Bullish exhaustion warning: spot pushing near 52-week highs while open interest is flat or declining — late-stage longs without fresh participation. Setup for short bias on first 4H structure shift against the high.
The edge — what this scanner is hunting
Price up sharply + OI down = distribution. Same logic as crypto OI divergence — rally is being sold into.
How it fires
It fires when all of these line up:
Price at or above a set level relative to 52-week high
Open interest change % at or below threshold
Today's change % at or above threshold
Days to expiry at or above threshold
Ban pct below threshold
When to take this trade
Horizon
Swing
Scanner timeframe
1d
Confirm entry on
4h / 1d
Typical hold
2–5 days
Max hold / time-stop
Until divergence resolves
🔒 The trade plan is premium-only
The pages below are free and educational, but the actionable plan stays in the app:
Entry trigger — exact rule for confirming the setup
Stop placement — where the invalidation lives
Targets & trade management — TP1, TP2, trail, max hold
Analyst checklist — what to verify on the chart before you click
Vinny live levels — per-row entry / TP / SL prices computed from the actual symbol's ATR and structure
55–60% with distribution candles. Full breakdown in the premium app.
This screener surfaces a quantitative setup based on derivatives data. Past patterns do not guarantee future moves. Indian F&O instruments are leveraged and time-decayed — manage position size and stop discipline. This is information, not investment advice. Verify the setup on your own charts before trading. Consult a SEBI-registered advisor for tailored guidance.