Market X-Ray — 29 July 2026
Session Context
Participation is constructive but not clean enough for broad risk-on; focus only on validated, high-quality long setups. Secondary context: BASE_FORMING_WATCH.
Market Breadth
Advances
1571
stocks closed higher
Declines
801
stocks closed lower
Advance %
65.3%
of 2407 NSE EQ
NIFTY
+1.10%
index day return
Index-internal classification: BROAD BULLISH
Sector Rotation (Aggregate)
1
Leading
5
Improving
12
Weakening
18
Total sectors
Aggregate sector breadth. Individual sector detail is available inside the research dashboard for subscribers. Count-only view here to protect proprietary sector scores.
Research Narrative
- ●Market participation is constructive with a DhanVeda Participation Score of 61.6.
- ●Advances were 1571 versus 801 declines across 2407 EQ symbols.
- ●Index-internal classification is broad bullish.
- ●Oil Gas & Consumable Fuels is the strongest leading sector in this snapshot with 100.0% breadth.
- ●The most common cash-futures state is weak unconfirmed move across 122 F&O underlyings.
- ●1 market-context warning(s) are active; treat them as research context, not trade instructions.
Active Risk Context
- !15 F&O underlyings show distribution-style confirmation
Risk context is for research awareness only — not a trading instruction.
Data scope this session:208F&O underlyings· 280 sessions of history· 18 sectors
Source: NSE Bhavcopy (public EOD file). Processed by DhanVeda Research after market close. Not real-time.
Learn the Framework
Understanding the concepts behind Market X-Ray helps you use it as an informed research context — not as a mechanical trigger.