Daily market report
Tuesday, 22 September 2026
Downtrend (day 1) · breadth steady · Internet & E-commerce leading · 1 industry turned Strong
Market direction
Nifty MidSmall 400 vs its 10 & 20 EMA
🔴 Confirmed Downtrend
Market under pressure — protect capital; few or no new positions.
Index
21,158
10 EMA
21,160
20 EMA
21,247
Last 30 sessions
Market mood
Bearish24/100
Nifty 50
-0.36%
Nifty 500 (Broad)
-0.12%
Market breadth
Advancers vs decliners
Advancing
958
Declining
1144
A/D Ratio
0.84
Unchanged
62
New 52W highs
60
vs
New 52W lows
32
New highs clearly outnumber new lows — leadership is broadening.
▲ 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
41%
▲ 0.3 pts
EMA 50
42%
▼ 1.9 pts
EMA 200
49%
▼ 2.5 pts
% above the 50 EMA, last 20 sessions — breadth steady
Industries
Weak Industries
37
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.
📖 Learn for today’s market
Swing trading basics — risk first →
In a downtrend, the best trade is often no trade.
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.
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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.