Market Pulse by Vish
NIFTY pins at 24,176 — directionless; wait for the tape to show its hand.
NIFTY closed at 24,176, pinning at max pain 24,000, with the bear stack intact: SMA5 23,429, SMA20 23,551, SMA50 23,751. FII futures net short 241,241 contracts versus DII long 73,972, while the global score of zero and DXY’s 1.27% 20-day rise exert a headwind. Breadth at 64.3% above MA20, PCR 0.83, and GEX ₹347Cr in the dealer pin zone confirm the bull regime, but with no sector leadership, the actionable conclusion is to hold until the tape breaks the pin.
▲ Shorts easing
▲ Steady buying
PCR 0.83 — bearish lean. GEX 347 Cr. Gamma walls: upper 24,000 (CE), lower 23,800 (PE).
STRONG BULL. Institutional positioning signals directional intent in the dominant vector.
▲ Expanding — broad market
▲ Large caps bullish
FII are net short ₹2.41L while DII absorbed +74K — a 3:1 institutional divergence with no clear resolution.
24,000 — CE wall / gamma pin.
23,800 — PE wall. Close below triggers dealer selling.
23,751 — SMA50. First structural support.
23,551 — SMA20. Medium-term confirmation.
MA stack: SMA5 (23,429) / SMA20 (23,551) / SMA50 (23,751) — MA5 < MA20 < MA50.
Neutral — stock-specific alpha. Focus on CONVAIR LEADING signals only.
ATM net vector +0.64. ITM +2.32 confirms bullish positioning.
Constructive — add on dips.
| Fusion | rvol | 20D | MA | |
|---|---|---|---|---|
| ABSLAMCFinancial Services | 7.81 | 3.5× | +16.1% | ▲▲ LEADING |
| AIILFinancial Services | 7.75 | 30.3× | +12.3% | ▲▲ LEADING |
| DATAPATTNSCapital Goods | 7.08 | 3.0× | +17.9% | ▲▲ LEADING |
| NETWEBInformation Technology | 6.97 | 1.8× | +21.2% | ▲▲ LEADING |
| EICHERMOTAutomobile and Auto Components | 6.81 | 1.2× | +10.3% | ▲▲ 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.