Breakout + Fundamentals Screener
Use this playbook to focus on breakouts where price strength is supported by better underlying business quality.
Overview
How to use Breakout + Fundamentals Screener
Begin with breakout quality
First check that the chart itself is strong, because even good businesses can produce poor breakout entries when the setup is messy.
Then review the business backdrop
Promote the names where the company quality makes it easier to trust continued institutional interest.
Favor alignment over one-off excitement
The best names usually show both cleaner structure and stronger business resilience, not just a news-driven price spike.
Use it to build a higher-conviction watchlist
This screener is especially useful when you want fewer but more defensible candidates.
Starter parameter guide
These are the main inputs you can tune on the page and the range to begin with when you want a clean first pass.
| Parameter | What it does | Good range to start |
|---|---|---|
| Market | Choose the exchange universe you want to scan first. | Run India and US separately. |
| Number of Stocks | Controls how many names are scanned from the selected market. | Start with 60 to 180 names. |
| Breakout Type | Lets you focus on classic 52-week highs, key-level breakouts, or both. | Start with Either, then narrow after you see the market tone. |
| Min QJ Rating | Sets the technical-plus-quality bar higher before a name qualifies. | Start around 55 to 70. |
| Min Fundamental Score | Keeps only names with healthier business quality behind the breakout. | Start around 50 to 65. |
| Min Volume Ratio | Requires stronger participation on the breakout move. | Start around 1.2 to 1.6. |
| Resistance Window | Sets how far back the screener looks when deciding what counts as a meaningful resistance zone. | Start around 80 to 120 sessions. |
| Breakout Buffer % | Allows a small tolerance above or near the level instead of demanding a huge overshoot. | Start around 0.2% to 0.8%. |
Common mistakes to avoid
Best way to use this playbook
Use the page to narrow the market quickly, then promote only the strongest chart-plus-context setups into your active watchlist or research queue.