Today's +1.1% Nifty move is a bounce inside a range, not the start of a new leg. The fast breadth gauge has swung from 31 to 39 and back three times in a week — that is chop, not accumulation. With 53 stocks exiting Stage 2 for every 35 entering it over the last five days, the advancing cohort is quietly shrinking, and the index itself remains below its 200-day average.
Trajectory: range-bound, internals still mixed
The slow structural gauge — the share of stocks above their 200-day average — has barely moved, sitting at 43.6% today versus 41.3% at the low of the week: no structural repair. The fast short-term gauge (stocks above their 20-day average) bounced from 31 to 39 today, but it did exactly the same thing on 27 July before collapsing back to 34 the very next session. Net new highs recovered to +53, which looks better until you note they were +68 two days ago and then fell to +25 — no sustained expansion. The trajectory classification is range-bound and mixed, and nothing in today's session changes that verdict.
Leadership: IT and Comms lead the day, but the cohort is thinning
Communication Services and Information Technology led on the day at +2% each, with Consumer Staples close behind at +1.7%. IT is also the one-month leader at +13.8% and is where the Stage-2 cohort is expanding fastest over the last 20 days, followed by Real Estate and Health Care — the only three sectors showing meaningful advancing-cohort growth. RPG Life Sciences, which clears both the leading and pullback screens out of Health Care, is the kind of name the screen surfaces in a sector with genuine structural momentum; but with the net Stage-2 flow running negative at minus 18 over five days, the backdrop for new setups following through is thinner than the setup count suggests.
| Stock | Sector | Setup | % 1D |
|---|---|---|---|
| Kapston Services Ltd | Industrials | 9.4 | +2.5% |
| Cyient DLM Ltd | Industrials | 9.2 | -0.0% |
| Steel Strips Wheels Ltd | Consumer Discretionary | 9.0 | +1.0% |
| Huhtamaki India Ltd | Materials | 9.0 | -0.5% |
| Kabra Extrusion Technik Ltd | Industrials | 9.0 | -2.3% |
| RPG Life Sciences Ltd | Health Care | 9.0 | -1.3% |
| India Tourism Development Corp Ltd | Consumer Discretionary | 9.0 | +0.3% |
| Consolidated Finvest & Holdings Ltd | Financials | 8.9 | +0.5% |
| Sector | 1D | 1M | 3M | RS | Stage 2 |
|---|---|---|---|---|---|
| Communication Services | +2.0% | +5.6% | +10.3% | 67 | 20% |
| Information Technology | +2.0% | +13.8% | +6.0% | 49 | 32% |
| Consumer Staples | +1.7% | +1.8% | -0.9% | 55 | 24% |
| Materials | +1.3% | +2.2% | +1.2% | 69 | 32% |
| Health Care | +1.2% | +3.7% | +16.1% | 75 | 52% |
| Financials | +0.7% | -0.0% | -0.0% | 61 | 35% |
| Consumer Discretionary | +0.5% | +3.9% | +7.0% | 69 | 36% |
| Utilities | +0.3% | -3.4% | -4.8% | 62 | 21% |
| Energy | +0.3% | +0.3% | -5.7% | 59 | 29% |
| Industrials | +0.3% | -2.3% | +5.5% | 69 | 37% |
| Real Estate | +0.2% | +11.3% | +16.8% | 52 | 23% |
Work the same data live: open the full stock screener, watch the live market dashboard, or check the market-timing read. New to the method? Start with the four stages.
Stage2Stocks is an educational stage-analysis screener. These wraps describe what the screen shows across NSE cash equities — they are not investment advice, recommendations, or buy/sell calls. Always do your own research.