The bull-rising regime label is intact, but the tape underneath it is deteriorating, not consolidating. Decliners beat advancers 1,436 to 780 today — the worst ratio in six sessions — and the fast short-term breadth gauge has dropped from 48.9 to 40.9 over the same stretch while the index has shed ground every single day. This is not a healthy dip inside strength; it is a slow bleed with narrowing participation, and fewer of the setups the screen is surfacing will follow through in this kind of backdrop.
Trajectory: the slow gauge is holding, the fast gauge is not
The structural 200-day breadth has been remarkably stable — sitting near 45–46% across all six sessions — which is why the regime has not flipped. But the swing-trader's signal, the 20-day breadth, has fallen from 48.9 on 13 August to 40.9 today, a six-point slide with no recovery day in between. Net new 52-week highs have also compressed, from 82 at the start of the run to a net 59 today. The Stage-2 cohort is still widening on the 20- and 60-day view, and the 5-day transition count shows 42 stocks moving Stage 1 to 2 against 26 going the other way — so the structural picture is not broken — but the near-term momentum is clearly fading, and the trajectory is range-bound and mixed with no decisive thrust in either direction.
Leadership: IT holds its head above water; Real Estate and Financials expanding quietly
Information Technology was the only sector to close in the green today, up 0.3%, and it leads the 1-month table at +4.1% alongside Consumer Discretionary at +5.6%. Real Estate is the 3-month leader at +15% and is also where the Stage-2 cohort is expanding fastest over the last 20 days, followed by Financials — where Tourism Finance Corporation of India Ltd holds the screen's top setup score and has been in Stage 2 for 25 weeks. Avadh Sugar and Energy Ltd is worth noting as a Consumer Staples name that cleared the screen with volume running five times its average, which stands out on an otherwise low-conviction day.
| Stock | Sector | Setup | % 1D |
|---|---|---|---|
| Tourism Finance Corporation of India Ltd | Financials | 10.0 | +6.2% |
| Marine Electricals (India) Ltd | Industrials | 9.8 | -1.4% |
| Shivalik Bimetal Controls Ltd | Materials | 9.4 | -0.1% |
| Electronics Mart India Ltd | Consumer Discretionary | 9.4 | -0.1% |
| Universal Cables Ltd | Industrials | 9.4 | -4.8% |
| Avadh Sugar & Energy Ltd | Consumer Staples | 9.4 | +4.6% |
| Ratnaveer Precision Engineering Ltd | Industrials | 9.3 | -0.7% |
| Commercial Syn Bags Ltd | Materials | 9.2 | +0.3% |
| Sector | 1D | 1M | 3M | RS | Stage 2 |
|---|---|---|---|---|---|
| Information Technology | +0.3% | +4.1% | +5.1% | 47 | 30% |
| Consumer Discretionary | -0.1% | +5.6% | +13.6% | 68 | 41% |
| Financials | -0.1% | -1.1% | +3.2% | 58 | 42% |
| Real Estate | -0.2% | -2.1% | +15.0% | 54 | 33% |
| Communication Services | -0.2% | +2.0% | +8.4% | 62 | 22% |
| Health Care | -0.3% | +1.0% | +9.0% | 71 | 56% |
| Consumer Staples | -0.4% | -1.4% | -1.1% | 48 | 32% |
| Materials | -0.5% | +0.2% | +1.5% | 65 | 39% |
| Energy | -0.8% | -0.5% | -1.9% | 57 | 32% |
| Industrials | -0.8% | +2.4% | +9.4% | 69 | 37% |
| Utilities | -1.0% | -5.9% | -3.9% | 57 | 28% |
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.