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How to Use Intraday Index Charts Scout

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.

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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.

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📌 Note: ProfitScout does not provide buy/sell calls – use these levels with your own strategy.

How to Use Index Movers Scout

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.

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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.

How to Use Index Option Scout

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.

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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.

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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.

How to Use FnO Scout

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.

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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.

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

How to Use Cash Scout

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.

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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.

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

How to Use Smart Money Scout

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.

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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.

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

How to Use Reversal Scout

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

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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.

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Reversal Scout is better suited for Intraday Trading.

How to Use OB/OS Scout

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.

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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.

How to Use Swing Scout

Swing Scout helps you uncover swing trading opportunities using powerful breakout signals and proven technical setups. It highlights stocks showing strong multi-day momentum potential, making it ideal for traders looking beyond intraday moves.

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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.

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Swing Scout is best suited for traders looking for short term trades and wanting to identify stocks forming strong momentum and breakout patterns.

How to Use OI Scout

OI Scout helps you analyze Nifty and BankNifty option chains with real-time Open Interest (OI) activity, price changes, and trend clarity — all in one view. It overlays a live index graph above the option chain, making it easier to understand trend direction and how the current index level aligns with OI shifts.

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OI Scout contains two separate sections:

  • Nifty Option Chain

  • BankNifty Option Chain

Each section displays:

  • A live index line graph showing the market trend.

  • The latest ATM (At-The-Money) level highlighted inside the option chain.

  • Real-time option chain data to help you evaluate sentiment, buildups, and intraday behavior.

How to use the Option Chain

  • Strike Price – The strike levels for Nifty/BankNifty options.

  • OI (Open Interest) – Total number of outstanding contracts, showing market positioning.

  • OI Change – Increase/decrease in OI compared to the previous reading, helping detect buildups and unwinding.

  • LTP (Last Traded Price) – Current trading price of the option contract.

  • Price Change – Change in LTP compared to the previous close, indicating strength or weakness in price movement.

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Traders can use OI Scout to quickly gauge market sentiment by comparing the ATM level with nearby strikes. They can identify short covering, long buildup, long unwinding, and short buildup by observing shifts in OI and OI Change values.

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The integrated index graph helps traders align option chain activity with the underlying trend, making it easier to confirm market direction.

Switching between Nifty and BankNifty enables traders to analyze momentum and positioning across both major index markets.

How to Use Sector Scout

Sector Scout provides a dynamic real-time heatmap of Nifty 500 stocks, helping users quickly identify trending sectors. This information supports intraday trading decisions and portfolio management through sector analysis.

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Interval – Choose 5m or 15m to control how frequently the sector heatmap is updated.

By scrolling down, users see a bar graph ranking sectors based on live market performance. The strongest sector is displayed at the top and sub-components of the sectors are shown as a list.

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How to Use the List:

  • Symbol - Shows the name of the stock

  • 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.

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