Sensibull Alternative for Equity + F&O Traders

What Sensibull does

Sensibull is an options analytics and trading platform. Its main tools are option chains, open interest and straddle charts, a strategy builder with payoff analysis, an options screener, technical signals for F&O stocks and Draft Portfolios for virtual trades (sensibull.com).

Pricing: free for Zerodha users since July 2023 (Zerodha announcement). Users of other brokers get a free plan and a paid Pro plan.
Brokers: Zerodha, Angel One, Upstox and ICICI Direct.
Exits: Conditional Exits close positions when NIFTY or SENSEX crosses a level, through Zerodha (Sensibull blog).

What VolumeLens does

Stock scanner — 55+ filters across about 2,000 NSE stocks, including SEPA-style trend templates, relative strength and delivery percentage.
Order flow — footprint charts, cumulative volume delta, volume profile, a depth ladder and large-trade detection for NSE stocks and index futures and options.
AI analysis — AI Mentor and Market Eye describe charts and order flow in plain language or voice, in seven Indian languages.
Orders and stops — a trade planner, trailing stops and GTT OCO on connected Zerodha or Groww accounts.

VolumeLens does not currently offer an options strategy builder, payoff analysis or virtual trading to users. For those, Sensibull is the specialist.

VolumeLens vs Sensibull — head-to-head

Capability	Sensibull	VolumeLens
Options strategy builder with payoff	Yes	Not currently offered
Option chain, OI and straddle charts	Yes	Not currently offered
Virtual trading	Draft Portfolios	Not offered (scanner strategy backtesting instead)
Automated exits	Conditional Exits on NIFTY/SENSEX levels (Zerodha)	Percentage or step trailing stops and GTT OCO (Zerodha, Groww)
Stock scanner	Options screener and technical signals for F&O stocks	55+ filters, about 2,000 NSE stocks
Order flow (footprint, CVD, volume profile)	No	Yes
AI chart analysis	Not on its feature list	AI Mentor and Market Eye
Brokers	Zerodha, Angel One, Upstox, ICICI Direct	Zerodha, Groww
Pricing	Free for Zerodha users; free plan and Pro for other brokers	Free features + pay-per-use coins

Which one fits which job

Building and adjusting option strategies — iron condors, spreads, straddles, payoff at expiry — is what Sensibull is built for.

Finding stocks, reading who is driving the underlying, and getting an AI description of the chart is what VolumeLens is built for. Order flow on NIFTY and BANKNIFTY futures shows whether a move in the index is carried by aggressive buying or selling — context an options trader can use alongside an options platform.

Both connect to Zerodha, so using them side by side needs no change of broker.

Frequently asked questions

Is VolumeLens an options platform like Sensibull?

No. VolumeLens does not currently offer an options strategy builder or payoff analysis. It focuses on stock scanning, order flow for NSE stocks and index futures and options, and AI chart analysis.

Is Sensibull free?

Sensibull has been free for Zerodha users since July 2023. Users of other supported brokers get a free plan and a paid Pro plan.

Does Sensibull have order flow charts?

Footprint charts, cumulative volume delta and volume profile are not on Sensibull's feature list. VolumeLens provides them for about 2,000 NSE stocks and index futures and options.

Does Sensibull work with Groww?

Groww is not among the brokers Sensibull lists — Zerodha, Angel One, Upstox and ICICI Direct. VolumeLens supports Zerodha and Groww.

Can I use Sensibull and VolumeLens together?

Yes. Both connect to Zerodha, so a trader can build option strategies on Sensibull and use VolumeLens for scanning, order flow and AI analysis.

Does VolumeLens have paper trading?

Not currently. VolumeLens offers backtesting of scanner strategies on historical daily data.

A Sensibull Alternative for Traders Who Do More Than Options