🦶 Volume Footprint Guide

Institutional accumulation scanner · Dual criteria · Industry Rank · RS Rating · Pre-breakout setup

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Published 28 May 2026 · Free feature · Data updated daily after 5 PM IST

What the Volume Footprint Scanner Does

The Volume Footprint Scanner identifies Nifty 500 stocks where price weakness is accompanied by unusual volume activity — a combination that often precedes institutional accumulation before a breakout. It has no filters or dropdowns; it runs one focused scan every day and shows you the result set.

The two criteria that must both be true:
  1. Price ≥20% below the 52-week high — the stock is in a base or corrective phase, not extended
  2. 5-day average volume ≥1.2× the prior 15-day average — unusual volume is stepping up while price is quiet

This combination — price weakness + volume strength — is the classic footprint of institutional accumulation. Large funds cannot buy in a single session without moving price, so they accumulate quietly over days and weeks. The volume spike is the tell. The scanner surfaces that tell automatically across the entire Nifty 500 universe.

Empty state is normal: If the market has been broadly rising, this scanner may return zero results. A broadly rising market means few stocks are ≥20% off their highs. The empty state message ("No volume footprint stocks found today. Market may be broadly rising.") is expected behaviour, not a data error.

Reading the Table

ColumnWhat it Shows
SymbolBlue link to the company's stock page on Finmagine
IndustryNSE industry classification — hidden on mobile
From 52W HighHow far the stock is below its 52-week high — always red negative (e.g. -24.3%)
1W Ret1-week price return — green if positive, red if negative
1M Ret1-month price return
3M Ret3-month price return — hidden on mobile
Industry Rank#2 / 12 green = top 25% of industry   #8 / 12 grey = lower tier
RS83 green ≥70   55 amber 40–69   28 red <40
MCapMarket cap formatted as K Cr / L Cr — hidden on mobile

How to Use the Scanner

The Best Setup: Three Green Signals

The highest-conviction Volume Footprint candidates have all three of the following:

Best setup: From 52W High between -20% and -35% (not too deep) + green Industry Rank + RS ≥ 70 + positive 1W return = stock building a base with institutional interest, primed for a sector-led breakout.

Avoid the Deep Declines

Stocks showing -60% or more from their 52W high are deep in a downtrend. A volume spike on a deeply declined stock is more likely to be a trapped-bull capitulation or a distressed seller than accumulation. Focus on the -20% to -40% range where bases are being built, not stocks in free fall.

Red RS Is a Warning

A red RS badge (under 40) means the stock is underperforming most of the market on a 12-month basis. Volume spikes on RS laggards may indicate distribution — insiders or institutions exiting — rather than accumulation. The scanner flags the volume anomaly; RS tells you the direction of that volume.

Use the Return Columns as a Timeline

Compare the 1W, 1M, and 3M returns together:

Cross-Reference Before Acting

Click the symbol link to open the company's stock page. Check:

Data Source & Update Schedule

The scanner is computed daily by the industry rank pipeline, which runs after 5 PM IST each trading day using NSE bhavcopy data. The "As of" date below the table shows the last computation date. On weekends and market holidays, the date will reflect the most recent trading day.

Volume averages use the nse_delivery table which is populated from the NSE daily bhavcopy. The 52-week high is calculated from the rolling price history in the same table.

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