Market Pulse by Vish
NIFTY bounces +1.60% but regime stays neutral — conviction low, scale slowly.
NIFTY closed at 24,176, up 1.60%, with max pain at 24,000; the SMA5 cross above SMA50 (24,026 vs 23,849) is undermined by SMA20 lagging at 23,649, illustrating price leading an incomplete moving average transition. Institutional flows remain conflicted with FII futures at -229,053 contracts against DII buying 66,463, while GEX of ₹169 crore marks dealer pin zone, and global headwinds persist with a score of 0 and DXY gaining 1.27% over 20 days. Despite breadth at 71.3% above MA20 on the N500, driven by Media, Private Banks, and Pharma while IT and CPSE lag, the moderate unwind and PCR of 1.1 dictate scaling—not aggressive conviction—under this bull regime.
▲ Shorts easing
▲ Steady buying
PCR 1.1 — mildly bullish. GEX 169 Cr. Gamma walls: upper 24,000 (CE), lower 24,000 (PE).
STRONG BULL. Institutional positioning signals directional intent in the dominant vector.
▲ Expanding — broad market
▲ Large caps bullish
FII are net short ₹2.29L while DII absorbed +66K — a 3:1 institutional divergence with no clear resolution.
24,000 — CE wall / gamma pin.
24,000 — PE wall. Close below triggers dealer selling.
23,849 — SMA50. First structural support.
23,649 — SMA20. Medium-term confirmation.
MA stack: SMA5 (24,026) / SMA20 (23,649) / SMA50 (23,849) — MA20 < MA50 < MA5.
Neutral — stock-specific alpha. Focus on CONVAIR LEADING signals only.
ATM net vector +0.03. ITM +0.31 confirms bullish positioning.
Constructive — add on dips.
| Fusion | rvol | 20D | MA | |
|---|---|---|---|---|
| RRKABELCapital Goods | 6.92 | 1.9× | +25.0% | ▲▲ LEADING |
| ABSLAMCFinancial Services | 6.91 | 1.5× | +16.3% | ▲▲ LEADING |
| ZYDUSWELLFast Moving Consumer Goods | 6.7 | 2.0× | +9.2% | ▲▲ LEADING |
| ACUTAASHealthcare | 6.67 | 1.0× | +8.9% | ▲▲ LEADING |
| JBCHEPHARMHealthcare | 6.61 | 0.9× | +1.3% | ▲▲ 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.