IP
IndiaPulse
Morning edition24 Sept 2026Published 8:45 am

Morning Brief: 8 technical setups and 6 long-term candidates

The latest Nifty 50 move is +0.50%. Sector leadership is concentrated in Nifty Metal and Nifty FMCG. The immutable ledger published 8 technical setups and 6 long-term research candidates. 5 recent result events remain on the radar.

Market data 23 Sept, 3:30 pm · Model daily-brief-v2

Market pulse

Latest stored index context
Nifty 50
23,446.8
+0.50%
Nifty Bank
56,548.9
+0.59%
GIFT Nifty
23,450.5
+0.53%
Dow Futures
51,877.4
+0.03%
Nifty Next 50
72,462.4
+0.92%
Nifty 100
24,612.25
+0.58%

Nifty 500 breadth

100.0% universe coverage · 23 Sept, 5:50 pm
Advances
343
Declines
155
Unchanged
1
Advance / decline
2.21

Sector leadership

Relative movement, not a recommendation

Published research

14 immutable ledger entries

Technical setups

TATACAPMorning Star · score 100
Reference ₹350.05 · Target ₹380.13 · Invalidation ₹337.28

Three-candle reversal: bearish candle, small indecision candle, bullish close above first midpoint · volume 3.2x 20D avg · traded value Rs 117 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 23 Sept, 5:30 am
JBMAMorning Star · score 100
Reference ₹601.8 · Target ₹665.3 · Invalidation ₹576.6

Three-candle reversal: bearish candle, small indecision candle, bullish close above first midpoint · volume 2.1x 20D avg · traded value Rs 34 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 23 Sept, 5:30 am
LGEINDIAMorning Star · score 100
Reference ₹1,694.2 · Target ₹1,905.54 · Invalidation ₹1,588.53

Three-candle reversal: bearish candle, small indecision candle, bullish close above first midpoint · volume 1.5x 20D avg · traded value Rs 133 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 23 Sept, 5:30 am
BIKAJIBullish Engulfing · score 100
Reference ₹591.1 · Target ₹707.86 · Invalidation ₹532.72

Current bullish body overwhelms prior bearish candle after a short decline · volume 21.4x 20D avg · traded value Rs 259 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 23 Sept, 5:30 am
WHIRLPOOLBullish Engulfing · score 100
Reference ₹865.25 · Target ₹1,050.1 · Invalidation ₹772.83

Current bullish body overwhelms prior bearish candle after a short decline · volume 18.5x 20D avg · traded value Rs 930 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 23 Sept, 5:30 am
JSWDULUXDouble Bottom Base · score 100
Reference ₹3,160.9 · Target ₹3,441.86 · Invalidation ₹3,020.42

Two comparable lows with price pressing back toward neckline resistance · volume 4.0x 20D avg · traded value Rs 27 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 23 Sept, 5:30 am
IDFCFIRSTBAscending Triangle · score 100
Reference ₹87.9 · Target ₹95.49 · Invalidation ₹84.1

Flat resistance with rising lows; watch for volume-backed breakout · volume 3.8x 20D avg · traded value Rs 567 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 23 Sept, 5:30 am
WELSPUNLIVAscending Triangle · score 100
Reference ₹223.77 · Target ₹270.15 · Invalidation ₹200.58

Flat resistance with rising lows; watch for volume-backed breakout · volume 3.0x 20D avg · traded value Rs 270 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 23 Sept, 5:30 am

Long-term candidates

BPCLCompounder · score 87
Reference ₹315.75 · Primary measurement 252 sessions

The stock qualifies in the compounder Playbook filter. Snapshot evidence: U-Score 87/100, Piotroski 7/9, model margin of safety 55.2%, FCF yield 18.1%, Trust Score 81/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 23 Sept, 3:31 pm
LUPINCompounder · score 82
Reference ₹2,102.8 · Primary measurement 252 sessions

The stock qualifies in the compounder Playbook filter. Snapshot evidence: U-Score 82/100, Piotroski 8/9, FCF yield 3.6%, Trust Score 85/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 23 Sept, 3:31 pm
BLSQuality Value · score 81
Reference ₹230.07 · Primary measurement 252 sessions

The stock qualifies in the quality-value Playbook filter. Snapshot evidence: U-Score 81/100, Piotroski 8/9, model margin of safety 49.9%, FCF yield 4.8%, Trust Score 85/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 23 Sept, 3:31 pm
FORCEMOTCompounder · score 80
Reference ₹17,352 · Primary measurement 252 sessions

The stock qualifies in the compounder Playbook filter. Snapshot evidence: U-Score 80/100, Piotroski 8/9, model margin of safety 54.1%, FCF yield 1.7%, Trust Score 86/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 23 Sept, 3:31 pm
INFYQuality Value · score 72
Reference ₹1,020.5 · Primary measurement 252 sessions

The stock qualifies in the quality-value Playbook filter. Snapshot evidence: U-Score 72/100, Piotroski 8/9, model margin of safety 43.0%, FCF yield 9.1%, Trust Score 75/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 23 Sept, 3:31 pm
NTPCQuality Value · score 70
Reference ₹326 · Primary measurement 252 sessions

The stock qualifies in the quality-value Playbook filter. Snapshot evidence: U-Score 70/100, Piotroski 7/9, model margin of safety 56.4%, FCF yield 4.2%, Trust Score 69/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 23 Sept, 3:31 pm
Review entries and fixed-horizon outcomes

Results radar

Reported and upcoming company events

Order wins

Recent exchange-sourced disclosures
BDL
BSE · 23 Sept, 6:14 pm

Receipt of order for SAT- SAAW by IAF

Source disclosure
INVPRECQ
BSE · 23 Sept, 5:52 pm

Intimation of receipt of order in continuation of earlier order from PLR

Source disclosure
AVANTEL
BSE · 23 Sept, 3:45 pm

Receipt of Purchase Order

Source disclosure
SUBEXLTD
BSE · 23 Sept, 12:36 pm

Subex secured a contract with a major mobile network operator in the Asia Pacific region

Source disclosure
SKIPPER
BSE · 23 Sept, 10:42 am

Receipt of order

Source disclosure
OMINFRAL
BSE · 22 Sept, 11:18 pm

Om Infra hereby submit that MCC-Om (JV) secures Rs. 32.18 cr. work order for key Irrigation Infrastructure Project under Gosikhurd Project

Source disclosure
Risk note: These are pre-defined research setups from the latest completed data. Check opening gaps, liquidity, and invalidation levels before acting. IndiaPulse does not execute trades, manage portfolios, or provide personalized investment advice.