Market X-Ray — 20 August 2026
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.