DhanVeda Research
NSE EOD Research Context/

Market X-Ray — 5 October 2026

Base 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

The market may be trying to stabilize after weakness; wait for breadth and sector confirmation before acting.

Market Breadth

Advances

1265

stocks closed higher

Declines

1385

stocks closed lower

Advance %

47.2%

of 2678 NSE EQ

NIFTY

+0.60%

index day return

Index-internal classification: INDEX MASKING WEAKNESS

Sector Rotation (Aggregate)

5

Lagging

5

Improving

8

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 weak with a DhanVeda Participation Score of 41.4.
  • ●Advances were 1265 versus 1385 declines across 2678 EQ symbols.
  • ●Index-internal classification is index masking weakness.
  • ●The most common cash-futures state is weak unconfirmed move across 126 F&O underlyings.
  • ●3 market-context warning(s) are active; treat them as research context, not trade instructions.

Active Risk Context

  • !Index move is not broadly confirmed
  • !Market participation score is weak
  • !19 F&O underlyings show distribution-style confirmation

Risk context is for research awareness only — not a trading instruction.

Data scope this session:213F&O underlyings· 324 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.

→SMA & Trend Context→Multi-Timeframe Approach→Top-Down Approach→Sector Analysis→Market Traps→Trade Score
← Back to ArchiveHow the engine works →Academy →