Market Pulse by Vish
NIFTY bounces +1.08% but regime stays neutral — conviction low, scale slowly.
NIFTY closed at 24,176 (+1.08%) with max pain at 24,000, as the SMA5 (23,979) crossed above the SMA50 (23,834) but the SMA20 (23,727) lagged, underscoring price-driven trend leadership. Institutional flow reveals FII futures at -260,059 contracts and DII at +60,889, while GEX at ₹162Cr in the dealer pin zone, alongside DXY advancing 1.27% over 20 days and a neutral global score of 0, intensifying headwinds. With 61.2% of N500 above MA20, sectors like Pvt Banks, Media, and Realty leading and IT declining, the PCR at 1.2 and moderate unwind dictate scaling slowly amid low conviction in the bull regime.
▲ Shorts easing
▲ Steady buying
PCR 1.2 — mildly bullish. GEX 162 Cr. Gamma walls: upper 24,000 (CE), lower 24,000 (PE).
STRONG BEAR. Institutional positioning signals directional intent in the dominant vector.
▲ Expanding — broad market
▲ Large caps bullish
FII are net short ₹2.6L while DII absorbed +61K — a 3:1 institutional divergence with no clear resolution.
24,000 — CE wall / gamma pin.
24,000 — PE wall. Close below triggers dealer selling.
23,834 — SMA50. First structural support.
23,727 — SMA20. Medium-term confirmation.
MA stack: SMA5 (23,979) / SMA20 (23,727) / SMA50 (23,834) — MA20 < MA50 < MA5.
Neutral — stock-specific alpha. Focus on CONVAIR LEADING signals only.
ATM net vector -1.56. ITM -14.05 confirms bearish positioning.
Bearish — hedge or exit.
| Fusion | rvol | 20D | MA | |
|---|---|---|---|---|
| MARUTIAutomobile and Auto Components | 7.45 | 2.5× | +10.4% | ▲▲ LEADING |
| HEXTInformation Technology | 7.34 | 4.0× | +2.6% | ▲▲ LEADING |
| SOLARINDSChemicals | 7.32 | 1.3× | +0.2% | ▲▲ LEADING |
| CARTRADEConsumer Services | 7.2 | 4.2× | +43.4% | ▲▲ LEADING |
| ZYDUSWELLFast Moving Consumer Goods | 7.07 | 3.4× | +13.1% | ▲▲ 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.