DhanVeda Research
NSE EOD Research Context/

Market X-Ray — 20 August 2026

Caution — No ChasingBase Forming — Watch
Research context only — not investment advice. The Market X-Ray is an EOD research preparation tool derived from public NSE data. It does not constitute a buy/sell recommendation, a price forecast, or personalised investment advice. It never creates trade signals or executes orders. Trading involves risk of loss. Consult a SEBI-registered investment adviser for personalised guidance.

Session Context

Participation is mixed or narrow; avoid chasing and wait for better confirmation. Secondary context: BASE_FORMING_WATCH.

Market Breadth

Advances

1566

stocks closed higher

Declines

1022

stocks closed lower

Advance %

59.5%

of 2630 NSE EQ

NIFTY

+0.64%

index day return

Index-internal classification: BROAD BULLISH

Sector Rotation (Aggregate)

3

Lagging

5

Improving

10

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 mixed_selective with a DhanVeda Participation Score of 57.9.
  • Advances were 1566 versus 1022 declines across 2630 EQ symbols.
  • Index-internal classification is broad bullish.
  • The most common cash-futures state is weak unconfirmed move across 107 F&O underlyings.

Data scope this session:208F&O underlyings· 294 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.