Market Pulse by Vish
NIFTY bounces +0.82% but regime stays neutral — conviction low, scale slowly.
NIFTY closed at 24,176 with a 0.82% gain and max pain at 23,900, as SMA5 at 23,943 crossed above SMA50 at 23,841 while SMA20 at 23,701 lags, confirming price-led trend initiation. Institutional flows show FII futures short of -256,410 contracts against DII buying of +60,881, with a global score of 0 and DXY up 1.27% in 20 days amplifying headwinds. Sector breadth at 58.8% above MA20 and PCR at 0.82 reflect moderate buildup in private banks, media, and realty, leading to the actionable conclusion to scale slowly given conviction gaps.
▲ Shorts easing
▲ Steady buying
PCR 0.82 — bearish lean. GEX 0 Cr. Gamma walls: upper 23,900 (CE), lower 23,850 (PE).
BEAR MIXED. Institutional positioning signals directional intent in the dominant vector.
▲ Expanding — broad market
▲ Large caps bullish
FII are net short ₹2.56L while DII absorbed +61K — a 3:1 institutional divergence with no clear resolution.
23,900 — CE wall / gamma pin.
23,850 — PE wall. Close below triggers dealer selling.
23,841 — SMA50. First structural support.
23,701 — SMA20. Medium-term confirmation.
MA stack: SMA5 (23,943) / SMA20 (23,701) / SMA50 (23,841) — MA20 < MA50 < MA5.
Neutral — stock-specific alpha. Focus on CONVAIR LEADING signals only.
ATM net vector -237.52. ITM -8.35 confirms bearish positioning.
Bearish — hedge or exit.
| Fusion | rvol | 20D | MA | |
|---|---|---|---|---|
| SOLARINDSChemicals | 8.3 | 2.9× | +1.7% | ▲▲ LEADING |
| JBCHEPHARMHealthcare | 7.89 | 3.2× | +7.8% | ▲▲ LEADING |
| VIJAYAHealthcare | 7.56 | 5.9× | +2.7% | ▲▲ LEADING |
| PHOENIXLTDRealty | 7.26 | 2.3× | +14.2% | ▲▲ LEADING |
| AIAENGCapital Goods | 7.25 | 2.8× | +11.6% | ▲▲ 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.