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Caelion

Log · week of 13–17 Apr 2026

Mixed holds.

Nifty 500 breadth 46%, up 7 points. Nifty 50 +1.3% on the week.

The five conditions

  • TrendNifty 50 above its 200-day average−3.2%Not met
  • BreadthAt least half the Nifty 500 above their 200-day average46%Not met
  • FearIndia VIX below its 70th percentile74th percentileNot met
  • DepthNifty 50 within 10% of its record close−7.5%Met
  • MomentumNifty 50 up over one month+2.4%Met

No condition changed since last week.

The index

Nifty 50 close
24,354
+1.3% on the week
From its record
−7.5%
India VIX
17.21
74th percentile so far

Breadth

Nifty 500 above 200-day
46%
up 7 pts on the week
All 2,086 stocks
32%
Large caps
51%
Small caps
45%

Crossings

Against the 50-day average: 494 crossed above, 40 below.

Rotation

Breadth rose most
  • Utilities20% above▲ +20 pts
  • Power49% above▲ +18 pts
  • Metals50% above▲ +13 pts
Changed quadrant on the orbit map
  • MetalsWeakening → Leading
  • HealthcareLeading → Weakening
  • TelecomWeakening → Leading

Leaders

60 leaders · +32 joined · −32 left

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