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Read Market Mood Indicators
Updated 22 August 2026 · 3 min read · 14 Contents
Plain-language meaning
Market Mood is a catalogue of separate persisted positioning, benchmark swing, derivatives-pressure, breadth and participation-diffusion series. The word mood is navigation language; the product does not combine them into one sentiment score, forecast or recommendation.
Why it is useful #
The workspace helps compare a market-wide indicator with the selected exchange benchmark while publishing the source, unit, dated points and unavailable reason. Keeping each series separate prevents contract positioning, breadth and price movement from being mistaken for one fact.
Where it appears and the workflow #
Open Market Mood, select the exchange and one available indicator, choose a supported window and inspect the chart against the benchmark. Read the indicator definition and unit, confirm the latest trade/session date, note gaps, and compare related indicators only after checking that their dates and coverage align.
Calculation or source #
Public routes read persisted data and never fetch on request. Participant positioning uses NSCCL participant-wise open-interest contract counts; derivatives pressure reads persisted option analytics; swing uses the configured exchange benchmark; breadth reuses the dashboard breadth definition; diffusion uses completed daily bars and shared technical indicators.
Prerequisites, inputs, period and unit #
Prerequisites depend on the group: a mapped benchmark for swing, NSE participant or option evidence for positioning and pressure, or enough active listings with valid completed history for breadth and diffusion. Units can be contract counts, percentages, ratios, index points or stock counts. Requested history is bounded, and some breadth windows are shorter than the page range.
Worked example #
Illustrative only: Foreign net index futures of -12,000 contracts means disclosed long contracts minus short contracts was negative for that session. It is not INR -12,000, not delta-weighted exposure and not a prediction. If the matching benchmark close is absent, a normalized per-index-point reading is skipped.
What high and low mean #
Higher depends on the series: a higher long share means a larger long fraction, a higher ADX participation share means more stocks in strong trends of either direction, and a higher total option OI means a larger book. None is universally bullish or bearish.
Positive, negative and zero #
Positive and negative net positioning describe the disclosed arithmetic. A genuine zero can mean balanced long and short counts. Ratios with a zero or missing denominator are unavailable, not infinity or zero. Missing dates are gaps and are never carried forward as flat observations.
Limitations and common mistakes #
Smoothing requires complete stated windows; filling a gap would change the method. Participant books are not individual trades, open interest is not volume, breadth is not capitalization-weighted performance and ADX measures strength rather than direction. Common mistakes include treating every high reading as bullish or comparing different units on one scale.
Market-specific differences #
Participant positioning and derivatives pressure are NSE-only. Swing can cover exchanges with a configured benchmark; breadth and diffusion require sufficient persisted exchange data. Unsupported groups remain visible with reasons and never borrow NSE figures for another venue.
Suggested next steps #
Choose one indicator from each available group. Write its unit, source, latest date and what a higher value literally means. Mark every unsupported group, then compare two dates without translating the readings into a price direction.
Educational use only #
This guide explains descriptive research evidence. It is not investment advice, a price prediction, a recommendation, a claim of predictive accuracy, or an instruction to buy, sell, rebalance or place an order.