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Caelion

Log · week of 24–28 Aug 2026

Conditions turn Mixed.

Nifty 500 breadth 62%, up 1 point. Nifty 50 −0.3% on the week.

The five conditions

  • TrendNifty 50 above its 200-day average−2.0%Not met
  • BreadthAt least half the Nifty 500 above their 200-day average62%Met
  • FearIndia VIX below its 70th percentile5th percentileMet
  • DepthNifty 50 within 10% of its record close−8.2%Met
  • MomentumNifty 50 up over one month−0.3%▽ newNot met

Changed since last week: momentum no longer met.

The index

Nifty 50 close
24,176
−0.3% on the week
From its record
−8.2%
India VIX
10.68
5th percentile so far

Breadth

Nifty 500 above 200-day
62%
up 1 pts on the week
All 2,161 stocks
54%
Large caps
58%
Small caps
64%

Crossings

Against the 50-day average: 144 crossed above, 151 below.

Rotation

Breadth rose most
  • Utilities80% above▲ +20 pts
  • Cement27% above▲ +12 pts
  • Forest Materials32% above▲ +5 pts
Breadth fell most
  • Telecom47% above▽ −6 pts
  • Media38% above▽ −4 pts
  • Energy71% above▽ −3 pts
Changed quadrant on the orbit map
  • AutoLeading → Weakening
  • Capital goodsWeakening → Leading
  • Consumer svcsLeading → Weakening

Leaders

60 leaders · +50 joined · −50 left

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