How Markov finds setups.
Markov runs a set of strategies across all 760 NSE cash-equity stocks. Factor models — quality, momentum, residual momentum (after removing NIFTY and sector moves), sector-neutral momentum, low-loss quality and a vol-targeted basket — score every stock and surface the top picks as signals. Baskets are recomputed every quarter; a stock stays in until the next quarterly recompute. We add new models as they pass internal review. Full methodology below.
760 NSE stocks. Scanned every minute.
The universe is the full NSE cash-equity list we keep five years of price history for. F&O-eligible names are added when a short setup needs them. The scan runs every minute during market hours. A setup that forms at 11:14 is in the feed by 11:15.
Twelve written-down methods. Six live, six in the pipeline.
Each strategy scans the same universe but uses different rules. Together they widen what the feed picks up — quality, momentum, low-loss, multi-factor — so a slow stretch for one doesn't slow down the whole feed. A strategy goes live only after the internal-review checklist is cleared.
Live today
QMJ — Quality / Momentum / Junk
Quarterly long-only basket combining quality, momentum and a junk-rank score.
Residual momentum (wide)
Momentum left after removing NIFTY and sector moves — the stock-specific part.
Sector-neutral momentum
Best-of-sector momentum picks, equal-weighted across sectors to avoid over-concentration.
Low-vol quality (persistent)
High-quality stocks trading with below-average price swings.
Persistent quality
Companies with steady ROE, low debt and stable margins across quarters.
Vol-targeted basket
Portfolio that adjusts exposure to keep price swings in a steady band.
In the research pipeline
Six more methods are written down and under internal review. They run in research only — none of them is on the live feed yet. Each one goes live only after methodology review, exit-policy declaration, cross-strategy correlation check and operational-readiness sign-off.
Trend persistence
Stocks whose trend direction holds across back-to-back quarters. A stricter momentum filter than raw price strength.
Residual momentum (narrow)
Stock-specific momentum after removing NIFTY and a tighter sector move — independent from the wider residual version on the live feed.
Return consistency
Stocks with steady quarter-on-quarter returns and small loss swings. A lower-noise option vs standard quality.
Dual momentum
Stocks that are strong both vs cash and vs peers — must clear both tests.
Multi-factor composite (wide)
Wider blend across quality, momentum, value and low-loss signals than QMJ.
Trend persistence (wide)
Trend-persistence rule applied across the wider universe, not just the F&O list.
Two alignment checks. Same purpose.
Different strategy types use different alignment rules. Both are there to keep single-bar noise out of the feed. Trend-following and intraday setups must clear a three-timeframe check. Quality and factor strategies must clear a quarterly rerank check.
Three timeframes must agree
Trend-following strategies never trade against the primary trend. If the three timeframes disagree, the signal is dropped before it reaches the feed.
Direction
Higher-highs / lower-lows pattern, 9 / 21 / 50 EMA stack. Sets whether long or short is allowed at all.
Timing
Pullback to moving average, oscillator state, volume behaviour. Sets when in the day the setup is ready.
Entry
Reversal candle, breakout retest, opening-range pattern. Sets the exact entry price and stop level.
Quarterly rerank persistence
Factor portfolio strategies recompute the basket every quarter using written-down factor scores. A stock enters only when it earns its slot at rerank, and exits when it drops out at the next rerank — not on a single intraday signal.
Rank
Score every eligible stock on the strategy's factors — quality, momentum, residual return, volatility — every quarter.
Promote
Stocks that clear the rank threshold enter the basket. Position sizing is rule-based — equal-weight, vol-targeted or sector-neutralised, depending on the strategy.
Demote
Stocks that fall out of rank at the next rerank are exited. Mid-quarter exits only on structural-trend break, ATR-based stop or regime-break alert.
Four signal types. One scoring rubric.
Every strategy declares one of four types up front. The type sets the exit-policy class — target rules, invalidation signals, structural-stop logic — before the strategy ships. Each setup is also scored 0–12 across trend, alignment, volume, pattern quality, risk/reward and oscillator / factor state. Setups below 7 don't make the feed.
QualityRerank
Drives most of the live feed today
Portfolio recomputed every quarter on written-down factor scores. Stocks enter on rerank promotion and exit on rerank dropout. Mid-quarter exits only on structural-trend break, ATR-based stop or regime alert.
Strategies QMJ · Residual momentum · Sector-neutral momentum · Low-vol quality · Persistent quality · Vol-targeted basket
TrendFollowing
Continuation in an established trend
Pullback to moving average, breakout continuation, RS pullback, intraday momentum, volatility breakout. Three timeframes must agree before entry. Exits on EMA21 break, swing-low break, MA50/200 cross or rebalance-rerank dropout.
Strategies Naive momentum · Multi-horizon momentum · Breakout continuation · RS pullback · Intraday momentum
MeanReversion
Counter-trend inside a known range
Bollinger extreme reversal in a defined channel, oversold-in-uptrend, statistical pairs trading. Targets are midlines — BB midline, VWAP, 21 EMA. Exits on trend continuation past entry or vol expansion.
Strategies BB extreme mean-reversion · Pairs trading
Event
Triggered by a single event
Post-earnings drift, index-inclusion add/drop, F&O expiry squeeze, FII/DII flow signal. Exits are tied to the event window — measured-move targets, Fibonacci extensions, event-day-high resistance — and a close back through the pre-event level cancels the setup.
Strategies Post-earnings drift · Index inclusion · F&O expiry squeeze · FII/DII flow
Twelve checks. Every strategy. Every promotion.
Every strategy — live or pipeline — is reviewed against the same internal checklist for methodology, risk, regime gating and operational readiness. To go live, all twelve must be cleared. Any past-performance figures used during internal review are not publicly displayed and are not certified by SEBI's Past Risk-and-Return Verification Agency (PaRRVA).
Every signal is a full research card.
A Markov signal is a research recommendation — under the SEBI Research Analyst framework — with the full card up front. What you do with it is your call.
We show you the full card. How much you put in, when you enter, and whether you act on any signal at all is up to you.
What Markov is not.
Not a guarantee. No SEBI-registered intermediary can or will guarantee returns. Past performance is not indicative of future returns. Across a group of rule-based strategies, a meaningful share of single signals will lose.
Not execution. Markov produces research recommendations. You place every trade yourself through your own broker. We never touch your money.
Not a tip channel. We don't run Telegram groups, WhatsApp tip channels or YouTube stream tips. If someone says they speak for Markov on those platforms, they don't.
Not personalised advice. Signals are general research recommendations under SEBI's Research Analyst framework. They are not tailored to your personal financial situation. For personal advice, talk to a SEBI Registered Investment Adviser.