How to Use Trade Planning Support
This page explains how to read and interpret the Trade Planning Support results. This scanner is designed to assist in structuring trades by providing reference levels for risk and reward, based on recent price behaviour and market context.
The results shown here are for Index: NIFTY 50. Each row represents one stock for one trading day, with indicative levels intended to support trade planning and evaluation.
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 trade planning levels were generated. All values in the row correspond to this trading session.
Close
The closing price of the stock for the given trading day.
- Represents the reference price for planning purposes
- Used as the basis for calculating risk and reward levels
Suggested Stop Loss
An indicative price level suggested to limit downside risk.
- Represents a price level where the trade premise may be invalidated
- Helps define maximum acceptable risk for the setup
- Should be adjusted based on individual risk tolerance and strategy
Suggested Target
An indicative price level suggested as a potential profit objective.
- Represents an area where price may face resistance or exhaustion
- Used to estimate potential upside for the trade
- May be refined using trend, structure, or higher-timeframe analysis
Reward–Risk Estimate
The estimated ratio of potential reward relative to the defined risk.
- Higher values indicate more favourable reward-to-risk profiles
- Helps compare trade opportunities on a relative basis
- Supports disciplined trade selection
How to Read This Data Holistically
This scanner should be used as a trade structuring aid, rather than a standalone decision-making tool.
- Clear stop loss and target levels help enforce risk discipline
- Reward–risk estimates allow comparison across multiple stocks
- Best used in conjunction with trend, momentum, and volume analysis
What This Scanner Indicates
- Indicative levels to structure potential trades
- Relative attractiveness of setups based on reward–risk
- Support for consistent and objective trade planning
What This Scanner Does Not Indicate
- It does not guarantee trade success
- It does not determine market direction
- It does not replace individual judgement or strategy rules
Important Notes
- Suggested levels are indicative and not fixed execution prices
- Market conditions may require adjustment of stops or targets
- Always size positions appropriately based on risk tolerance
Disclaimer: This information is provided for educational and analytical purposes only and should not be considered trading or investment advice.
Data Update Frequency
Trade Planning Support data is updated after market hours for each trading day.
Summary
The Trade Planning Support scanner helps organise potential trade ideas by providing indicative stop loss, target, and reward–risk information. It is best used as a supporting tool to promote disciplined planning and consistent risk management across trade opportunities.