when script in asm stage 4 then stock can remove from mtf list ?

In ASM Stage 4, a stock can be removed from the list only when it no longer meets the ASM exit criteria during the exchange review, not just because it reached Stage 4. NSE’s ASM FAQ says Stage IV stocks move down to Stage III if they fail the stage-4 entry checks on review, and stocks can leave ASM once volatility and abnormal trading conditions normalize.

Simple meaning

• Stage 4 is the highest ASM restriction level, so removal does not happen immediately.
• The exchange reviews the stock periodically.
• If the stock’s price movement, volume, and risk profile improve, it can exit ASM.
• If it still looks risky, it stays in the framework or may move through stages based on review rules.

Practical takeaway

For traders, the important point is that ASM is a surveillance framework, not a punishment. A stock usually comes out only after the exchange sees sustained normal trading behavior, so timing can vary from stock to stock.

Forum-style answer

“Stage 4 me aaya toh stock automatically remove nahi hota. Review me agar criteria normal ho gaye tabhi ASM se बाहर ja sakta hai.”

TL;DR

A stock in ASM Stage 4 can be removed from the MTF/ASM restriction list only after exchange review shows it no longer meets ASM conditions; there is no automatic removal just because it is in Stage 4.