Daily market report

Monday, 26 October 2026

Downtrend (day 7) · breadth improving · Basic Chemicals leading

1

Market direction

Nifty MidSmall 400 vs its 10 & 20 EMA

🔴 Confirmed Downtrend

Day 7

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

BearishCautionNeutralBullishEuphoria

Nifty 50

+0.68%

Nifty 500 (Broad)

+1.09%

2

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

KREBSBIOPharma+20.00%
VINYLINDIASpecialty Chemicals+20.00%
PERMAGN—+20.00%
OSWALAGROTrading & Distribution+19.99%
DOLLEX—+19.99%

▼ Top 5 losers

DHANBANKBanks - Private-13.56%
UTTAMSUGARSugar & Ethanol-12.26%
PNGSREVAGems & Jewellery-12.24%
RVTHEngineering-12.04%
SHANTIGOLDGems & Jewellery-11.10%

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

3

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

Basic ChemicalsWeak+2.89%
ShippingWeak+2.88%
Paper & PackagingWeak+2.36%
Cables & Wires+2.21%
EdTech+1.88%

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

Gems & JewelleryModerate-2.91%
Sugar & EthanolMixed-2.18%
Banks - PrivateModerate-1.33%
Agrochemicals-1.10%
Media & Entertainment-0.59%

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; 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.

NEXT Swing Trading Playbook cover

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.

Get the free Playbook →

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.

← Browse recent daily reports