Hilega Milega Scanner
Stocks matching NK Sir's momentum trend strategy in Nifty 500 · Updated as of Jul 31, 2026
| Sr. | Stock Name | Symbol | Close | % Chg | RSI(9) | Signal Type |
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Understanding the Hilega Milega Momentum Scanner
The Hilega Milega Indicator is a popular momentum trading strategy in the Indian stock market designed to identify rapid trend breakouts and high-probability entry points. Formulated on the mathematical relationship of price speed, volume, and momentum averages, this scanner helps traders detect sweet spots and crossovers across Nifty 500 equities in real-time.
How the Hilega Milega Scanner Logic Works:
- RSI (9) - The Price Speed: Calculates the raw velocity of price changes over a 9-day rolling period.
- EMA (3) of RSI - The Green Line: Acts as the fast-moving sentiment indicator that signals immediate momentum shifts.
- WMA (21) of RSI - The Red Line: Acts as the slow-moving trend baseline that defines the broader demand/supply threshold.
- 20 EMA Filter: Ensures entries are aligned with the prevailing intermediate trend to filter out false noise.
Trading the Crossovers and Sweet Spots:
A BUY (Bullish Crossover) triggers when the fast Green line (EMA 3 of RSI) crosses above the slow Red line (WMA 21 of RSI) while the RSI is above 50 and the close price is trading above its 20 EMA. A BUY (Sweet Spot) indicates strong continuation momentum when the Green line remains comfortably above the Red line and the RSI stays between 50 and 70. Conversely, SELL (Bearish) signals alert traders when momentum breaks below critical support boundaries.