Daily market report

Monday, 21 September 2026

Uptrend try (day 2) · breadth steady · Defence leading · 2 industries turned Strong

1

Market direction

Nifty MidSmall 400 vs its 10 & 20 EMA

🟡 Uptrend Try

Day 2

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

21,184

10 EMA

21,165

20 EMA

21,261

Last 30 sessions

🟠

Market mood

Caution40/100

BearishCautionNeutralBullishEuphoria

Nifty 50

+0.29%

Nifty 500 (Broad)

-0.26%

2

Market breadth

Advancers vs decliners

Advancing

959

Declining

1135

A/D Ratio

0.84

Unchanged

70

New 52W highs

65

vs

New 52W lows

41

New highs clearly outnumber new lows — leadership is broadening.

▲ Top 5 gainers

ARVEESpecialty Chemicals+20.00%
PROTEANInternet & E-commerce+20.00%
SRHHYPOLTDSpecialty Chemicals+20.00%
TANAA—+19.99%
INDORAMATextile - Yarn & Fibre+17.02%

▼ Top 5 losers

TRELLogistics-10.05%
LCCPROJECTInfrastructure & Construction-9.28%
OFSSIT Products-8.28%
TCCInfrastructure & Construction-7.74%
MACPOWEREngineering-7.09%

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%

▼ 0.2 pts

EMA 50

44%

▲ 0.6 pts

EMA 200

52%

▼ 0.7 pts

% above the 50 EMA, last 20 sessions — breadth steady

3

Industries

Weak Industries

37

of 66

🔄 Changes since the last session

▲ Turned Strong (2)

EngineeringCables & Wires

▼ Dropped from Strong (2)

DefenceUnknown

🚀 Top 5 Industries and N.E.X.T Verdictby % change

DefenceModerate+1.55%
Basic ChemicalsMixed+1.34%
PharmaModerate+1.26%
Internet & E-commerce+1.21%
Textile - Yarn & Fibre+1.18%

📉 Top 5 Worst Industries and N.E.X.T Verdictby % change

TyresWeak-1.33%
EdTechWeak-1.05%
Personal CareWeak-0.91%
Oil & Gas-0.85%
IT Hardware-0.63%

The full N.E.X.T Momentum rating for every industry, with rank trends and the momentum cycle, is inside N.E.X.T.

4

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.

📖 Learn for today’s market

The top-down approach — read the market first →

An attempted turn is when market direction matters most.

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