Question 1

What is ProfitScout?

Accepted Answer

ProfitScout is an AI-powered stock screening platform designed to help traders quickly spot high-probability opportunities in the live market.

We use proprietary, backtested trading systems to scan for intraday and swing setups across stocks, indices, and even options with short-covering potential.
Built by traders, for traders, ProfitScout is your smart companion to:
Identify breakout and reversal opportunities in real time
Track market strength, momentum, and sector performance
Make informed decisions based on actionable data
🔎 Important: ProfitScout does not recommend trades or provide tips — it gives you the tools and insights so you can plan trades according to your own system or strategy.

Question 2

How do subscriptions and access work?

Accepted Answer

ProfitScout can be accessed with a monthly, quarterly, or half-yearly subscription, available directly from our website.
From time to time, we run promotional campaigns offering special discounts for new and/or existing users, depending on the offer.

These offers apply only at the time of purchase and do not modify or extend the validity of any active plan already in use.

Once your payment is successful, you'll get instant access to the ProfitScout dashboard as per your selected subscription plan.
Access is limited to one device at a time per account.
You can manage your user profile anytime by clicking View Profile in the platform.

Question 3

What subscription plans does ProfitScout offer?

Accepted Answer

ProfitScout now offers four plan types to suit different trading needs:
Index Scout Plan – Focused on index-based screeners.
Stock Scout Plan – For stock-level screeners and breakout tracking.
Premium Plan – Full access to all screeners, features, and tools.
Professional Plan – Professional traders who need advanced price action indicators on TradingView.

Each plan is available in Monthly, Quarterly, and Half-Yearly options. You can choose your preferred duration directly from the Pricing page while subscribing.

Please note: For all plans, monthly refers to 30 days, quarterly to 90 days, and half-yearly to 180 days.

Question 4

How to Renew or Extend a Plan?

Accepted Answer

You can renew or extend your plan directly from your Profile section once the renewal option becomes available.

Renewal can be done before the plan expiry as follows:
Monthly plans: Up to 15 days before expiry
Quarterly plans: Up to 20 days before expiry
Half-yearly plans: Up to 30 days before expiry

If you extend the same plan before expiry, the new duration will be added to your existing validity. Your data, watchlist, and preferences will remain intact. Renewals can be completed using the same payment options available on the subscription page.

Question 5

How to Upgrade to a Higher Plan?

Accepted Answer

Upgrades are allowed only from a lower-level plan to a higher-level plan, or from a shorter duration to a longer duration (for example, Monthly → Quarterly or Half-Yearly).

The upgrade will result in your plan validity being extended based on the unused balance from your current subscription and the price of the new plan selected.

Eligible upgrade paths:
Index Scout → Premium
Stock Scout → Premium
Premium → Professional
Trial → Index Scout / Stock Scout / Premium / Professional
Upgrade limitations:
Switching between Index Scout and Stock Scout is not supported.
Moving from a higher plan to a lower plan is not available during an active subscription.

The system automatically calculates the daily rate for your current plan and extends the number of days in your upgraded plan accordingly.

Example: If you upgrade from an Index Scout – 30 days (₹1,199) plan to a Premium – 90 days (₹5,499) plan when 10 days are left in your current subscription, the system will calculate the unused portion of your Index Scout plan and extend the Professional plan's validity accordingly. In this case, the Professional plan would be extended to around 97 days. Actual duration is calculated automatically by the system at the time of upgrade.

Refund PolicyTerms & Conditions

Question 6

What is the refund or cancellation policy for subscriptions?

Accepted Answer

All ProfitScout subscriptions are prepaid and become active immediately upon payment. Once activated, subscriptions are non-refundable and cannot be cancelled before the end of their validity period.

In exceptional cases such as duplicate payments or technical errors, refunds may be processed in accordance with our Refund Policy and Terms & Conditions. Please review those sections for full details on refunds, cancellations, and related terms.

Question 7

How to Manage Plan Expiry and Access?

Accepted Answer

Once your plan expires, access to ProfitScout features pauses automatically. Your account and saved preferences (watchlist, journal, etc.) remain intact and will be restored upon renewal or upgrade.

Question 8

Is it possible to change a registered email or phone number?

Accepted Answer

Each subscription is linked to a single registered email or phone number.

For security reasons, phone numbers cannot be changed once registered.

However, users can update their registered email address directly from the Profile section in their account settings.

Question 9

How to Use Index Charts Scout?

Accepted Answer

Index Charts Scout uses advanced backtested algorithms to plot four proprietary zones on index futures charts (Nifty & Bank Nifty) right at market open (9:15 AM).
These levels remain fixed for the entire trading day – they do not shift or repaint.
When the price stays between the Red and Green zones, the strategy is to scalp with caution.
A breakout above the Green zone or a breakdown below the Red zone signals a higher-probability trade setup, helping traders capture bigger moves.
The chart also displays VWAP (Volume Weighted Average Price) — an important intraday tool used to gauge trend strength.
You can use these proprietary pivots along with VWAP to refine your intraday index trading and plan precise entries and exits.

Additional Chart Controls & Views:
Users can switch between multiple intraday timeframes — 1m, 3m, 5m, 15m, 30m, and 1-hour — to analyze price action in more detail or from a broader perspective.
A Proprietary Pivot Toggle is available on the chart. When enabled, it plots key support and resistance levels (S1, S2, S3, S4 and R1, R2, R3, R4).
These pivot levels help users identify potential support, resistance, exit points, and target zones, enhancing trade management during the session.
📌 Note: ProfitScout does not provide buy/sell calls – use these levels with your own strategy.

Question 10

How to use Index Movers Scout?

Accepted Answer

Index Movers gives real time insights into how different components of Nifty 50 and Banknifty are contributing point wise shown as a heatmap. A user can select between Nifty and Banknifty by clicking the toggle button.
Interval – Choose 5m or 15m to control how frequently the sector heatmap is updated.
 
Component analysis can be really helpful for Index analysis/trading and also gives the user an insight into planning trades in the individual components as well. On scrolling down a bar graph is shown with the top 6 Movers and Draggers of the individual index.

Question 11

How to use Index Option Scout?

Accepted Answer

Index Option Scout identifies early short covering and long buildup opportunities in Nifty and BankNifty options, helping traders catch momentum shifts before strong price movements occur. It is designed for fast, intraday decision-making and is available only under the Professional Plan.

How to Use the List
Option – Shows the Nifty/BankNifty Option contract (CE/PE) with strike price.
LTP – Last Traded Price of the option.
Volume – Live traded volume to help gauge participation and momentum strength.
Change % – Percentage change in LTP compared to the previous close.
Expiry Date – Shows the expiry of the option contract.
Added to Scout – Shows the exact time the option appeared in the list, helping identify fresh signals.
Use Load More to view additional contracts beyond the top 10.
You can sort the list by LTP, Added to Scout, Volume, or Change % for quick and efficient analysis.
IO Scout is best suited for active intraday Index Option traders looking for early signals in Nifty and BankNifty options before large price and volume moves happen.

Question 12

How to Use FnO Scout?

Accepted Answer

FnO Scout scans F&O stocks in real time during market hours to highlight the most promising opportunities. The system generates two live lists - Bullish and Bearish - using our proprietary algorithm.

How to Use the List:
Interval – Select 5m or 15m to refresh Bullish and Bearish stocks based on ProfitScout's logic. The 5m interval helps track faster momentum shifts during active market phases, while the 15m interval offers a more stable view by filtering short-term noise for intraday setups.
Symbol - Shows the name of the stock
Signal - Shows if the price is in uptrend or downtrend
Price - Current price of the stock and % change as compared to previous day closing
T% (Trend Score): T% is a proprietary tool and the following guide can be observed:
T% ≥ 2.7 indicates strong bullish momentum (up to 5.2 may signal an overbought condition).
T% ≤ 2.3 indicates bearish pressure (near 0.01 may signal oversold conditions).
Added to Scout - Shows the time stock appeared in the particular Scout.
Click Load More to view additional stocks beyond the top 10.
Use the Search Bar to quickly check if a specific stock appears in the list.

The default list shows the top 10 bullish and bearish stocks, ranked by T%. A user can sort the list by Price Change, Added to Scout, or by T% (Trend Score) for quick analysis.

📌 Tip: FnO Scout is best used for intraday trading, allowing you to spot momentum trades as they develop in real time.

Question 13

How to Use Cash Scout?

Accepted Answer

Cash Scout is designed to help users discover trading opportunities in non-F&O stocks as the market moves in real time. This tool automatically generates two lists one for bullish stocks and one for bearish stocks—based on ProfitScout's proprietary algorithm.

How to Use the List:
Interval – Select 5m or 15m to refresh Bullish and Bearish stocks based on ProfitScout's logic. The 5m interval helps track faster momentum shifts during active market phases, while the 15m interval offers a more stable view by filtering short-term noise for intraday setups.
Symbol - Shows the name of the stock
Signal - Shows if the price is in uptrend or downtrend
Price: Current price of the stock and % change as compared to previous day closing
T% (Trend Score): T% is a proprietary tool and the following guide can be observed:
T% ≥ 2.7 indicates strong bullish momentum (up to 5.2 may signal an overbought condition).
T% ≤ 2.3 indicates bearish pressure (near 0.01 may signal oversold conditions).
Added to Scout - Shows the time stock appeared in the particular Scout.
Click Load More to view additional stocks beyond the top 10.
Use the Search Bar to quickly check if a specific stock appears in the list.
The default list shows the top 10 bullish and bearish stocks, ranked by T%. A user can sort the list by Price Change, Added to Scout, or by T% (Trend Score) for quick analysis.

Cash Scout is especially well-suited for intraday and swing trading, giving traders real-time, actionable insights.

Question 14

How to Use Smart Money Scout?

Accepted Answer

Smart Money Scout finds opportunities in both FnO and non-FnO stocks during live market hours using smart filters to track volume breakouts. The system generates two live lists – Bullish and Bearish – using our proprietary algorithm.
How to Use the List:

Symbol - Shows the name of the stock
Signal - Shows if the price is in uptrend or downtrend
Price: Current price of the stock and % change as compared to previous day closing
T% (Trend Score): T% is a proprietary tool and the following guide can be observed:
T% ≥ 2.7 indicates strong bullish momentum (up to 5.2 may signal an overbought condition).
T% ≤ 2.3 indicates bearish pressure (near 0.01 may signal oversold conditions).
Added to Scout - Shows the time stock appeared in the particular Scout.
Click Load More to view additional stocks beyond the top 10.
Use the Search Bar to quickly check if a specific stock appears in the list.
The default list shows the top 10 bullish and bearish stocks, ranked by T%. A user can sort the list by Price Change or by T% (Trend Score) for quick analysis.

Smart Money Scout is ideal for both Intraday and Swing Trading, to follow where "smart money" is flowing.

Question 15

How to Use Reversal Scout?

Accepted Answer

Reversal Scout finds opportunities in both FnO and non-FnO stocks with a higher probability of giving reversal trade setups for Intraday Trading.
How to Use the List:

Interval – Select 5m or 15m to refresh Bullish and Bearish stocks based on ProfitScout's logic. The 5m interval helps track faster momentum shifts during active market phases, while the 15m interval offers a more stable view by filtering short-term noise for intraday setups.
Symbol - Shows the name of the stock
Signal - Shows if the price is in uptrend or downtrend
Price: Current price of the stock and % change as compared to previous day closing
T% (Trend Score): T% is a proprietary tool and the following guide can be observed:
T% ≥ 2.7 indicates strong bullish momentum (up to 5.2 may signal an overbought condition).
T% ≤ 2.3 indicates bearish pressure (near 0.01 may signal oversold conditions).
Added to Scout - Shows the time stock appeared in the particular Scout.
Click Load More to view additional stocks beyond the top 10.
Use the Search Bar to quickly check if a specific stock appears in the list.
The default list shows the top 10 bullish and bearish stocks, ranked by T%. A user can sort the list by Price Change, Added to Scout, or by T% (Trend Score) for quick analysis.

Reversal Scout is better suited for Intraday Trading.

Question 16

How to Use OB/OS Scout?

Accepted Answer

OB/OS generates lists of overbought and oversold stocks that have a higher chance of profit booking on both long and short trades. These lists can help users time exits from current positions or identify potential reversal setups.
How to Use the List:

Interval – Select 5m or 15m to refresh Bullish and Bearish stocks based on ProfitScout's logic. The 5m interval helps track faster momentum shifts during active market phases, while the 15m interval offers a more stable view by filtering short-term noise for intraday setups.
Symbol - Shows the name of the stock
Signal - Shows if the price is in uptrend or downtrend
Price: Current price of the stock and % change as compared to previous day closing
T% (Trend Score): T% is a proprietary tool and the following guide can be observed:
T% ≥ 2.7 indicates strong bullish momentum (up to 5.2 may signal an overbought condition).
T% ≤ 2.3 indicates bearish pressure (near 0.01 may signal oversold conditions).
Added to Scout - Shows the time stock appeared in the particular Scout.
Click Load More to view additional stocks beyond the top 10.
Use the Search Bar to quickly check if a specific stock appears in the list.
The default list shows the top 10 bullish and bearish stocks, ranked by T%. A user can sort the list by Price Change, Added to Scout, or by T% (Trend Score) for quick analysis.

Learn How PROFITSCOUT Works

Frequently asked questions