How to Use Volume Participation
This page explains how to read and interpret the Volume Participation results. This scanner is designed to identify stocks within a selected index based on trading activity, participation intensity, and volume expansion or contraction, helping assess market interest and conviction behind price moves.
The results shown here are for Index: NIFTY 50. Each row represents one stock for one trading day, evaluated using volume-based metrics.
Understanding Each Column
Symbol
The stock symbol as listed on the exchange. Each symbol uniquely identifies a company within the index.
Date
The trading date on which the volume metrics were calculated. All values in the row correspond to this trading session.
Close
The closing price of the stock for the given trading day.
- Represents the final traded price of the session
- Used alongside volume to assess participation quality
Volume
The total number of shares traded during the trading session.
- Reflects overall market participation for the day
- Higher values indicate increased trading interest
Average Volume (20 Days)
The average daily trading volume over the last 20 trading sessions.
- Represents recent normal trading activity
- Used as a baseline for short-term volume comparison
Relative Volume
The ratio of current day volume compared to the 20-day average volume.
- Values above 1 indicate higher-than-normal participation
- Helps identify unusual volume activity
Volume Surge
Indicates whether the stock has experienced a significant increase in volume.
- Highlights sudden spikes in trading activity
- Often associated with news, breakouts, or institutional interest
Average Volume (50 Days)
The average daily trading volume over the last 50 trading sessions.
- Represents a broader baseline of typical volume
- Useful for medium-term participation analysis
Volume vs 50-Day Average
Compares the current day’s volume with the 50-day average volume.
- Values above average indicate increased medium-term participation
- Helps confirm the significance of volume expansion
Volume Rank (52 Weeks)
The stock’s volume ranking relative to its own 52-week trading history.
- Higher rank indicates unusually high historical volume
- Useful for identifying standout participation events
Highest Volume (52 Weeks)
The highest single-day trading volume recorded in the last 52 weeks.
- Serves as a historical reference point
- Helps assess how extreme current volume levels are
Volume vs 52-Week High
The current day’s volume expressed relative to the 52-week highest volume.
- Values closer to 100% indicate exceptional participation
- Highlights rare, high-impact trading days
3-Day Average Volume
The average trading volume over the most recent three trading sessions.
- Reflects very short-term participation trends
- Useful for identifying emerging interest
3-Day vs 20-Day Change
The percentage change between the 3-day average volume and the 20-day average volume.
- Positive values indicate accelerating participation
- Negative values suggest declining trading interest
Heavy Volume
Indicates whether the stock is trading at significantly elevated volume levels.
- Often signals strong market attention
- May confirm the validity of price movements
Ultra High Volume
Indicates extremely high volume compared to historical norms.
- Suggests exceptional participation
- Commonly associated with major events or regime shifts
Volume Expansion
Indicates an increase in volume compared to recent averages.
- Suggests growing interest and engagement
- Often supports trend continuation
Volume Contraction
Indicates a decline in volume relative to recent averages.
- Suggests reduced participation
- May indicate consolidation or lack of conviction
Insta Interest Possible
Flags stocks showing sudden and notable spikes in volume.
- May indicate short-term attention or speculative interest
- Requires additional confirmation from price action
How to Read This Data Holistically
This scanner should be interpreted by analysing volume behaviour in conjunction with price movement and trend context.
- Volume expansion alongside price movement strengthens conviction
- Repeated high-volume signals suggest sustained participation
- Low or contracting volume may weaken the reliability of price moves
What This Scanner Indicates
- Stocks attracting strong market participation
- Unusual or expanding trading activity
- Potential accumulation, distribution, or breakout interest
What This Scanner Does Not Indicate
- It does not indicate price direction on its own
- It does not guarantee follow-through after volume spikes
- It does not replace price or risk analysis
Important Notes
- Volume should always be read in relation to price movement
- News and events can temporarily distort volume signals
- Consistent volume patterns are more reliable than single-day spikes
Disclaimer: This information is provided for educational and analytical purposes only and should not be considered trading or investment advice.
Data Update Frequency
Volume Participation data is updated after market hours for each trading day.
Summary
The Volume Participation scanner helps identify stocks within an index that are experiencing meaningful changes in trading activity. It is best used to assess market interest, confirm price movements, and highlight stocks drawing unusual or sustained participation.