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Caelion

Log · week of 6–10 Apr 2026

Conditions turn Mixed.

Nifty 500 breadth 39%, up 14 points. Nifty 50 +5.9% on the week.

The five conditions

  • TrendNifty 50 above its 200-day average−4.5%Not met
  • BreadthAt least half the Nifty 500 above their 200-day average39%Not met
  • FearIndia VIX below its 70th percentile83rd percentileNot met
  • DepthNifty 50 within 10% of its record close−8.7%▲ newMet
  • MomentumNifty 50 up over one month+0.8%▲ newMet

Changed since last week: depth now met, momentum now met.

The index

Nifty 50 close
24,051
+5.9% on the week
From its record
−8.7%
India VIX
18.85
83rd percentile so far

Breadth

Nifty 500 above 200-day
39%
up 14 pts on the week
All 2,083 stocks
23%
Large caps
46%
Small caps
38%

Crossings

Against the 50-day average: 935 crossed above, 17 below.

Rotation

Breadth rose most
  • Realty19% above▲ +16 pts
  • Auto36% above▲ +16 pts
  • Forest Materials16% above▲ +16 pts
Changed quadrant on the orbit map
  • TelecomLeading → Weakening
  • EnergyLeading → Weakening
  • RealtyLagging → Improving
  • ChemicalsImproving → Leading
  • UtilitiesImproving → Leading
  • Forest MaterialsImproving → Leading

Leaders

60 leaders · +31 joined · −19 left

Above both averages and within 5% of the 52-week high. A description of where prices sat, not a selection.