Skip to content
Caelion

Log · week of 21–25 Sep 2026

Mixed holds.

Nifty 500 breadth 50%, down 3 points. Nifty 50 −0.9% on the week.

The five conditions

  • TrendNifty 50 above its 200-day average−5.3%Not met
  • BreadthAt least half the Nifty 500 above their 200-day average50%Met
  • FearIndia VIX below its 70th percentile25th percentileMet
  • DepthNifty 50 within 10% of its record close−12.1%Not met
  • MomentumNifty 50 up over one month−4.4%Not met

No condition changed since last week.

The index

Nifty 50 close
23,141
−0.9% on the week
From its record
−12.1%
India VIX
12.16
25th percentile so far

Breadth

Nifty 500 above 200-day
50%
down 3 pts on the week
All 2,172 stocks
49%
Large caps
47%
Small caps
55%

Crossings

Against the 50-day average: 194 crossed above, 159 below.

Rotation

Breadth rose most
  • Forest Materials58% above▲ +5 pts
  • IT40% above▲ +4 pts
  • Auto67% above▲ +4 pts
Breadth fell most
  • Financials43% above▽ −8 pts
  • Power15% above▽ −6 pts
  • Media34% above▽ −4 pts
Changed quadrant on the orbit map
  • RealtyLagging → Improving

Leaders

60 leaders · +44 joined · −44 left

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