Market Pulse by Vish
NIFTY bounces +4.06% but regime stays neutral — conviction low, scale slowly.
NIFTY’s 4.06% surge to 24,176 sits above a bearish MA stack—SMA5 23,276, SMA20 23,555, SMA50 23,706—with max pain at 23,300 exposing the rally’s technical fragility. Institutional flows reveal FII futures at -271,979 versus DII +53,589, while global headwinds from DXY’s 1.27% 20-day rise and a neutral global score of 0 suppress momentum. GEX ₹70Cr in the dealer pin zone, breadth 35.1% above MA20, and PCR 1.13 underscore low conviction, mandating scale-in caution despite the bull regime label.
▲ Shorts easing
▲ Steady buying
PCR 1.13 — mildly bullish. GEX 70 Cr. Gamma walls: upper 23,300 (CE), lower 23,200 (PE).
BULL MIXED. Institutional positioning signals directional intent in the dominant vector.
▼ Contracting — broad market
▼ Large caps lagging
FII are net short ₹2.72L while DII absorbed +54K — a 3:1 institutional divergence with no clear resolution.
23,300 — CE wall / gamma pin.
23,200 — PE wall. Close below triggers dealer selling.
23,706 — SMA50. First structural support.
23,555 — SMA20. Medium-term confirmation.
MA stack: SMA5 (23,276) / SMA20 (23,555) / SMA50 (23,706) — MA5 < MA20 < MA50.
Neutral — stock-specific alpha. Focus on CONVAIR LEADING signals only.
ATM net vector +0.05. ITM +0.94 confirms bullish positioning.
Constructive — add on dips.
| Fusion | rvol | 20D | MA | |
|---|---|---|---|---|
| ABSLAMCFinancial Services | 7.55 | 2.2× | +7.4% | ▲▲ LEADING |
| CARTRADEConsumer Services | 7.31 | 21.9× | +29.8% | ▲▲ LEADING |
| JBCHEPHARMHealthcare | 7.3 | 1.7× | +5.1% | ▲▲ LEADING |
| DATAPATTNSCapital Goods | 7.08 | 4.8× | +3.8% | ▲▲ LEADING |
| CEMPROConstruction | 6.81 | 2.0× | +39.4% | ▲▲ LEADING |
Confirm entries with rvol > 1.5×. All signals require dual-timeframe MA alignment.
1=best performer · Nifty highlighted
2/4 of SPX/NDX/DAX/NKY positive 20D. DXY 20D return: +1.27%.
Global score +0 (Neutral). Macro neutral — follow domestic signals.
No leadership sectors today.
No reversal candidates today.