Tighten stops. No new aggressive buys.
Bonde indicator: >15% = momentum market, <8% = range/bear
Nifty 50: 24334 (+1.09%)
Distribution: 3 active in 25 sessions
Rally Attempt: Day 25 — eligible for FTD
Breadth: 715 adv / 1416 dec (0.50)
Day 25 of rally from 23070 low (2026-06-09). Nifty at 24334 (+1.09% today, +5.5% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.
Missing: SMA50 > SMA200, SMA200 trending up. Power trend activates when all 6 Minervini conditions align.
Nifty 50: 24073 (-0.02%)
Distribution: 3 active in 25 sessions
Rally Attempt: Day 24 — eligible for FTD
Breadth: 904 adv / 1245 dec (0.73)
Day 24 of rally from 23070 low (2026-06-09). Nifty at 24073 (-0.02% today, +4.3% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.
Nifty 50: 24079 (+0.11%)
Distribution: 3 active in 25 sessions (was 4)
Rally Attempt: Day 23 — eligible for FTD
Breadth: 1125 adv / 1004 dec (1.12)
Day 23 of rally from 23070 low (2026-06-09). Nifty at 24079 (+0.11% today, +4.4% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.
Nifty 50: 24052 (-0.66%)
⚠ Today is a Distribution Day
Distribution: 4 active in 25 sessions (was 3)
Rally Attempt: Day 22 — eligible for FTD
Nifty 50 fell -0.66% on above-average volume — institutional selling detected. Accumulating distribution. Watch for further weakness.
Day 22 of rally from 23070 low (2026-06-09). Nifty at 24052 (-0.66% today, +4.3% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.