CANSLIM Stock Screener India | QUANTSCASE — NSE Stock Screener

CANSLIM, developed by William O'Neil, combines fundamental and technical criteria to identify high-growth stocks. This guide shows you how to build a CANSLIM stock screener India using QUANTSCASE, with real NSE examples and actionable thresholds.

CANSLIM Components

25%

Min EPS Growth (Q)

80+

Min Relative Strength Rating

1.5x

Min Volume vs Avg

Why CANSLIM Works for Indian Markets

CANSLIM combines fundamental strength (C, A) with technical momentum (N, S, L, I, M), making it ideal for the NSE's trending stocks. Use volume accumulation to confirm institutional buying, a key CANSLIM signal.

Indian markets often see sector rotation, and CANSLIM's 'M' (Market Direction) helps you avoid bear phases. The 'I' (Institutional Sponsorship) component aligns with FII/DII data available on QUANTSCASE.

📌 Key Insight
CANSLIM's strength lies in combining quarterly earnings acceleration (C) with relative strength (S) — stocks with both often outperform by 2-3x.

How to Build Your CANSLIM Stock Screener India

C – Current Quarterly Earnings — Screen for EPS growth >25% YoY. Use QUANTSCASE fundamental screener to filter NSE stocks with accelerating quarterly profits.

A – Annual Earnings Growth — Look for 3-year CAGR >20%. Combine with ROE >17% to ensure consistent profitability.

N – New Highs & Catalysts — Screen for stocks near 52-week highs (within 15%) with recent breakouts. Use breakout screener to spot these.

S – Supply & Demand — Check for low float and high volume. Use volume accumulation screener to confirm buying pressure.

L – Leader or Laggard — Filter for Relative Strength Rating >80. Use QUANTSCASE momentum screeners to find sector leaders.

I – Institutional Sponsorship — Look for increasing FII/DII holdings over last 2 quarters. Use techno-fundamental screener to combine with technicals.

M – Market Direction — Check Nifty 50 trend using QUANTSCASE breadth and macro dashboards. Avoid buying in downtrends.

💡 Pro Tip
Start with 'C' and 'A' filters first (fundamentals), then apply 'N' and 'S' (technicals) — this narrows down to high-quality candidates quickly.

Key Indicators for CANSLIM Stock Screener India

Indicator	Threshold	Signal	Why It Matters
EPS Growth (Q)	>25% YoY	✅ Bullish	Shows accelerating earnings momentum
Relative Strength (RS)	>80 (1-99 scale)	✅ Bullish	Stock outperforms market, a leader
Volume vs 50-day Avg	>1.5x on breakout	✅ Bullish	Confirms institutional accumulation
52-Week High Distance	Within 15% of high	⚡ Watch	Near breakout zone; wait for volume confirmation
RSI (14)	>70 on breakout	❌ Bearish	Overbought; avoid if no volume surge

✅ CANSLIM Entry Checklist

✓EPS growth >25% (quarterly) and >20% (annual)

✓Relative Strength Rating >80

✓Volume >1.5x average on breakout day

✓Stock within 15% of 52-week high

✗Avoid stocks with RS <70 or declining volume

⚠️ Common Mistake
Don't chase stocks with high RS but poor fundamentals — CANSLIM requires both. A stock with RS >90 but negative earnings growth is a trap.

Try It on QUANTSCASE

Use these pre-built QUANTSCASE screeners to automate your CANSLIM stock screener India. Start with TF-CANSLIM for a combined approach.

Fundamental Value Picks →

Screens for high EPS growth and ROE

Strong Trend Momentum →

Filters stocks with RS >80 and uptrend

OBV Divergence Buy →

Confirms institutional accumulation

Breakout Screener →

Identifies stocks near 52-week highs with volume

Start Screening Now

Build Your CANSLIM Stock Screener India

Try TF-CANSLIM — 1,800+ NSE Stocks

This guide is for educational purposes only and does not constitute investment advice.