Smallcap Institutional Momentum (15m)
NSE cash smallcaps under 5000 Cr market cap, up 3%+ today while holding above daily VWAP and daily EMA 20 on triple average volume — institutional footprint intraday burst.
About This Scan
This scan hunts the sharpest move in the market's sharpest corner: smallcaps (market cap under 5,000 crore) in the NSE cash segment that are up 3% or more on the day, holding above the daily VWAP and the daily 20 EMA, and trading with three times their normal volume. Price above daily VWAP means buyers controlled the session; above the daily EMA 20 keeps intraday strength aligned with the short-term trend; the volume multiple separates genuine institutional participation from thin-tape drift. It is a 15-minute timeframe scan — run it during market hours to catch bursts as they build.
Scan Rules
Stock passes all of the below filters in the CASH segment using 15M candles:
- 1.Daily Change Percent greater than or equal to 3
- 2.Close greater than VWAP
- 3.Close greater than EMA 20
- 4.Relative Volume greater than or equal to 3
- 5.Market Cap Cr less than 5000
How To Use This Scan
- •Enter on the next 15-minute pullback toward VWAP rather than chasing the extended candle; stop below VWAP.
- •Smallcap bursts reverse hard — book partials quickly and never average down on losing intraday positions.
- •Cross-check the market cap filter's vintage (fundamentals refresh periodically) for borderline names near 5000 Cr.
Frequently Asked Questions
What is a good intraday screener for smallcap stocks?
A 15-minute scan combining day change, daily VWAP, daily EMA 20 and a volume multiple is the standard smallcap momentum template. This scan applies exactly that on NSE cash names under 5000 crore market cap.
Why require price above daily VWAP for intraday buys?
VWAP is the session's average buyer price. Trading above it means demand is absorbing supply in real time; longs taken above VWAP have the session's average holder in profit rather than underwater.