Breakouts and Stocks_To_Watch
- Every column explained in plain English below each table
- A short checklist on the watchlist sheet for what to do next
- One dated file per day in the output folder
Setup and operation
- Daily routine: open the terminal, download the day’s Bhavcopy, run the scanner
- Run once a day after 7:00 PM IST; your computer does not need to stay on all day
- Thresholds and folders set in a .env file, with sensible defaults
- Does not place orders and never connects to your broker
How it works: from purchase to your first trade
Buy and download
Pay securely with Razorpay Checkout and download the package straight away.
Install Python and the packages
Install Python 3.10 or newer, unzip the project and install the packages with one command, as shown in the setup guide.
Download the history once
Download about two years of Bhavcopy files. It takes around 20 minutes the first time and can run on its own.
Scan every trading day
After 7:00 PM IST, download the day’s Bhavcopy, run the scanner and open the Excel report.
Is this bot right for you?
A good fit if you are
- Swing and positional traders who look for breakouts in NSE stocks
- Traders who want a repeatable end-of-day routine instead of manual chart scanning
- Anyone comfortable following a short setup guide and running a command each day
- Traders who prefer a scanner with no broker connection or subscription
Probably not for you if
- Anyone expecting guaranteed or risk-free profit, which no scanner can offer
- Traders who want a bot that places orders automatically, because this tool only produces a report
- Anyone who needs live intraday signals, because it works on end-of-day data
Markets and brokers
- Instruments
- NSE, BSE, EQUITIES
- Version
- 1.0.0 (updated )
What you need
- A Windows, Mac or Linux computer with Python 3.10 or newer
- An internet connection to download NSE Bhavcopy files
- Excel or a similar program to open the .xlsx report
- No broker account, API key or TradingView subscription is needed
What you get
- Complete scanner package
- Setup and run guide
- Daily routine sheet
- Email support for setup issues
Frequently asked questions about the Momentum Breakout Scanner
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Trading involves a high risk of loss and is not suitable for everyone. This bot is software, not investment advice, and does not guarantee profit. Check your broker's or exchange's current rules on automated trading, and the tax and legal rules that apply to you, before using it with real money. See the risk disclaimer and terms.