Version 1.0 — effective 2026-08-23
Coil is software. It screens listed equities on the National Stock Exchange of India against a set of published, publicly attributable technical and fundamental criteria — principally those described in the published works of Mark Minervini — and presents the results as a ranked list, together with charts and financial data sourced from third parties.
Coil is provided for educational and informational purposes only. Its purpose is to let you study how a published, rule-based methodology behaves on live market data, and to save you the labour of applying those rules by hand across roughly 2,500 listed securities.
Coil applies these criteria mechanically. It does not exercise judgement. It does not know your financial position, your objectives, your risk tolerance, your tax situation, or your time horizon, and nothing it outputs is tailored to them.
Coil is not investment advice, financial advice, or a recommendation to buy, sell, hold, or deal in any security.
Coil does not publish price targets, entry prices, stop-loss levels, buy calls, sell calls, or portfolio allocations.
The appearance of a security in any Coil screen, list, chart, watchlist, or alert means only that the security satisfied the stated mechanical criteria on the stated date. It is not a statement that the security is suitable for you, is likely to rise, or should be purchased.
Coil and its operator are not registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst under the SEBI (Research Analysts) Regulations, 2014, or as an Investment Adviser under the SEBI (Investment Advisers) Regulations, 2013.
Your subscription buys access to software. It does not buy investment advice, and no adviser-client or fiduciary relationship is created between you and Coil or its operator by your use of the service.
Nothing on this service should be construed as an offer, solicitation, or inducement to deal in any security. If you require advice on whether any investment is suitable for you, consult a SEBI-registered Investment Adviser.
Investment in securities markets is subject to market risk. You can lose some or all of the money you invest. Equity prices fluctuate, sometimes severely and without warning. Small-capitalisation and thinly traded securities carry additional liquidity risk — you may be unable to exit a position at or near the displayed price.
Read all scheme-related and offer documents carefully before investing.
Coil publishes historical and back-tested statistics describing how its criteria would have behaved over past periods.
Past performance is not indicative of future results. Back-tested results are hypothetical. They are derived by applying present-day rules to historical data; they do not represent actual trading, do not account for the full effect of brokerage, statutory charges, taxes, slippage, impact cost, or the practical difficulty of executing at historical prices, and they cannot capture the psychological experience of holding a losing position in real time.
Where Coil states an out-of-sample or point-in-time result, that description refers only to the specific testing methodology stated alongside it and does not imply that the result will persist.
Market data, corporate filings, financial statements, and company information displayed in Coil are obtained from third-party sources, including exchange publications and public data providers. Coil does not independently verify this data and makes no warranty as to its accuracy, completeness, timeliness, or availability. Data may be delayed, incomplete, revised, or wrong. Prices shown may not be executable prices.
Coil is not affiliated with, endorsed by, or sponsored by the National Stock Exchange of India, BSE Limited, SEBI, or any data provider.
The operator of Coil invests in Indian equities on their own account and may hold, acquire, or dispose of positions in securities that appear in Coil's screens, before, during, or after their appearance. No position is taken with a view to influencing any subscriber, and subscribers should assume that such positions may exist at any time.
You are solely responsible for your own investment decisions and for their outcomes. You must exercise your own judgement and, where appropriate, obtain independent professional advice before acting on anything Coil displays. You are responsible for verifying any data on which you intend to rely.
Coil is provided on an "as is" and "as available" basis. Scans depend on external data sources and scheduled processing and may be delayed, degraded, incomplete, or unavailable. No warranty is given that the service will be uninterrupted, error-free, or available at any particular time, including at market open.
To the maximum extent permitted by applicable law, neither Coil nor its operator shall be liable for any trading or investment loss, loss of profit, loss of opportunity, loss of data, or any indirect, incidental, special, consequential, or punitive damage arising out of or in connection with your use of, or reliance on, the service or any data or output it provides.
Nothing in this document excludes or limits any liability that cannot lawfully be excluded or limited, including liability for fraud or fraudulent misrepresentation.
You agree to indemnify and hold harmless Coil and its operator against any claim, demand, loss, liability, or expense (including reasonable legal costs) arising out of your use of the service, your breach of these terms, or your infringement of any right of a third party.
Coil's criteria are derived from publicly published methodology, including works by Mark Minervini. Coil is not affiliated with, endorsed by, or licensed by Mark Minervini or any other author, trainer, or organisation whose published work is referenced. All trademarks are the property of their respective owners.
If any provision of this document is found invalid or unenforceable, the remaining provisions continue in full force.
By creating an account, subscribing to, or otherwise using Coil, you acknowledge that you have read, understood, and accepted this document in full. If you do not accept it, do not use Coil.
Coil is a screening tool, not investment advice. Not SEBI-registered as a Research Analyst or Investment Adviser. Markets carry risk; you can lose money. Full disclaimer
Screener output, not advice. No SEBI registration. Markets are risky.
☐ I understand Coil is a screening tool and not investment advice, that its operator is not SEBI-registered, that past and back-tested performance does not predict future results, and that I am solely responsible for my own investment decisions. I accept the Disclaimer and Terms of Use.