Is there a free app out there that would alert me instantly when any stock on the nifty 50 reaches moves a certain % (say, a price either 5% Higher or 5% lower) from that of the previous close?

I trade mostly from my mobile so I can’t Pi or other desktop applications for it.

Check out Sentinel, it’s website but sends you notifications once your criteria is met via email or to your Kite account.

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There is also Streak that would give you alerts based on your required percentages.