Daily market report
Friday, 18 September 2026
Uptrend try (day 1) · breadth improving · Engineering leading · 1 industry turned Strong
Market direction
Nifty MidSmall 400 vs its 10 & 20 EMA
🟡 Uptrend Try
Price is back above the 10 EMA, but the 10 EMA is still under the 20 EMA — moderate size, controlled risk until it confirms.
Index
21,239
10 EMA
21,171
20 EMA
21,276
Last 30 sessions
Market mood
Caution39/100
Nifty 50
+0.33%
Nifty 500 (Broad)
+1.50%
Market breadth
Advancers vs decliners
Advancing
1404
Declining
708
A/D Ratio
1.98
Unchanged
51
New 52W highs
57
vs
New 52W lows
39
New highs and lows are roughly balanced.
▲ Top 5 gainers
▼ Top 5 losers
Biggest % moves of the day across the N.E.X.T universe. Market data, not recommendations.
% stocks above key EMAs · vs last session
EMA 20
40%
▲ 12.9 pts
EMA 50
43%
▲ 9.1 pts
EMA 200
53%
▲ 4.3 pts
% above the 50 EMA, last 20 sessions — breadth improving
Industries
Weak Industries
40
of 66
🔄 Changes since the last session
▲ Turned Strong (1)
▼ Dropped from Strong (0)
No industry dropped from Strong today.
🚀 Top 5 Industries and N.E.X.T Verdictby % change
📉 Top 5 Worst Industries and N.E.X.T Verdictby % change
The full N.E.X.T Momentum rating for every industry, with rank trends and the momentum cycle, is inside N.E.X.T.
The 3 NEXT scans
Today: fewer Follow Through Swing candidates than usual. The stock lists, with pivots and levels drawn, are inside N.E.X.T. Counts are screening outputs, not recommendations.
📅 The week in one card
Compared with Thursday, 10 September 2026
Market direction
Downtrend → Uptrend try
% above 50 EMA
46% → 43% (-3 pts)
Strong industries
7 → 2 (-5)
📖 Learn for today’s market
The top-down approach — read the market first →
An attempted turn is when market direction matters most.

Free PDF · Learn the process first
📘 NEXT Swing Trading Playbook
Market → industries → 3 focused scans, explained with charts and printable checklists. Free, in one PDF.
Want more analysis like this?
N.E.X.T — Swing trading platform for Indian markets
Top-down momentum with focused scans: market direction, 65+ industries rated on momentum and 3 NEXT scans across 2,100+ NSE stocks — plus position sizing and a trade journal.