Daily market report
Monday, 26 October 2026
Downtrend (day 7) · breadth improving · Basic Chemicals leading
Market direction
Nifty MidSmall 400 vs its 10 & 20 EMA
🔴 Confirmed Downtrend
Market under pressure — protect capital; few or no new positions.
Index
19,279
10 EMA
19,682
20 EMA
19,969
Last 30 sessions
Market mood
Bearish11/100
Nifty 50
+0.68%
Nifty 500 (Broad)
+1.09%
Market breadth
Advancers vs decliners
Advancing
1222
Declining
921
A/D Ratio
1.33
Unchanged
51
New 52W highs
12
vs
New 52W lows
322
New lows clearly outnumber new highs — the market is under pressure.
▲ 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
11%
▲ 2.7 pts
EMA 50
12%
▲ 2.2 pts
EMA 200
29%
▲ 1.5 pts
% above the 50 EMA, last 20 sessions — breadth improving
Industries
Weak Industries
51
of 66
🔄 Changes since the last session
▲ Turned Strong (0)
No industry turned Strong today.
▼ 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; fewer 20 EMA Base candidates than usual; fewer IPO 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.

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.