Sellers were in control: 597 of 1,700 closed higher.
597 of 1,700 liquid NSE stocks closed higher. The market regime reads rangebound. Below, in order: the note, what the market is paying, where the rules agree, the 15% line, where the money moved, and the lists built for how you trade. How to read the desk →
597
closed higher
1,094 lower, 9 unchanged
60%
above the 200-day
the bull-or-bear line
9,788
findings tonight
across 57 rules
876
names with 3+ kinds of evidence
trend, momentum, fundamentals agreeing
5
flags closed at the 15% line
1,106 open
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The note · 11 September 2026
Metals & Mining — 2.2 standard deviations from normal
597 of 1,700 stocks closed higher and 1,016 (60%) sit above their 200-day average. The regime read is rangebound.
Measured against each thing’s own recent range, not against zero. Anything ordinary is left out.
Kinds of evidence are counted by family and exclude scans that match most of the market. A crossing is one close on the other side of the 200-day average; it can cross back tomorrow. Saved stocks get the same diff on What I already hold.
the exchange’s own P/E for each segment, against its own history
low for it → high for itpctlmedian
Smallcap 250
33.8×
82nd
31.5×
Next 50
19.1×
12th
21.1×
Midcap 150
28.6×
2nd
33.9×
Nifty 50
19.8×
1st
22.0×
Each band runs from the 5th to the 95th percentile of that index’s own published P/E over the stored window, 527 sessions back to 29 July 2024. The tick is its median, the dot is today.
A multiple is not a verdict. An index near the low end of its own range is not therefore cheap, and one near the top is not therefore expensive: earnings move too. This is a description of where a published number sits against its own past, and nothing on this site recommends buying or selling anything.
Ranked by distinct kinds of evidence, not by count — five trend scans agreeing is one signal wearing five hats. STLTECH leads with 5 kinds across 16 scans. How rare the top rows are: 5 kinds: 26 · 4 kinds: 89 · 3 kinds: 264. 3 scans matching most of the market tonight are shown as chips but not counted. Green tags are scans whose past matches finished ahead of the market.
5 flags reached the 15% line tonight4 in 10 flags higher
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.
Today the median Utilities stock moved +2.35% and the median Construction Materials stock -0.38%. Every cell is the median member, not the average — a sector carried by one big winner should not look like a sector that is working.
The scans with the most matches right now. A very high count usually means the whole market is doing that thing, which makes it less informative, not more.
Axe Cap runs 57 named scans across 1700 NSE stocks after every close, then shows you what came out. No formulas to write, no query language to learn. Every scan is measured against what it actually returned in the past — including the ones that did not work. How to read the desk →