Stocks Under ₹100 in India

It means the stock’s Last Traded Price has risen above Resistance 1, the first resistance level calculated from the previous session’s High, Low, and Close. R1 is a level where selling pressure often appears during the day. When price breaks above it, it suggests buyers are stronger than sellers at that point and the stock has room to move toward R2, the next resistance level. In the context of sub-₹100 stocks, this is a meaningful intraday signal, especially when accompanied by rising volume.

Pivot points for NSE and BSE stocks are calculated using the previous session’s High, Low, and Close: Pivot Point = (High + Low + Close) ÷ 3. Resistance 1 is (2 × PP) − Low and Resistance 2 is PP + (High − Low). These levels are recalculated daily after market close and are valid for the following trading session. Most Indian trading platforms including Zerodha Kite, Upstox, and Ventura display these levels automatically on intraday charts.

Volume above the 5-day average means more shares are trading today than on a typical recent session. For sub-₹100 stocks, which are often driven by retail participation, a volume spike alongside a price breakout is the strongest signal that the move is backed by genuine buying. Without volume, a pivot breakout can be a false signal that reverses quickly once the initial buying exhausts itself. The 5-day average smooths out single-day anomalies and gives you a reliable baseline for what ‘normal’ looks like for that specific stock.

Not necessarily because of the price. Risk in stocks comes from business quality, financial health, liquidity, and governance — not the per-share price. A ₹75 stock can be a fundamentally strong mid-cap company that never split its shares. A ₹500 stock can be a financially distressed company in a declining sector. That said, in practice the sub-₹100 universe in India does contain a higher proportion of smaller, less-liquid companies where governance risk and volatility are genuinely higher. Always check the market cap, promoter holding, and balance sheet, not just the price.

Primarily intraday. The pivot R1/R2 framework is a daily technical setup — the levels reset every session. A stock that clears R1 and approaches R2 on a given day might not sustain that move into the next session. Positional traders can use this screener as a discovery tool — if a stock is consistently showing up on this list across multiple sessions, it signals sustained buying momentum that might be worth researching fundamentally. But the primary use case is identifying intraday momentum in sub-₹100 stocks with volume confirmation.

A generic list of stocks under ₹100 gives you hundreds of companies in every possible condition — trending up, trending down, going sideways, highly liquid, near illiquid. This screener adds two specific technical conditions on top of the price filter: the stock must have already cleared R1 and be moving toward R2 (directional momentum), and today’s volume must be above the 5-day average (conviction behind the move). That narrows the list to stocks where something is actively happening today, not just stocks that happen to be priced below ₹100.

Both are resistance levels, but they represent different price zones. R1 is the first resistance level above the pivot point — the level where selling pressure commonly appears first in the session. R2 is the second resistance level, further above, representing stronger resistance that is typically only reached on days with significant buying momentum. The distance between R1 and R2 reflects the previous session’s trading range: a wider range means a larger gap between R1 and R2, and therefore more potential upside between the two levels. When a stock clears R1 and approaches R2, it’s showing the kind of sustained momentum that often indicates a strong directional session.

The screener updates in real time during NSE and BSE trading hours with a 15-minute data delay. Pivot levels are calculated daily using the previous session’s High, Low, and Close and are fixed for the trading day. The 5-day average volume is recalculated at the start of each session based on the most recent 5 completed trading days. The screener is most useful during active market hours when stocks are actively crossing levels — checking it before market open will show yesterday’s data.