The StratLab Daily
No. 82 · Friday 19 Jun 2026 · NSE, data through close
Redesign v5 · One-thesis + Market Health · Real data
Risk jumped 2 tiers to Elevated.
NIFTY −0.64% to 24,013. A multi-tier risk move in one session is rare — the engine's five-tier scale rarely skips a step.
What happenedNIFTY −0.64% to 24,013. Risk jumped 2 tiers to Elevated.
The tensionMarket Health is Healthy Uptrend at Elevated risk, 51st percentile.
Net readA tactical move inside a fragile backdrop.
Nifty Close
24,013.10
−0.64%
Market Phase
🟢 Healthy Uptrend
session 1 · → stable
Risk
Elevated
confidence 55
FII Idx Fut
−226.4K
13.0th %ile
Walls
24.0–24.1K
PE base · CE wall
01 The crowd
Risk jumped 2 tiers to Elevated.
Positioning over the last 20 sessions
FII net index futures · 20 sessions · '000 contracts · endpoint = 19 Jun · source: StratLab participant OI
What this means: A multi-tier risk move in one session is rare — the engine's five-tier scale rarely skips a step.
02 The turn
What changed today
What this means: Low → Elevated · confidence 55
03 The catch
Market Health reads Healthy Uptrend
Market health over the last 20 sessions
Market Health Index · 20 sessions · 0–100 · endpoint = 19 Jun · percentiles vs 1,223 sessions
What this means: the index moved; Market Health's 51st-percentile read says the internals haven't confirmed it yet.
Phase
🟢 Healthy Uptrend
risk Elevated
Participation
66.1323
delivery breadth
StratLab Breadth Index
72.1
89th %ile, trailing year
04 Days like today
15 sessions like this one.
Every session sharing today's Market Health signature — healthy uptrend, Elevated risk — 15 of them on record.
Conditions analog · Phase + Trend + Risk match
n = 15 · tier: exact
| Horizon | Avg | Median | Win rate | Worst |
|---|
| Next session | −0.19% | −0.21% | 33% | −1.30% |
| Next 5 sessions | −1.03% | −1.31% | 20% | −3.20% |
| Next 10 sessions | −0.45% | −0.53% | 40% | −3.25% |
| Next 20 sessions | −0.31% | +1.04% | 60% | −10.29% |
This compares today against every session sharing the same Market Health signature, regardless of what triggered it.
Conditions like today historically favored caution, with exposure kept tight.
05 Tomorrow's tripwires
Three checks that settle the argument
Market Phase exits upward
Healthy Uptrend runs a median of 1 session(s) (max 7) — this is session 1. 55% of exits went up.
Market Health crosses the 50 midline
MHI at 68.3 — a close back above 50 would end the 51st-percentile read.
Phase slips to Bear Market
0.0% of Healthy Uptrend exits went straight to Bear — the conditions analog's worst 5-session outcome (−3.20%) lives on that path.
The ledger
Where that leaves us
Lines up bullish
- Risk jumped 2 tiers to Elevated.
Lines up bearish
- Market Health 51st percentile · Elevated risk
- Conditions analog: −1.03% avg next 5 · 20% win
Net read: A tactical move inside a fragile backdrop.
Risk jumped 2 tiers to Elevated. A tactical move inside a fragile backdrop.
Regime
BULL