nse-vcp-screener

Screening Indian stocks for Volatility Contraction Patterns requires analyzing NSE/BSE price action, volume, and relative strength against the Nifty 50. This Skill scans Nifty 50/200/500 stocks to identify VCP setups within Stage 2 uptrends, generating a ranked list of high-probability breakout candidates.

A Stage 2 uptrend is an upward price trend identified using Minervini's 7-point template, evaluating factors like moving average alignment and relative strength. This Skill filters Indian stocks to ensure they are in Stage 2 before checking for Volatility Contraction Patterns, ensuring alignment with proven breakout conditions.

Yes, you can use yfinance and niftystocks to find VCP setups in the Indian market. This Skill utilizes these libraries to fetch NSE/BSE stock data and analyze price action, automatically screening the Nifty 500 for Volatility Contraction Patterns and ranking them using a 0-100 composite score.

Evaluating VCP breakout candidate quality involves assessing trend strength, contraction tightness, volume behavior, pivot proximity, and relative strength. This Skill provides a composite score from 0-100 based on these five dimensions, generating structured reports that detail the VCP quality and breakout potential of each Indian stock.

This VCP screener targets stocks within the Nifty 50, Nifty 200, and Nifty 500 indices. It relies on the niftystocks library to pull the constituent lists for these specific indices, so it does not natively screen stocks outside of these benchmark groups on the NSE or BSE.