I was not looking at market so closely during last few days due to other work. Here is an analysis of broad market and Nifty compared to 5 and 20 trading days before. The rows in bold give sense of market strengthening in short term. The average stock is outperforming the Nifty in last few days. The advance decline is very strong too. Volumes in cash market have surged
This probably means any correction if at all may be sideways, to 3250 maybe. During that time, individual stocks may continue to sparkle and give more opportunities.
|
|
D-4
|
D-3
|
D-2
|
D-1
|
Today
|
|
Nifty
|
3060.35
|
3211.05
|
3256.6
|
3342.95
|
3342.05
|
|
Nifty 1D %Chg
|
1.3
|
4.92
|
1.42
|
2.65
|
-0.03
|
|
Stocks 1D Avg %Chg
|
2.8
|
3.5
|
3
|
4.5
|
2.1
|
|
Market Breadth
|
——
|
——
|
——
|
——
|
——
|
|
AD Ratio
|
3.24
|
5.23
|
3.35
|
5.26
|
1.82
|
|
NH-NL
|
-2
|
-4
|
3
|
0
|
4
|
|
C > 20 SMA
|
89.3
|
93.3
|
94.9
|
95.9
|
95.6
|
|
C > 50 SMA
|
64
|
76.7
|
82.3
|
89.9
|
91.7
|
|
C > 200 SMA
|
7.8
|
8.8
|
9.8
|
11.5
|
12.8
|
|
Adv/Dec 5 Days
|
——
|
——
|
——
|
——
|
——
|
|
Adv
|
80.6
|
88.3
|
90.7
|
94.9
|
93
|
|
Dec
|
17.4
|
10.3
|
8.8
|
4.7
|
6.6
|
|
Unc
|
2
|
1.4
|
0.5
|
0.4
|
0.4
|
|
Up % 5 days
|
——
|
——
|
——
|
——
|
——
|
|
Nifty 5D ago
|
2984.35
|
3082.25
|
3108.65
|
2978.15
|
3020.95
|
|
Nifty 5D %Chg
|
2.55
|
4.18
|
4.76
|
12.25
|
10.63
|
|
Stocks 5D Avg %Chg
|
5.8
|
8.3
|
9.8
|
16.4
|
17.1
|
|
Up 0-4
|
25
|
18
|
15
|
7
|
7
|
|
Up 4-8
|
25
|
25
|
22
|
12
|
10
|
|
Up 8-12
|
15
|
19
|
21
|
13
|
12
|
|
Up 12-16
|
8
|
12
|
13
|
16
|
14
|
|
Up >16
|
8
|
13
|
20
|
48
|
50
|
|
Dn % 5 days
|
——
|
——
|
——
|
——
|
——
|
|
Dn 0-4
|
12
|
7
|
6
|
3
|
4
|
|
Dn 4-8
|
4
|
2
|
2
|
1
|
2
|
|
Dn 8-12
|
1
|
1
|
0
|
0
|
0
|
|
Dn 12-16
|
0
|
0
|
0
|
0
|
0
|
|
Dn >16
|
0
|
0
|
0
|
0
|
0
|
|
Adv/Dec 20 Days
|
——
|
——
|
——
|
——
|
——
|
|
Adv
|
77.4
|
85.8
|
90
|
93.2
|
94.7
|
|
Dec
|
21.5
|
13.4
|
9.5
|
6.4
|
5.1
|
|
Unc
|
1.2
|
0.8
|
0.5
|
0.4
|
0.2
|
|
Up % 20 days
|
——
|
——
|
——
|
——
|
——
|
|
Nifty 20D ago
|
2674.6
|
2622.4
|
2645.2
|
2576.7
|
2620.15
|
|
Nifty 20D %Chg
|
14.42
|
22.45
|
23.11
|
29.74
|
27.55
|
|
Stocks 20D Avg %Chg
|
9.5
|
14.6
|
18.9
|
26.6
|
30.2
|
|
Up 0-4
|
13
|
8
|
6
|
3
|
3
|
|
Up 4-8
|
14
|
11
|
10
|
4
|
4
|
|
Up 8-12
|
13
|
13
|
10
|
6
|
6
|
|
Up 12-16
|
11
|
13
|
11
|
10
|
7
|
|
Up 16-20
|
7
|
10
|
11
|
9
|
7
|
|
Up 20-24
|
6
|
8
|
10
|
10
|
8
|
|
Up 24-28
|
4
|
5
|
8
|
8
|
9
|
|
Up 28-32
|
3
|
6
|
7
|
10
|
9
|
|
Up >32
|
6
|
12
|
18
|
33
|
41
|
|
Dn % 20 days
|
——
|
——
|
——
|
——
|
——
|
|
Dn 0-4
|
8
|
5
|
3
|
2
|
2
|
|
Dn 4-8
|
5
|
4
|
2
|
2
|
1
|
|
Dn 8-12
|
3
|
2
|
1
|
1
|
1
|
|
Dn 12-16
|
2
|
1
|
1
|
0
|
1
|
|
Dn 16-20
|
1
|
1
|
0
|
0
|
0
|
|
Dn 20-24
|
0
|
0
|
0
|
0
|
0
|
|
Dn 24-28
|
1
|
0
|
0
|
0
|
0
|
|
Dn 28-32
|
0
|
0
|
0
|
0
|
0
|
|
Dn >32
|
1
|
0
|
1
|
0
|
0
|
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