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Alpha Nova research guides

Delivery accumulation screener

Documentation updated · Describes the current app; not a market-data timestamp.

Alpha Nova’s delivery accumulation screener finds stocks with unusually large delivered quantities, a delivery share of at least 45%, and a non-negative daily price change. It compares each stock with its own recent delivery history to create a shortlist for research. The label does not identify who bought the shares.

Apply the built-in preset to the latest available dataset. Check source dates and coverage in the results.

Open this screen in Alpha Nova

What are the exact screening rules?

All of these conditions must hold. These rules come from the same preset definition used by the interactive screener.

How is this screen calculated?

Delivered quantity measures shares marked for delivery in the exchange report. The delivery ratio divides the latest quantity by its average across available observations in the prior 20 sessions. A high delivery percentage alone is different: it describes delivery as a share of total traded quantity, without establishing an increase in participation.

Worked example

Illustrative example: 180,000 delivered shares against a prior average of 100,000 gives a delivery ratio of 1.8×. If delivery represents 50% of traded shares and the daily price change is 0% or higher, the stock meets this preset. A 40% delivery share would fail the screen despite the same ratio.

What should you check in the results?

  1. Compare the delivery report date with the price-history date before interpreting the combined screen.
  2. Inspect absolute turnover and the number of available baseline observations; a small baseline can exaggerate a ratio.
  3. Read company announcements and inspect several sessions of price and delivery history before drawing conclusions.

Limitations of this screen

This preset is different from the Delivery radar’s Accumulation classification, which also considers close location and its own delivery-share rules. Neither proves institutional buying, net buying, or future price appreciation.

The intended universe is Nifty 500. If its constituent list is unavailable, the app may use the latest session’s top 500 EQ stocks by turnover. Numeric conditions exclude unavailable values. Sources can be delayed or have different dates; empty results can reflect missing coverage as well as no matches.

Does high delivery mean institutional accumulation?

No. The exchange delivery figures used here do not identify the buyer. High delivery can be a reason to investigate a stock, but it cannot establish that institutions are accumulating it.

Sources and methodology

These are Alpha Nova’s own preset definitions. Price-history metrics use Yahoo Finance; volume and delivery use NSE daily reports. See the calculation and coverage methodology for formulas and limitations.

Related screens

Compare all screener guides or read the Nifty 500 screener overview.