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U GDUIDioj

The document explains that the value of ₹687.4 Crore is not indicative of 'smart money' as it represents total traded turnover without distinguishing between retail and institutional buying. It outlines the necessary indicators of smart money, including price structure, volume behavior, and order flow clues. Additionally, it provides a detailed framework for creating a Chartink scanner to identify stocks with significant traded value and strong price structure indicative of institutional activity.

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cheenan1974
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© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
4 views22 pages

U GDUIDioj

The document explains that the value of ₹687.4 Crore is not indicative of 'smart money' as it represents total traded turnover without distinguishing between retail and institutional buying. It outlines the necessary indicators of smart money, including price structure, volume behavior, and order flow clues. Additionally, it provides a detailed framework for creating a Chartink scanner to identify stocks with significant traded value and strong price structure indicative of institutional activity.

Uploaded by

cheenan1974
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd



Is this value 687.4 Crore is Chailin Money????

No — ₹687.4 Cr is not “chailing (smart) money.”

Let’s decode this properly at a professional level 👇

🔹 What is this Value (Cr): 687.4?

This represents:

Total traded turnover (value) of the stock during the session

Formula:

Value=∑(Price×Volume)Value=∑(Price×Volume)

So ₹687.4 Cr means:

 Total money exchanged between buyers & sellers

 Includes both retail + institutions + HFT + arbitrage

🔴 Why this is NOT “Smart Money”

Because:

1. It is aggregated data

 Doesn’t distinguish who is buying (retail vs institution)


2. No direction

 ₹687 Cr could be:

 Heavy buying ✅

 Heavy selling ❌

 Both (absorption / distribution) ⚖️

3. No intent

 Institutions hide orders → split across time/price

🧠 What actually indicates Smart Money?

You need confluence, not just value:

1. Price Structure

 Breakout + hold (like your chart)

 Higher high + tight consolidation

2. Volume Behavior

 Spike on breakout

 Dry volume during consolidation

3. VWMA vs EMA

 VWMA > EMA → volume-supported move ✅

4. MFI (Money Flow Index)

 Rising MFI → inflow pressure

 Divergence → distribution warning

5. Order Flow Clues (Advanced)

 Absorption candles

 No follow-through on selling

 Tight range after expansion (seen in your chart)


🔍 Your Chart Insight (Very Important)

What you’re seeing:

 Strong impulsive move (likely institutional entry)

 Followed by tight sideways range

 No sharp pullback

👉 This is NOT random value trading

👉 This is:

Post-accumulation holding (Smart Money holding positions)

⚠️Key Truth (Institutional Perspective)

Metric Meaning

Value (₹687 Cr) Liquidity

Volume Participation

Price Action Intent

Structure + Volume Smart Money

✅ Final Answer

👉 ₹687.4 Cr = Total traded value (liquidity)


👉 ❌ Not “Smart Money” by itself
👉 ✅ But when combined with your chart structure → indicates institutional activity likely
present

If you want, I can now:


 Break this exact chart into Smart Money Phases (Accumulation → Markup →
Distribution)

 Or build a Chartink scanner to detect these ₹500Cr+ + structure setups automatically

build a Chartink scanner to detect these ₹500Cr+ + structure setups automatically

Excellent — now we move into institutional-grade scanner design.


Your objective is very clear:

Detect stocks with ₹500Cr+ traded value + strong price structure (institutional accumulation /
holding phase)

Let’s build this in a modular + professional way so you can tweak it later.

🧠 1. Core Logic (What We Are Detecting)

We are combining 3 pillars:

🔹 A. Liquidity (Smart Money Presence Proxy)

 High traded value (₹500 Cr+)

🔹 B. Expansion (Institutional Entry)

 Strong breakout / impulsive move

🔹 C. Holding Structure (Smart Money Holding)

 Tight consolidation after move

 No sharp retracement

⚙️2. Chartink Scanner (₹500Cr + Structure)

🔵 🔹 MAIN SCANNER (Intraday – 5m / 15m)

( Latest Close * Latest Volume ) > 5000000000


AND
Latest Close > 1 day ago High
AND
Latest Close > VWMA(20)
AND
VWMA(20) > EMA(20)
AND
Latest Close > SMA(50)
AND
Latest High <= 1.02 * Highest High(20)
AND
Latest Low >= 0.97 * Highest High(20)
AND
ATR(14) < ATR(14) 1 day ago
AND
Volume > SMA(Volume, 20)

🔍 3. Breakdown (Why each condition exists)

✅ Liquidity Filter

Close * Volume > 500 Cr

 Ensures institutional participation possible

 Removes illiquid traps

✅ Breakout Confirmation

Close > 1 day ago High

 Identifies initial expansion (markup phase)

✅ Smart Money Bias

VWMA(20) > EMA(20)


Close > VWMA(20)

 Volume-weighted strength

 Confirms real buying, not fake move


✅ Trend Context

Close > SMA(50)

 Avoids counter-trend traps

✅ Tight Consolidation (CRITICAL EDGE)

High <= 1.02 * HH(20)


Low >= 0.97 * HH(20)

👉 Means:

 Price is holding near highs

 No aggressive profit booking

👉 This is exactly what your chart shows.

✅ Volatility Compression

ATR falling

 Smart money absorbing supply quietly

✅ Volume Confirmation

Volume > Avg Volume

 Ensures participation is above normal

🚀 4. Aggressive Early Entry Scanner (Advanced)

If you want early detection before breakout:

( Latest Close * Latest Volume ) > 3000000000


AND
VWMA(20) > EMA(20)
AND
Close near Highest High(20)
AND
ATR(14) decreasing
AND
Volume increasing over last 3 bars
AND
Close > Open
AND
High - Low < 1.5 * ATR(14)

👉 This finds:

Pre-breakout accumulation (VCP type setups)

🧬 5. Pro-Level Enhancements (Optional)

🔸 Add MFI Smart Money Filter

MFI(14) > 60
AND
MFI(14) increasing

🔸 Add OBV Confirmation

OBV > OBV 5 days ago

⚠️6. Important Reality (Most Traders Miss This)

Even this scanner:

❗ Does NOT guarantee smart money


❗ It gives high-probability zones

👉 You still must confirm on chart:

 Wick behavior

 Absorption candles

 Fake breakdown traps

🧠 7. How to Trade This Setup (Institutional Playbook)


Entry:

 Break of consolidation high

Stop Loss:

 Below consolidation low

Add-on:

 Pullback to VWMA

Exit:

 Expansion candle exhaustion

 Volume spike + no follow-through

🔥 Final Insight

What you are building here is:

A Liquidity + Structure + Volume model


≈ Approximation of Institutional Footprint

If you want next level:

👉 I can build:

 Options strategy aligned with this scanner (ATM/ITM selection + hedge)

 Excel dashboard tracking ₹500Cr live flow

 Trap detection scanner (fake breakout vs real)




Is this value 687.4 Crore is Chailin Money????

No — ₹687.4 Cr is not “chailing (smart) money.”

Let’s decode this properly at a professional level 👇

🔹 What is this Value (Cr): 687.4?

This represents:

Total traded turnover (value) of the stock during the session

Formula:

Value=∑(Price×Volume)Value=∑(Price×Volume)

So ₹687.4 Cr means:

 Total money exchanged between buyers & sellers

 Includes both retail + institutions + HFT + arbitrage

🔴 Why this is NOT “Smart Money”

Because:

1. It is aggregated data

 Doesn’t distinguish who is buying (retail vs institution)


2. No direction

 ₹687 Cr could be:

 Heavy buying ✅

 Heavy selling ❌

 Both (absorption / distribution) ⚖️

3. No intent

 Institutions hide orders → split across time/price

🧠 What actually indicates Smart Money?

You need confluence, not just value:

1. Price Structure

 Breakout + hold (like your chart)

 Higher high + tight consolidation

2. Volume Behavior

 Spike on breakout

 Dry volume during consolidation

3. VWMA vs EMA

 VWMA > EMA → volume-supported move ✅

4. MFI (Money Flow Index)

 Rising MFI → inflow pressure

 Divergence → distribution warning

5. Order Flow Clues (Advanced)

 Absorption candles

 No follow-through on selling

 Tight range after expansion (seen in your chart)


🔍 Your Chart Insight (Very Important)

What you’re seeing:

 Strong impulsive move (likely institutional entry)

 Followed by tight sideways range

 No sharp pullback

👉 This is NOT random value trading

👉 This is:

Post-accumulation holding (Smart Money holding positions)

⚠️Key Truth (Institutional Perspective)

Metric Meaning

Value (₹687 Cr) Liquidity

Volume Participation

Price Action Intent

Structure + Volume Smart Money

✅ Final Answer

👉 ₹687.4 Cr = Total traded value (liquidity)


👉 ❌ Not “Smart Money” by itself
👉 ✅ But when combined with your chart structure → indicates institutional activity likely
present

If you want, I can now:


 Break this exact chart into Smart Money Phases (Accumulation → Markup →
Distribution)

 Or build a Chartink scanner to detect these ₹500Cr+ + structure setups automatically

build a Chartink scanner to detect these ₹500Cr+ + structure setups automatically

Excellent — now we move into institutional-grade scanner design.


Your objective is very clear:

Detect stocks with ₹500Cr+ traded value + strong price structure (institutional accumulation /
holding phase)

Let’s build this in a modular + professional way so you can tweak it later.

🧠 1. Core Logic (What We Are Detecting)

We are combining 3 pillars:

🔹 A. Liquidity (Smart Money Presence Proxy)

 High traded value (₹500 Cr+)

🔹 B. Expansion (Institutional Entry)

 Strong breakout / impulsive move

🔹 C. Holding Structure (Smart Money Holding)

 Tight consolidation after move

 No sharp retracement

⚙️2. Chartink Scanner (₹500Cr + Structure)

🔵 🔹 MAIN SCANNER (Intraday – 5m / 15m)

( Latest Close * Latest Volume ) > 5000000000


AND
Latest Close > 1 day ago High
AND
Latest Close > VWMA(20)
AND
VWMA(20) > EMA(20)
AND
Latest Close > SMA(50)
AND
Latest High <= 1.02 * Highest High(20)
AND
Latest Low >= 0.97 * Highest High(20)
AND
ATR(14) < ATR(14) 1 day ago
AND
Volume > SMA(Volume, 20)

🔍 3. Breakdown (Why each condition exists)

✅ Liquidity Filter

Close * Volume > 500 Cr

 Ensures institutional participation possible

 Removes illiquid traps

✅ Breakout Confirmation

Close > 1 day ago High

 Identifies initial expansion (markup phase)

✅ Smart Money Bias

VWMA(20) > EMA(20)


Close > VWMA(20)

 Volume-weighted strength

 Confirms real buying, not fake move


✅ Trend Context

Close > SMA(50)

 Avoids counter-trend traps

✅ Tight Consolidation (CRITICAL EDGE)

High <= 1.02 * HH(20)


Low >= 0.97 * HH(20)

👉 Means:

 Price is holding near highs

 No aggressive profit booking

👉 This is exactly what your chart shows.

✅ Volatility Compression

ATR falling

 Smart money absorbing supply quietly

✅ Volume Confirmation

Volume > Avg Volume

 Ensures participation is above normal

🚀 4. Aggressive Early Entry Scanner (Advanced)

If you want early detection before breakout:

( Latest Close * Latest Volume ) > 3000000000


AND
VWMA(20) > EMA(20)
AND
Close near Highest High(20)
AND
ATR(14) decreasing
AND
Volume increasing over last 3 bars
AND
Close > Open
AND
High - Low < 1.5 * ATR(14)

👉 This finds:

Pre-breakout accumulation (VCP type setups)

🧬 5. Pro-Level Enhancements (Optional)

🔸 Add MFI Smart Money Filter

MFI(14) > 60
AND
MFI(14) increasing

🔸 Add OBV Confirmation

OBV > OBV 5 days ago

⚠️6. Important Reality (Most Traders Miss This)

Even this scanner:

❗ Does NOT guarantee smart money


❗ It gives high-probability zones

👉 You still must confirm on chart:

 Wick behavior

 Absorption candles

 Fake breakdown traps

🧠 7. How to Trade This Setup (Institutional Playbook)


Entry:

 Break of consolidation high

Stop Loss:

 Below consolidation low

Add-on:

 Pullback to VWMA

Exit:

 Expansion candle exhaustion

 Volume spike + no follow-through

🔥 Final Insight

What you are building here is:

A Liquidity + Structure + Volume model


≈ Approximation of Institutional Footprint

If you want next level:

👉 I can build:

 Options strategy aligned with this scanner (ATM/ITM selection + hedge)

 Excel dashboard tracking ₹500Cr live flow

 Trap detection scanner (fake breakout vs real)

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