Daily market report
Wednesday, 4 November 2026
Uptrend try (day 3) · breadth improving · Cables & Wires leading · 4 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
20,252
10 EMA
19,900
20 EMA
19,925
Last 30 sessions
Market mood
Caution41/100
Nifty 50
+0.63%
Nifty 500 (Broad)
+1.73%
Market breadth
Advancers vs decliners
Advancing
1716
Declining
446
A/D Ratio
3.85
Unchanged
33
New 52W highs
42
vs
New 52W lows
31
New highs and lows are roughly balanced.
▲ 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
56%
▲ 15.4 pts
EMA 50
36%
▲ 7.7 pts
EMA 200
40%
▲ 4.5 pts
% above the 50 EMA, last 20 sessions — breadth improving
Industries
Weak Industries
43
of 66
🔄 Changes since the last session
▲ Turned Strong (4)
▼ 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. 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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📘 NEXT Swing Trading Playbook
Market → industries → 3 focused scans, explained with charts and printable checklists. Free, in one PDF.
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