Daily market report

Monday, 19 October 2026

Downtrend (day 3) · breadth weakening · IT Hardware leading

1

Market direction

Nifty MidSmall 400 vs its 10 & 20 EMA

🔴 Confirmed Downtrend

Day 3

Market under pressure — protect capital; few or no new positions.

Index

20,045

10 EMA

20,246

20 EMA

20,390

Last 30 sessions

🔴

Market mood

Bearish17/100

BearishCautionNeutralBullishEuphoria

Nifty 50

-1.11%

Nifty 500 (Broad)

-1.11%

2

Market breadth

Advancers vs decliners

Advancing

383

Declining

1758

A/D Ratio

0.22

Unchanged

46

New 52W highs

43

vs

New 52W lows

123

New lows clearly outnumber new highs — the market is under pressure.

▲ Top 5 gainers

LAGNAMTextile - Apparel & Brands+19.99%
DCMSRINDSugar & Ethanol+19.99%
SWARNSAR—+19.98%
AGOL—+19.96%
COMFINTE—+19.77%

▼ Top 5 losers

ONEGLOBAL—-18.31%
PAUSHAKLTDSpecialty Chemicals-17.78%
CYIENTDLMElectronics-16.73%
GENCONInfrastructure & Construction-13.14%
JSFBBanks - Private-12.76%

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

22%

▼ 11.8 pts

EMA 50

22%

▼ 7.2 pts

EMA 200

40%

▼ 3.9 pts

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

3

Industries

Weak Industries

46

of 66

🔄 Changes since the last session

▲ Turned Strong (0)

No industry turned Strong today.

▼ Dropped from Strong (1)

Gems & Jewellery

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

IT HardwareWeak+2.78%
Banks - PSUWeak+1.81%
Gems & JewelleryModerate+0.32%
Printing & Stationery+0.16%
Unknown-0.24%

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

Basic ChemicalsWeak-2.46%
Specialty ChemicalsModerate-2.28%
EngineeringMixed-2.17%
Telecom-2.13%
Aluminium-2.10%

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 20 EMA Base 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.

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