How to Use High Conviction Institutional Filter Data
This page explains how to read and interpret the High Conviction Institutional Filter table. This filter is designed to identify stocks showing strong, sustained conviction through consistently high delivery, supportive volume, and stable price behavior.
Each row represents one stock for one trading day, evaluated using delivery strength, price trend stability, and volume confirmation over short-term and long-term periods.
Understanding Each Column
Symbol
The stock symbol as listed on the exchange (e.g., NSE). Each symbol uniquely identifies a listed company.
Date
The trading date on which the high-conviction signal was identified. All values in the row correspond to this specific trading session.
Close
The closing price of the stock on the given date.
- Represents the final market consensus for the day
- Used to assess whether conviction is translating into price stability or strength
Volume
The total number of shares traded during the trading day.
- Reflects overall participation
- Evaluated relative to recent and historical averages
Delivery Volume
The number of shares that resulted in actual delivery rather than intraday trades.
- Represents positional buying or holding activity
- High values indicate strong holding intent
Delivery %
The percentage of total traded volume that resulted in delivery.
- High delivery % reflects conviction-based participation
- Indicates reduced speculative or short-term trading
Price Change % (5d)
The percentage change in the stock’s price over the last 5 trading days.
- Positive or stable values suggest price acceptance
- Helps confirm whether conviction is aligned with price direction
Recent Delivery % Avg (5d)
The average delivery percentage over the most recent 5 trading days.
- Reflects short-term delivery strength
- Consistently high values support a high-conviction view
Previous Delivery % Avg (15d)
The average delivery percentage over the preceding 15 trading days.
- Acts as a short-term baseline
- A sustained rise in the 5-day average over the 15-day average signals strengthening conviction
Historical Avg Delivery % (120d)
The average delivery percentage over the last 120 trading days.
- Represents the stock’s long-term delivery profile
- Recent delivery consistently above this level indicates abnormal conviction
Recent Avg Volume (5d)
The average daily trading volume over the most recent 5 trading days.
- Shows short-term participation intensity
- Supports conviction when aligned with high delivery
Previous Avg Volume (15d)
The average daily trading volume over the preceding 15 trading days.
- Represents normal trading activity
- Comparison helps identify volume expansion or stability
Trend Consistency (Days Up)
The number of consecutive days the stock has maintained an upward or stable trend.
- Higher values indicate trend persistence
- Helps distinguish sustained conviction from one-day anomalies
How to Read This Data Holistically
The High Conviction Institutional Filter should be interpreted by combining delivery strength, volume support, and trend stability.
- High delivery across 5-day, 15-day, and 120-day comparisons signals strong conviction
- Stable or rising price confirms acceptance of higher levels
- Consistent trend days reduce the risk of false signals
What This Filter Indicates
- Sustained high-conviction participation
- Strong holding intent with reduced speculative activity
- Higher probability of trend continuation if structure remains intact
What This Filter Does Not Indicate
- It is not a short-term trading signal
- It does not guarantee future returns
- It does not replace risk management or price-based confirmation
Important Notes
- This filter is most effective in trending or stabilizing markets
- High conviction can persist through consolidations
- Always validate with broader market direction and support-resistance levels
Disclaimer: This information is provided for educational and analytical purposes only and should not be considered trading or investment advice.
Data Update Frequency
High Conviction Institutional Filter data is updated after market hours for each trading day. Delivery and volume averages are recalculated using rolling historical windows.
Summary
The High Conviction Institutional Filter helps identify stocks where participation quality, delivery strength, and trend consistency align. It is best used to spot durable, high-quality setups rather than short-lived moves, in combination with price structure and overall market context.