How to Use Volume Expansion with Delivery Data
This page explains how to read and interpret the Volume Expansion with Delivery table. This filter is designed to identify stocks where trading volume is expanding and the increase is supported by delivery-based participation, indicating genuine interest rather than speculative churn.
Each row represents one stock for one trading day, evaluated by comparing recent volume expansion with delivery quality over short-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 volume expansion with delivery was detected. 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 higher participation is being accepted by price
Volume
The total number of shares traded during the trading day.
- Reflects current participation intensity
- Evaluated relative to recent historical averages
Delivery Volume
The number of shares that resulted in actual delivery rather than intraday trades.
- Represents conviction-based participation
- Rising delivery alongside volume expansion confirms quality of activity
Delivery %
The percentage of total traded volume that resulted in delivery.
- Higher values indicate stronger holding intent
- Helps distinguish genuine participation from speculative volume
Recent Avg Volume (5d)
The average daily trading volume over the most recent 5 trading days.
- Shows short-term volume behavior
- Used to detect sudden expansion in activity
Previous Avg Volume (15d)
The average daily trading volume over the preceding 15 trading days.
- Represents normal trading activity
- Acts as a baseline for identifying abnormal volume expansion
Recent Delivery % Avg (5d)
The average delivery percentage over the most recent 5 trading days.
- Reflects short-term delivery trend
- Consistently high values confirm delivery-supported volume
Previous Delivery % Avg (15d)
The average delivery percentage over the preceding 15 trading days.
- Serves as a baseline
- A rise from the 15-day average to the 5-day average indicates improving conviction
How to Read This Data Holistically
The Volume Expansion with Delivery filter should be interpreted by combining volume growth with delivery confirmation.
- Volume expansion without delivery is less reliable
- Volume expansion with rising delivery suggests genuine accumulation or distribution
- Price stability or strength improves signal quality
What This Filter Indicates
- Increase in participation supported by holding intent
- Higher-quality activity compared to volume-only signals
- Potential start of accumulation, distribution, or trend expansion
What This Filter Does Not Indicate
- It is not a standalone buy or sell signal
- It does not define direction without price context
- It does not guarantee continuation
Important Notes
- This filter is most effective when combined with price structure and trend analysis
- Volume expansion can occur during both accumulation and distribution phases
- Always evaluate broader market conditions
Disclaimer: This information is provided for educational and analytical purposes only and should not be considered trading or investment advice.
Data Update Frequency
Volume Expansion with Delivery data is updated after market hours for each trading day. Volume and delivery averages are recalculated using rolling short-term windows.
Summary
The Volume Expansion with Delivery filter helps identify stocks where increased trading activity is supported by delivery-based conviction. It is best used to validate the quality of volume spikes and to focus on stocks with genuine participation rather than noise.