Daily market report
Thursday, 29 October 2026
Uptrend try (day 1) · breadth improving · Shipping leading · 2 industries turned Strong
Market direction
Nifty MidSmall 400 vs its 10 & 20 EMA
🟡 Uptrend Try
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
19,756
10 EMA
19,722
20 EMA
19,905
Last 30 sessions
Market mood
Caution31/100
Nifty 50
+1.05%
Nifty 500 (Broad)
+0.79%
Market breadth
Advancers vs decliners
Advancing
1297
Declining
850
A/D Ratio
1.53
Unchanged
52
New 52W highs
37
vs
New 52W lows
72
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
27%
▲ 3.2 pts
EMA 50
22%
▲ 3.3 pts
EMA 200
34%
▲ 1.2 pts
% above the 50 EMA, last 20 sessions — breadth improving
Industries
Weak Industries
49
of 66
🔄 Changes since the last session
▲ Turned Strong (2)
▼ 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
The top-down approach — read the market first →
An attempted turn is when market direction matters most.
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