Momentum, measured every evening

Find the trend the evening it turns.

After every close, 57 published rules read 1,683 NSE companies for what a momentum investor looks for: fresh highs, leadership against the market, volume behind a move, the sectors money is rotating into. Every flag is dated the evening it fires and followed in public until it is 15% down or still open — scored against the market, whether it worked or not.

No calls. No targets. A stock is on a list because a rule fired, never because someone likes it. No SEBI registration, by design — every number is a measurement, and the record is public.
1,756companies flaggedsince 18 Aug, each dated the evening it fired
2 in 10higher tonight than when flagged
40%did better than the marketover the same days
709closed at the 15% linecounted, not hidden
Every flag since 18 Aug, placed where its close is tonight
the 15% linemarket-100%-75%-50%-25%0%+25%+50%+75%+100%+125%
above the evening it was flaggedbelow× closed at the 15% line1,756 companies, no names here
Momentum, tonight

Where the trend is, at the close of 29 October 2026.

1,023 of 1,683 companies closed higher. Every number below is a count across the whole exchange; no company is named here. The names are on the desk, each with the rule that put it there.

34made a fresh 52-week high tonight73 more within 3% of one
28crossed above their 200-day line tonight44% of all companies sit above it
377beating the market for six monthsrelative strength: the stock, not the tide
230moved on far more volume than usual35 broke out of a tight range
240in a confirmed uptrendabove a rising 200-day line and near their highs
Media Entertainment & Publicationthe sector leading over a monthmedian stock +9.5% · Chemicals last at -8.8%
fallingthe market regime tonighteach rule's record for a falling market is the one that applies tonight
1022newly flagged by 3+ kinds of evidence tonighttrend, momentum and fundamentals arriving together
What arrives, and when

One evening, start to finish.

No alerts during market hours, nothing to watch, no terminal to leave open. The work happens after the close and it is finished before dinner.

  1. 3:30 pmThe market closesNothing here runs during the session. Every number on this site is a closing price, which is the only price everyone gets.
  2. By 6 pmThe exchange files landBhavcopy, bulk and block deals, corporate filings, shareholding patterns, index levels. The exchanges' own files, not a data vendor's summary.
  3. 6–7 pm57 rules read 1,683 companiesEvery rule is a plain test you can read on its own page. A company appears on a list because a rule matched it, and for no other reason.
  4. By 7:30 pmYour desk is readyWhat changed since last night, where several kinds of evidence agree, who bought size, which sectors the money moved into, and every name behind each.

Times are the target on an ordinary trading day. When a source is late the build says so on the page rather than quietly using yesterday’s file — the status page shows every feed and when it last arrived.

What a subscriber has actually seen

Every flag since 18 Aug, and where it stands tonight.

Of every 10 companies flagged, 2 are higher tonight than the evening they were flagged.

The typical flag has moved -9.7% in 35 sessions; the typical company on the exchange moved -7.2% over the same days.

709 flags reached the 15% line and were closed there. No flag on this record is ever carried further down than that.

The largest move up is +128.9%. The largest move down is -90.4%, on the evening it closed.

Counting only the rules that have beaten the market in the backtest: 1,598 companies, 24% higher tonight, typical move -9.7%.

The 15% line. A flag is followed from the evening it fires until its close is 15% below the flag close, or until tonight, whichever comes first. A flag that reaches the line is closed at that evening’s close and leaves the record there. This is how the record is kept, applied to every flag the same way. It is not an instruction to buy, hold or sell anything.

Past closes, shown after the fact, for companies the published rules flagged. A record of what happened, not a forecast of what will. Nothing here is a recommendation to buy, hold or sell anything.

How every scan is graded

No score is an opinion. Here is the arithmetic.

Trendwhere the price sits against its own averages
Momentumhow fast it is moving, and against whom
Fundamentalwhat the company filed: growth, margins, cash, owners
Patternthe shape of the last few sessions
Risksomething going wrong
  1. A rule firesOne of 57 published rules matches a company at the close. Each rule is a plain test anyone can read; the definition is on its page.
  2. It is counted by kindA company is judged by how many kinds of evidence point at it, not how many rules. Five trend rules agreeing is one signal wearing five hats. A rule that matches most of the market that night is shown but not counted.
  3. The flag is datedThe evening a company is first flagged goes into a public store before the next session opens. It cannot be edited afterwards.
  4. It is scored against the marketEvery flag is followed forward from its own evening and compared with the median stock over the same days. Beating zero is easy in a bull market; beating the market is the test.
  5. It stops at 15%A flag that closes 15% below the evening it fired is closed and stays in the record at that price. A bookkeeping rule, so losers cannot be carried until they recover; not an instruction.
  6. The rule keeps its own recordEvery rule’s past matches are measured the same way, and the losing rules are published beside the winning ones.

Rules, families, columns and the market regime are all explained in plain words on the method page, with tonight’s number beside each.

A real one, unfolding

One company. One rule fired. Watch what happened next.

A live flag from the last few weeks, drawn from the evening it fired to tonight. The company is not named here. It is on the desk.

thinly traded0.0%since the flag · 0 sessions
Flagged 21 August 2026, 47 sessions ago. Close since: +128.9%. The market over the same days: -7.5%.flagged+128.9%
  1. 21 August 2026 The close met 20 published rules: Above the 200-day EMA and 19 more. It went on the evening list.
  2. Since then 47 sessions. The close is +128.9% from the flag; the market moved -7.5% over the same days.
  3. The name is on the desk, with every other name the rules flag each evening.
Flagged. Then this.

Real companies the rules flagged, and what the price did after.

Every chart is one company from the live record: grey before the evening a rule fired, colour after. Names are withheld here and shown on the desk. The best 6 are picked by size of move, which is the flattering way to choose, so the most recent flags to close at the 15% line sit beside them. Only companies trading at least ₹2 crore a day are drawn here; the thinnest names, where a small order moves the price, are counted in the record below but not pictured.

Case 01
thinly traded
Flagged 21 August 2026, 47 sessions ago. Close since: +128.9%. The market over the same days: -7.5%.flagged+128.9%
Flagged 21 Aug · 47 sessions agomarket -7.5% over the same days
Above the 200-day EMA and 19 more rules
Case 02
thinly traded
Flagged 21 August 2026, 47 sessions ago. Close since: +98.4%. The market over the same days: -7.5%.flagged+98.4%
Flagged 21 Aug · 47 sessions agomarket -7.5% over the same days
Above the 200-day EMA and 16 more rules
Case 03
mid liquidity
Flagged 25 August 2026, 45 sessions ago. Close since: +70.3%. The market over the same days: -7.7%.flagged+70.3%
Flagged 25 Aug · 45 sessions agomarket -7.7% over the same days
Above the 200-day EMA and 13 more rules
Case 04
heavily traded
Flagged 21 August 2026, 47 sessions ago. Close since: +65.9%. The market over the same days: -7.5%.flagged+65.9%
Flagged 21 Aug · 47 sessions agomarket -7.5% over the same days
Closing in on a 52-week high and 9 more rules
Case 05
heavily traded
Flagged 2 September 2026, 39 sessions ago. Close since: +65.1%. The market over the same days: -7.2%.flagged+65.1%
Flagged 2 Sep · 39 sessions agomarket -7.2% over the same days
Above the 200-day EMA and 12 more rules
Case 06
Consumer Durables · heavily traded
Flagged 2 September 2026, 39 sessions ago. Close since: +56.9%. The market over the same days: -7.2%.flagged+56.9%
Flagged 2 Sep · 39 sessions agomarket -7.2% over the same days
Above the 200-day EMA and 10 more rules
Case 07closed at the 15% line
thinly traded
Flagged 21 August 2026. Closed at the 15% line on 29 October 2026, 47 sessions later, at -18.2%. The market over the same days: -7.5%.flagged-18.2%
Flagged 21 Aug · closed 29 Oct, 47 sessions latermarket -7.5% over the same days
Bearish engulfing and 1 more rule
Case 08closed at the 15% line
thinly traded
Flagged 21 August 2026. Closed at the 15% line on 29 October 2026, 47 sessions later, at -15.2%. The market over the same days: -7.5%.flagged-15.2%
Flagged 21 Aug · closed 29 Oct, 47 sessions latermarket -7.5% over the same days
Breaking out of a tight range and 5 more rules
It warns as well
Case 09warning that held
An NSE company
Flagged 3 September 2026, 37 sessions ago. Close since: -63.5%. The market over the same days: -7.6%.flagged-63.5%
Flagged 3 Sep · 37 sessions agomarket -7.6% over the same days
Stretched far above trend
Case 10warning that held
thinly traded
Flagged 20 August 2026, 48 sessions ago. Close since: -54.6%. The market over the same days: -7.3%.flagged-54.6%
Flagged 20 Aug · 48 sessions agomarket -7.3% over the same days
Falling on heavy volume and 1 more rule
Case 11warning that held
An NSE company
Flagged 17 September 2026, 28 sessions ago. Close since: -52.0%. The market over the same days: -5.9%.flagged-52.0%
Flagged 17 Sep · 28 sessions agomarket -5.9% over the same days
Stretched far above trend
How momentum is measured here

Three questions, asked of every stock, every evening.

A momentum investor wants to know whether a move is real before the crowd has decided it is. These are the rules that ask, written so anyone can read them, each with its own record beside it once one exists. A stock gets on a list because a rule fired — never because someone likes it.

Leadership
Is it moving because the market is, or on its own?
  • Beating the market for 6 months6-month relative strength leaders48% higher after 20 sessions, 86,781 past flags, +0.7 pt vs the market377 tonight
  • Leading its sectorAt least 8 points ahead of its sector's median stock over a month, and above its 50-day average97 tonight
  • The market's strongest stocksStage 2 uptrend — trend template49% higher after 20 sessions, 65,440 past flags, +0.9 pt vs the market240 tonight
  • Rising on most days latelyHigher close on 4 of the last 5 sessions46% higher after 20 sessions, 52,857 past flags, +0.3 pt vs the market285 tonight
Fresh ground
Is it making new highs, or just bouncing?
  • Made a new 52-week high todayNew 52-week high52% higher after 20 sessions, 12,192 past flags, +1.8 pt vs the market34 tonight
  • Closing in on a 52-week highNear the 52-week high51% higher after 20 sessions, 34,738 past flags, +1.0 pt vs the market73 tonight
  • Breaking out of a tight range60-day consolidation breakout46% higher after 20 sessions, 15,979 past flags, -0.7 pt vs the market35 tonight
  • Back above the 200-day lineReclaimed the 200 DMA42% higher after 20 sessions, 38,155 past flags, -0.9 pt vs the market128 tonight
  • Golden cross — 50 crossed above 20050 DMA closed above the 200 DMA today, below it yesterday50% higher after 20 sessions, 1,466 past flags, +1.1 pt vs the market0 tonight
Participation
Is there volume behind it, and did buyers keep the shares?
  • Trading far more than usualVolume surge vs the 20-day average47% higher after 20 sessions, 68,261 past flags, +0.7 pt vs the market230 tonight
  • Bought to keepHigh-delivery up day6 tonight
  • Quiet delivery build-upFive-day delivery share well above its own norm while the price went nowhere7 tonight
  • Unusually large tradesAverage trade size at least twice its 20-day median, on above-normal volume34 tonight
  • Gapped up and held itGap up, closed in top third54% higher after 20 sessions, 16,652 past flags, +3.1 pt vs the market89 tonight

The fourth question is the market itself. Momentum is the most regime-dependent kind of evidence there is, so the record for each rule is kept separately for a trending, a rangebound and a falling market, and every list on the desk carries the regime read for that evening beside it.

Rotation

Which sectors the money moved into.

The median stock in each sector, week by week, ranked on the last four. A sector climbing this table on several small positive weeks is being accumulated; one that led three months ago and now sits low has been sold down. Sectors are named; the stocks inside them are on the desk.

SectorRankMoved4 wk12 wkLast 8 weeks
Information Technology38 cos1↑18+6.3%-6.1%
Media Entertainment & Publication8 cos2↓1+3.1%+0.6%
Telecommunication13 cos3↑9-2.2%-7.9%
Oil Gas & Consumable Fuels17 cos4·-3.4%-8.5%
Realty17 cos5↑4-3.6%-9.9%
Financial Services122 cos6↑9-3.6%-11.4%
Construction Materials16 cos7↑11-4.2%-16.8%
Services28 cos8↓5-4.5%-8.1%

Top eight of 19 sectors with at least five scanned members, as of 29 October 2026. The full table, every week for twelve weeks, is on the desk.

Behind the desk

Three views you will not find anywhere else.

Every measurement is free — every scan, every record, every failure. These three are not measurements. They are the sorts a subscriber opens first, they are published nowhere, and no amount of clicking will reach them. Sector, move and reading are shown in full. Only the name is held back.

Two of three

436 names

The public list starts at three. This is the layer underneath it — where a name sits the night before it appears.

CompanyTodayKindsRules
Capital Goods-1.09%210
Metals & Mining+7.67%210
+5.36%210
+4.40%29
+0.13%29
+0.41%29
-2.00%29
Names open with Desk

Closing in

86 names

Nearest to a 52-week high without having made one. The site shows the ones that got there. This is the queue.

CompanyTodayFrom high1 month
+2.79%−0.50%+31.38%
+0.22%−0.57%+20.49%
Services+6.29%−0.59%+7.36%
+0.54%−0.63%+7.91%
Automobile and Auto Components-0.67%−0.67%+8.13%
+1.73%−0.71%+14.30%
+4.40%−0.71%+4.76%
Names open with Desk

Quiet size

7 names

One side had to report the trade and the other did not. Ranked by how one-sided, not by the net — on a crossed trade the net is zero by construction.

CompanyNetReadOne-sided
Financial Services−108.7crDistributed100%
Information Technology+56.3crAccumulated100%
Financial Services+36.0crAccumulated100%
+11.9crAccumulated100%
−1.8crDistributed100%
−1.8crDistributed100%
+1.1crAccumulated100%
Names open with Desk

Computed after the close on 29 October 2026 from the exchanges’ own files, like everything else. Nothing in these three is a recommendation — they are the same descriptive measurements, sorted differently.

Open them→
The desk

Every number a retail investor is usually not shown.

Not a mockup. Drawn by tonight’s build, from tonight’s files. Four of its screens, names held back.

axecap.in/index.html
Axe CapAgentsWho bought sizeThe arenaNews & impactEvidence stacksHome
ClosedNSE close 29 OctFALLING1023/654
Where the rules agree1022 companies with three or more kinds of evidence
CompanyTodayWhat firedKinds
Healthcare+7.19%Made a new 52-week high todayStretched far above trend+145
NSE+4.71%Closed at the day's highGapped up and held it+135
Capital Goods+1.63%Stretched far above trendThe market's strongest stocks+135
Media Entertainment & Publication+3.11%Made a new 52-week high todayStretched far above trend+115
NSE+1.25%Profit that turns into cashGrowing fast, sold off anyway+115
Information Technology+1.78%Growing fast, sold off anywayTrading far more than usual+105
See what moved, and what came nextEvery filing a company makes, joined to what the stock did over the next five sessions. So a headline arrives with its track record.
Read the business, not the storyRevenue, margins, debt and cash conversion, read from the filings and graded against every other company on the exchange.
Know which rules actually work57 rules, each with its measured record — the losers published beside the winners, so you know what a signal is worth.
Open the real one→
Try it

57 rules run every close. 17 of them lose to simply owning the market.

Pick any one and read its record. The filter for the ones that do not work is not an oversight — it is the point. A track record with the losers taken out is not a track record.

Closed at the day's high

Beat the market
Pattern family · 1st of 47 by measured edge

Finished the session at its strongest point. Buyers were still bidding at the bell.

72matched tonight
+3.65average excess return
49%of signals finished ahead
6,665past signals measured
-1.11every rule, by measured edge+3.65

Edge is the average excess return against the equal-weighted universe over the same window, across every past signal in the store. It is a description of what happened, not a forecast, and no row here names a security.

Before you decide

The questions worth asking first.

Is this advice? Are these tips?

No. Axe Cap runs published rules and reports what came out of them, with the measured record of each rule beside it. There are no entries, no targets, no stops, no buy or sell ratings, and no page is personalised — every subscriber sees the same output. What to do with it is your decision.

Why are you not a SEBI-registered research analyst?

Because a research analyst makes recommendations and this does not, by design. It is an information and analytics service: measurements computed from the exchanges’ own files. That is a deliberate choice about what this product is, not a gap we intend to close.

What happens when a rule stops working?

It stays published, with its record, alongside the ones that are working. The record page carries every rule — including the ones that have never fired and the ones whose measured return is negative. A site that only shows its winners is not showing you a record.

Do I need to watch the market?

No. Everything is computed after the close and ready the same evening. There is nothing to monitor intraday, and nothing on this site updates while the market is open.

What if I change my mind?

Cancel any time; the refund terms are one page, in plain words. You can read yesterday’s desk in full before paying anything.

How far back does the record go?

Only as far as the engine has actually been running. Every flag is dated the evening it fired and stored before the next session opens, so it cannot be edited afterwards. Where a rule has too few resolved signals to say anything, the page says that instead of showing a number.

What it costs

₹5,999a year

About ₹500 a month, billed once a year, tax included. One plan, every page.

This page is the public part. The desk — every list, every name, every evening — is for members. It is ready by 7:30 pm on every trading day; nothing on it needs you at a screen during market hours.

  • ✓Every evening's lists, with every name in them
  • ✓A page for every company read: filings, business mix, who dealt in size, the rules it meets
  • ✓Who bought and sold size, named, every evening
  • ✓The 15% line, with names, on the evening it happens

Prices in rupees, tax included, billed once a year, and only once a seat has been granted. Cancel any time; the refund terms are one page. Nothing at any price is a recommendation: Axe Cap measures, it does not advise, and it is not applying to be a SEBI-registered analyst.

Axe Cap is an information service. It shows measurements computed from the exchanges’ own files. It is not advice, it is not a SEBI-registered research analyst, and it is never applying to be one.

Built 19:33 IST on 29 October 2026 · faaa30d20e25