How to use StockLearn Stock Breakout Scanner

01Getting started

Sign up with your email and you start on a free trial — no card needed to begin. Once you log in, you land on the daily dashboard: every NSE stock the scanner covers, each with a one-word verdict, a strength rating, and the key signals laid out in columns. There is nothing to install and nothing to configure — the latest scan is already loaded.

The data refreshes after market close each trading day, so when you log in during the evening or the next morning, you are looking at the most recent completed session.

02Reading the verdict

The fastest way to use the tool is to read the verdict column. Every stock is reduced to one of a few plain-English calls so you do not have to interpret raw indicators yourself:

• 🟢 Bullish Setup — multiple signals are lining up in the same direction; the stock is showing technical strength.
• 🟡 Caution — a partial or early picture; some signals are present but not enough to call it a clean setup.
• ⚪ Neutral — no clear directional edge right now.
• 🔴 Avoid — the technicals are weak or breaking down.

You can scan a whole sector in seconds just by looking at the colour of the verdicts.

03Signal strength & the why

A verdict on its own is a starting point; the strength rating tells you how much is backing it. More confirming signals means a stronger rating — a setup where momentum, trend, and volume all agree is more convincing than one resting on a single indicator.

Open any stock’s row and you see which signals fired and which did not — RSI, EMA trend, MACD, volume, proximity to its 52-week high. This is the “why” behind the call, so you are never trusting a black box. A Bullish Setup with five signals aligned reads very differently from one with the bare minimum.

04Understanding stages

Beyond “is it moving,” the scanner tells you where in its lifecycle a stock is — using the four-stage framework popularised by Stan Weinstein, read from the stock’s position against its weekly trend:

• Stage 1 — Basing. Coming out of a decline, building a floor. Watch, do not chase.
• Stage 2 — Advancing. The markup phase — price above a rising trend. This is where Bullish Setups belong.
• Stage 3 — Topping. Momentum stalling after a run; distribution. Be careful adding here.
• Stage 4 — Declining. Falling below a declining trend. Strength here is usually a trap.

The practical takeaway: a Bullish Setup in Stage 2 is buying into strength; the same signals in Stage 4 are usually buying into a falling knife. The stage gives the verdict its context.

05Daily vs weekly

The tool runs two scans on two timeframes:

• The daily scan (the default dashboard) reacts to the latest session — it is your day-to-day read.
• The weekly scan (the Weekly page) rolls the daily data into weekly bars and reads the bigger trend. It updates once a week, after Friday’s close, and changes far less often.

Think of the weekly as the trend filter and the daily as the timing. A daily signal that also has the weekly trend behind it is higher-conviction than a daily signal fighting the larger trend.

06The “Both Bullish” tag

When a stock is a Bullish Setup on the daily and bullish on the weekly, it earns the 🔥 Both Bullish tag — the highest-conviction signal the tool produces, because the timing and the trend agree. The fastest high-quality shortlist is simply to filter for Both Bullish and start your research there.

07Using the filters

The filter strip at the top narrows the list to exactly what you care about. Stack as many as you like:

• Index — Nifty 50, Nifty Junior, broader NSE, or ETFs.
• Cap tier — from large-caps down to micro and nano.
• Sector — jump straight to Banking, IT, Pharma, Defence, and so on.
• Stage — show only Stage 2 advancers, for example.
• Verdict / signal type — only Bullish Setups, only fresh setups, high-volume, near resistance, and more.

Only stocks passing every active filter stay on the list, so a few clicks turn ~2,000 stocks into a focused shortlist. Use the search box to jump to any specific stock by name or symbol.

08Direction tags

Today’s verdict is compared with the previous one so you see movement, not just a static label:

• NEW — a setup that just appeared.
• WATCH / UPGRADED — a stock that just improved its verdict.
• HELD — an existing setup still in place.
• EXIT — a setup that has broken down.

If you only have a minute, the NEW and UPGRADED tags surface what changed since yesterday.

09Charts & fundamentals

Each stock row has quick links to view its chart and its fundamentals on external sites, so you can confirm what the scanner is showing before you act. These open in a new tab and are provided purely for your convenience — the tool is independent and not affiliated with those sites.

10A simple daily routine

A practical way to use the tool in a few minutes each evening:

• 1. Open the daily dashboard and filter for Both Bullish (or Bullish Setups in Stage 2).
• 2. Narrow by the sectors or cap tiers you actually trade.
• 3. Glance at the NEW and UPGRADED tags to see what just changed.
• 4. For anything interesting, open the row to read why, then check the chart link.
• 5. Once a week, cross-check your shortlist against the Weekly page to make sure the bigger trend agrees.

That is the whole loop: shortlist by verdict and stage, confirm with the why and the weekly, then do your own research before any decision.

11Good habits & cautions

• Signals are a starting point, not a trigger. Use them to find candidates, then form your own view.
• Mind the stage. The same signals mean very different things in a Stage 2 advance versus a Stage 4 decline.
• Let the weekly temper the daily. A daily setup against the weekly trend is lower-conviction.
• Cross-check the data. Always confirm against your broker or the official exchange before acting.
• Manage risk. No screen replaces position sizing, stops, and your own plan. Markets carry real risk.

Questions? See the disclaimer for the full risk disclosure, or contact us — we are happy to help you get the most from the tool.