Market Pulse by Vish
Neutral regime — reduce exposure, trade thinner, wait for clarity.
NIFTY closed at 24,176, up 0.78%, with max pain at 24,200, as SMA5 at 24,010 crossed above SMA50 at 23,830 but SMA20 at 23,765 remains below, indicating a tentative bullish MA structure led by price momentum. FII futures held net short at -256,900 contracts while DII added 64,596 longs, with GEX at ₹223Cr in the dealer pin zone, yet global headwinds from DXY up 1.27% over 20 days and a global score of 0 cap upside, while N500 breadth at 67.3% above MA20 and PCR at 0.96 reflect moderate unwind in a bull regime. Leading sectors like Pvt Banks and Realty contrast with IT and CPSE declines, but the headline neutral regime suggests reducing exposure, trading thinner, and waiting for clarity.
▲ Shorts easing
▲ Steady buying
PCR 0.96 — bearish lean. GEX 223 Cr. Gamma walls: upper 24,200 (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 ₹2.57L while DII absorbed +65K — a 3:1 institutional divergence with no clear resolution.
24,200 — CE wall / gamma pin.
24,000 — PE wall. Close below triggers dealer selling.
23,830 — SMA50. First structural support.
23,765 — SMA20. Medium-term confirmation.
MA stack: SMA5 (24,010) / SMA20 (23,765) / SMA50 (23,830) — MA20 < MA50 < MA5.
Neutral — stock-specific alpha. Focus on CONVAIR LEADING signals only.
ATM net vector -18.69. ITM -13.11 confirms bearish positioning.
Bearish — hedge or exit.
| Fusion | rvol | 20D | MA | |
|---|---|---|---|---|
| PHOENIXLTDRealty | 7.4 | 3.7× | +16.4% | ▲▲ LEADING |
| CHOICEINFinancial Services | 7.27 | 2.9× | +16.2% | ▲▲ LEADING |
| AIILFinancial Services | 7.08 | 1.4× | +15.9% | ▲▲ LEADING |
| ZYDUSWELLFast Moving Consumer Goods | 7.07 | 9.5× | +18.6% | ▲▲ LEADING |
| SOLARINDSChemicals | 7.05 | 0.9× | +2.0% | ▲▲ 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.