Tighten stops. No new aggressive buys.
Bonde indicator: >15% = momentum market, <8% = range/bear
Nifty 50: 23985 (-0.04%)
Distribution: 3 active in 25 sessions
Rally Attempt: Day 32 — eligible for FTD
Breadth: 643 adv / 1507 dec (0.43)
Day 32 of rally from 23070 low (2026-06-09). Nifty at 23985 (-0.04% today, +4.0% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.
Nifty 50: 23996 (+0.96%)
Distribution: 3 active in 25 sessions
Rally Attempt: Day 31 — eligible for FTD
Breadth: 1451 adv / 707 dec (2.05)
Day 31 of rally from 23070 low (2026-06-09). Nifty at 23996 (+0.96% today, +4.0% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.
Nifty 50: 23767 (-0.43%)
Distribution: 3 active in 25 sessions
Rally Attempt: Day 30 — eligible for FTD
Breadth: 1018 adv / 1128 dec (0.90)
Day 30 of rally from 23070 low (2026-06-09). Nifty at 23767 (-0.43% today, +3.0% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.
Nifty 50: 23870 (-0.53%)
Distribution: 3 active in 25 sessions
Rally Attempt: Day 29 — eligible for FTD
Breadth: 619 adv / 1536 dec (0.40)
Day 29 of rally from 23070 low (2026-06-09). Nifty at 23870 (-0.53% today, +3.5% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.
Nifty 50: 23996 (-0.79%)
Distribution: 3 active in 25 sessions
Rally Attempt: Day 28 — eligible for FTD
Breadth: 546 adv / 1605 dec (0.34)
Day 28 of rally from 23070 low (2026-06-09). Nifty at 23996 (-0.79% today, +4.0% from rally low). Eligible for FTD — watching for 1.25%+ gain on above-average volume to confirm new uptrend.