What is N.E.X.T?
N.E.X.T is a swing trading platform for Indian markets that works on top-down momentum with focused scans. It shows market direction, rates industries and runs three momentum scans across 2,100+ NSE stocks.
FAQ
N.E.X.T — Frequently Asked Questions
Everything people usually ask about N.E.X.T — what it does, what it doesn't do, what the plans include and how to see it before deciding.
By CA Devang Maheshwari · Updated 2 November 2026
Quick answer
N.E.X.T is a swing trading platform for Indian markets that works on top-down momentum with focused scans: market direction first, then which of 65+ industries are strong, then three focused momentum scans — Follow Through Swing, 20 EMA Bases and IPO Bases — across 2,100+ NSE stocks. It is an analytics platform, not a broker: it does not place orders or recommend stocks. Plans start at ₹3,499 for 3 months.
How N.E.X.T is organised
Top-down momentum. Focused scans.
Step 1
Market
Market direction comes first
Step 2
Industries
65+ industries rated with N.E.X.T Momentum
Step 3
3 momentum scans
Follow Through Swing, 20 EMA Bases, IPO Bases
Step 4
Your review
Chart Terminal, watchlist, journal
Not 200 features. Not 30 scans. Only what matters.
N.E.X.T at a glance
| N.E.X.T | |
|---|---|
| What it is | Top-down momentum swing trading platform for Indian markets |
| Coverage | 2,100+ NSE stocks, 65+ industries |
| Scans | Follow Through Swing, 20 EMA Bases, IPO Bases |
| Tools | Chart Terminal, watchlist, Trade Journal, Qty calculator |
| Lectures | Basic lectures in every plan; Advance “Swing DNA” lectures in Annual Pro |
| Devices | Mobile and desktop browsers |
| Plans from | ₹3,499 for 3 months |
| Built by | CA Devang Maheshwari, founder of Equialpha |
What N.E.X.T is (and isn't)
N.E.X.T stands for Navigate · Evaluate · eXamine · Track. It reads Indian markets top-down: market direction, then industry strength, then three focused momentum scans, so a short list of candidates reaches your chart for review.
Key idea
N.E.X.T is an analytics platform. It does not place orders, is not a broker and does not recommend stocks or give buy/sell advice. Every decision stays yours.
Plans
| Plan | Price | Duration | Lectures |
|---|---|---|---|
| Quarterly | ₹3,499 | 3 months | Basic lectures |
| Annual | ₹8,499 | 12 months | Basic lectures |
| Annual Pro | ₹18,998 | 12 months | Basic + Advance (Swing DNA) lectures |
| Advance lectures upgrade | ₹10,499 | One-time | Adds Advance lectures |
Prices in INR as of November 2026. See pricing for current details.
How it works
- Check market direction — See whether the market is in an uptrend, a downtrend or trying to turn.
- Find strong industries — N.E.X.T Momentum rates 65+ industries; the Leading Industries view shows where strength is concentrated.
- Review the three scans — Follow Through Swing, 20 EMA Bases and IPO Bases list matching stocks, with pivots and overlays in the Chart Terminal.
- Plan and track — Add candidates to your watchlist, size with the Qty calculator and record trades in the Trade Journal.
Frequently asked questions
Who is N.E.X.T for?
It's for swing traders in Indian markets — from beginners learning a process to experienced traders — who hold positions for days to weeks and want a focused, top-down view instead of dozens of tools.
How is N.E.X.T different from a stock scanner?
A typical scanner lists stocks matching filters you build. N.E.X.T adds the context first — market direction and industry momentum — then runs three focused momentum scans with stock ratings, chart overlays, a watchlist and a trade journal.
What are the three scans on N.E.X.T?
Follow Through Swing (a strong run into a pivot high, then a short pause above the 10 EMA), 20 EMA Bases (a leader pulling back to its 20 EMA and coiling tight) and IPO Bases (a new listing basing near its highest high since listing).
How many stocks and industries does N.E.X.T cover?
N.E.X.T covers 2,100+ NSE stocks and 65+ industries.
How often is the data updated?
Scan results update at the end of each trading day. Industry ratings are refreshed through market hours.
What does N.E.X.T Momentum mean?
N.E.X.T Momentum is a multi-factor momentum verdict for each industry. It helps you see which industries currently have strength and which are weak.
How are stocks rated on N.E.X.T?
Stock ratings combine trend, industry strength, relative strength and scan activity. Read how the N.E.X.T stock rating works for details.
What are the N.E.X.T plans and prices?
Quarterly is ₹3,499 for 3 months, Annual is ₹8,499 for 12 months and Annual Pro is ₹18,998 for 12 months including Advance lectures. See pricing.
What is included in Annual Pro?
Annual Pro includes 12 months of the full platform plus the Advance “Swing DNA” lectures, in addition to the Basic lectures every plan has.
Is there a course with N.E.X.T?
Yes. Basic lectures are included in every plan. The Advance “Swing DNA” lectures come with Annual Pro or as a one-time ₹10,499 upgrade.
Does N.E.X.T work on mobile?
Yes. N.E.X.T works in both mobile and desktop browsers.
Does N.E.X.T give stock tips or recommend stocks?
No. N.E.X.T gives no tips and makes no recommendations. Its scans and ratings are screening tools for your own review, not buy or sell advice.
Does N.E.X.T place orders?
No. N.E.X.T is not a broker and does not execute trades. You place any orders yourself through your own broker.
Who built N.E.X.T?
N.E.X.T was built by CA Devang Maheshwari, a full-time swing trader for 8 years and founder of Equialpha.
What do users say about Equialpha?
Equialpha is rated 4.7/5 on Trustpilot from 334+ reviews.
Is there any free content?
Yes. Free daily market reports are published at /daily.
How can I see N.E.X.T before buying?
Watch the walkthrough at /demo to see market direction, industry ratings and the three scans on real screens.
What is the refund policy?
Refund terms and other legal policies are listed on the legal page.
How do I contact N.E.X.T?
Email devang@equialpha.com with any questions about the platform or plans.
See N.E.X.T before you decide
Watch the N.E.X.T walkthrough to see market direction, industry momentum and the three focused scans on real screens.
Get every guide in one PDF
The free NEXT Swing Trading Playbook — 11 chapters, charts and printable checklists.
Keep reading
- The Top-Down Approach to Swing Trading →
- Swing Trading Setups: What They Are and the 3 We Use →
- N.E.X.T vs Chartink: Which Fits Your Swing Trading? →
- N.E.X.T vs TradingView Screener for Indian Swing Traders →
- How the N.E.X.T stock rating works →
- Free daily market reports →
Written by CA Devang Maheshwari — full-time swing trader for 8 years, founder of Equialpha and builder of N.E.X.T, the swing trading platform for Indian markets. About Devang