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Market Pulse by Vish

Issue #82· Tue, 23 Jun 2026· After market close· NIFTY 24,176 +0.34%
Daily Market Recap

Neutral regime — reduce exposure, trade thinner, wait for clarity.

NIFTY 20d 24,176 +0.34%
BULL
SignalBUY
ConfluenceHIGH
3-GateNEUTRAL
N500 70.6% bull vs FII −228K short — GEX amplifies next break
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NIFTY closed at 24,176 (+0.34%) with max pain at 23,850; MA structure reveals SMA5 (24,039) crossing above SMA50 (23,849) while SMA20 (23,644) trails below, confirming price leading trend. Institutional flow shows FII futures net short -228,561 contracts against DII net long +67,254, with GEX at ₹175Cr in the dealer pin zone and PCR at 0.83. Global headwind stems from DXY’s 1.27% rise over 20 days and a global score of 0, even as sectors like Media, Pvt Banks, and Realty lead while IT and CPSE decline. Despite the bull regime, the neutral headline dictates reducing exposure, trading thinner, and waiting for clarity.

Smart Money Flow
FII Net Futures
−2.29L
20d trend · Strongly Bearish

▲ Shorts easing

DII Net Futures
+67K
20d trend

▲ Steady buying

Retail (Client)
+1.63L
20d trend
Pro Desk
−2K
20d trend
Options Landscape
PCR0.83 
Calls49%
GEX175 Cr
Max Pain23,850

PCR 0.83 — bearish lean. GEX 175 Cr. Gamma walls: upper 23,850 (CE), lower 23,800 (PE).

OI Vectors
ITM
▼ -3.48
ATM
▼ -1.56
OTM
▲ +5.29

BEAR MIXED. Institutional positioning signals directional intent in the dominant vector.

Breadth (2-Layer)
Nifty 500 Breadth
70.6%
351 bullish of 586 tracked · 20d trend

▲ Expanding — broad market

Nifty 50 Breadth
70.6%
351 bullish of 50 large caps · 20d trend

▲ Large caps bullish

⚡ The Tension

FII are net short ₹2.29L while DII absorbed +67K — a 3:1 institutional divergence with no clear resolution.

📍 Levels to Watch

23,850 — CE wall / gamma pin.

23,800 — PE wall. Close below triggers dealer selling.

23,849 — SMA50. First structural support.

23,644 — SMA20. Medium-term confirmation.

Regime Check
RegimeBULL
Breadth StateNARROW
BiasLONG
Confidence
73%
Volatility
12.2%
Conviction
HIGH

MA stack: SMA5 (24,039) / SMA20 (23,644) / SMA50 (23,849) — MA20 < MA50 < MA5.

Strategic Takeaway

Neutral — stock-specific alpha. Focus on CONVAIR LEADING signals only.

Intraday Positioning
FlowNORMAL
MomentumACCELERATING
StructureBEAR MIXED
ATM Vector
-1.555
Call Pressure
49%
Put Pressure
50%

ATM net vector -1.56. ITM -3.48 confirms bearish positioning.

Strategic Takeaway

Bearish — hedge or exit.

Top Signals — CONVAIR Fusion
Today’s Picks · 5 of 5 MA-aligned
Fusionrvol20DMA
GVT&DCapital Goods8.063.1×+11.5%▲▲ LEADING
ABSLAMCFinancial Services7.62.4×+19.5%▲▲ LEADING
SOLARINDSChemicals7.451.4×-1.4%▲▲ LEADING
AIAENGCapital Goods7.254.0×+17.9%▲▲ LEADING
CARTRADEConsumer Services7.24.7×+55.1%▲▲ LEADING
Strategic Takeaway

Confirm entries with rvol > 1.5×. All signals require dual-timeframe MA alignment.

Global Context
Global Score+0 (Neutral)
PostureBalanced
StateMixed Globe · Nifty Resilient
Risk Momentum
2/4 positive
DXY 20d
+1.27%
Nifty vs World
+2.03%
Nifty Global Rank
#1 of 10

1=best performer · Nifty highlighted

2/4 of SPX/NDX/DAX/NKY positive 20D. DXY 20D return: +1.27%.

Nikkei 225-2.47%
FTSE 100+1.78%
DAX+2.2%
Nifty 50 ▶+0.71%
S&P 500+0.25%
Nasdaq-0.2%
Hang Seng+0.76%
Crude Oil-1.18%
Gold+1.66%
Strategic Takeaway

Global score +0 (Neutral). Macro neutral — follow domestic signals.

Sector Rotation
▲ Leadership
Media+11.8%Score 78.8
Pvt Banks+6.1%Score 61.6
Realty+5.3%Score 53.9
↻ Accumulating / Reversing
Metals-1.4%Score 37.1
Commodities-1.2%Score 36.6
FMCG-1.8%Score 21.5
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