Watch for Follow-Through Day. Small pilot buys only.
Bonde indicator: >15% = momentum market, <8% = range/bear
Nifty 50: 23659 (+0.17%)
Distribution: 1 active in 25 sessions
Rally Attempt: Day 29 — eligible for FTD
Breadth: 1049 adv / 1085 dec (0.97)
500 has 5 distribution days vs Nifty 50's 1. Institutional selling concentrated in the broader market. Large-cap weakness often follows — watch for contagion.
Day 29 of rally from 22183 low (2026-04-06). Nifty at 23659 (+0.17% today, +6.7% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.
Less than 40% above 200-day SMA. Change from prev day — 200d: -0.2pp | 50d: +0.2pp. Weak but not extreme — watch for stabilization.
MIDCAP 150 has 4 distribution days vs Nifty 50's 1. Institutional selling concentrated in mid-caps. Large-cap weakness often follows — watch for contagion.
Nifty 50: 23618 (-0.14%)
Distribution: 1 active in 25 sessions
Rally Attempt: Day 28 — eligible for FTD
Breadth: 1395 adv / 760 dec (1.84)
500 has 5 distribution days vs Nifty 50's 1. Institutional selling concentrated in the broader market. Large-cap weakness often follows — watch for contagion.
Day 28 of rally from 22183 low (2026-04-06). Nifty at 23618 (-0.14% today, +6.5% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.
Less than 40% above 200-day SMA. Change from prev day — 200d: +2.4pp | 50d: +3.5pp. Weak but not extreme — watch for stabilization.
MIDCAP 150 has 4 distribution days vs Nifty 50's 1. Institutional selling concentrated in mid-caps. Large-cap weakness often follows — watch for contagion.