RESEARCH — NOT BACKTESTED. This score has no measured hit rate yet and is never wired into the GREEN / RED decision.
Nifty, By Weight
TOO THIN TO CALL
One or two names are moving, but not enough of Nifty to say anything about the index.
up 0%
down 8%
quiet 59%
unwatched 33%
RELIANCE 8.0%
Only 8.0% of Nifty by weight leans bearish, across 1 name(s) — under the 10% / 2-name floor. Too little of the index to call it an index read.
Research only — this is a lean, never a GREEN / RED.
Your home decision is unchanged and does not read this.
1 of 0 unusual names have a direction
The gold number is the trigger — it carries no side. The verdict under each one is hello's answer, built from positioning, who is trapped, liquidity and gamma.
Today's Readings
ELEVATEDsingle sessionclosed near the low
2.3x usual volume
1.1x usual range
2.3x its usual volume on 1.1x its usual range — one abnormal session, not yet a run. It closed near the bottom of that range.
STAND ASIDE
There was a lean here, but it did not survive its own checks.
The evidence points BULLISH but every corroborating check went against it: only constituent_buildup_signal answered; the session closed against the read (−1); the tape reads the other way (MARKDOWN) (−1).
The five questions · 2/5 answered
What changed in positioning?
SHORT_COVERING
constituent_buildup_signal
SHORT_COVERING reads BULLISH on this name's own futures OI
Who is trapped?
NOT WIRED
seller_hunter_engine
no seller-hunter result supplied for this name
Where is liquidity?
NOT WIRED
liquidity_gate
no strike quote supplied — tradeability is unproven, not assumed
What price response should we expect?
NOT WIRED
constituent_gamma_signal
no gamma regime for this name — the size of the response cannot be anticipated
What did the tape itself say?
MARKDOWN
vpa_engine
Wyckoff phase reads bearish
ELEVATEDsingle sessionclosed near the low
1.4x usual volume
1.8x usual range
1.4x its usual volume on 1.8x its usual range — one abnormal session, not yet a run. It closed near the bottom of that range.
UNRESOLVED
Something moved this name. Positioning cannot say what, but the tape looks like buying — one to watch, not to trade.
Real activity, no explanation — neither positioning nor the trap read can say which way. This is the honest end of an anomaly score on its own. The tape alone reads bullish (MARKUP) — a hypothesis to watch, not a second source.
The five questions · 2/5 answered
What changed in positioning?
FLAT
constituent_buildup_signal
price and OI both moved too little to classify — a non-answer, not a neutral vote
Who is trapped?
NOT WIRED
seller_hunter_engine
no seller-hunter result supplied for this name
Where is liquidity?
NOT WIRED
liquidity_gate
no strike quote supplied — tradeability is unproven, not assumed
What price response should we expect?
NOT WIRED
constituent_gamma_signal
no gamma regime for this name — the size of the response cannot be anticipated
What did the tape itself say?
MARKUP
vpa_engine
Wyckoff phase reads bullish
ELEVATEDsingle sessionclosed near the low
1.1x usual volume
1.6x usual range
1.1x its usual volume on 1.6x its usual range — one abnormal session, not yet a run. It closed near the bottom of that range.
STAND ASIDE
There was a lean here, but it did not survive its own checks.
The evidence points BULLISH but every corroborating check went against it: only constituent_buildup_signal answered; the session closed against the read (−1); the tape reads the other way (MARKDOWN) (−1).
The five questions · 2/5 answered
What changed in positioning?
LONG_BUILDUP
constituent_buildup_signal
LONG_BUILDUP reads BULLISH on this name's own futures OI
Who is trapped?
NOT WIRED
seller_hunter_engine
no seller-hunter result supplied for this name
Where is liquidity?
NOT WIRED
liquidity_gate
no strike quote supplied — tradeability is unproven, not assumed
What price response should we expect?
NOT WIRED
constituent_gamma_signal
no gamma regime for this name — the size of the response cannot be anticipated
What did the tape itself say?
MARKDOWN
vpa_engine
Wyckoff phase reads bearish
ELEVATEDsingle sessionclosed near the low
1.1x usual volume
1.7x usual range
1.1x its usual volume on 1.7x its usual range — one abnormal session, not yet a run. It closed near the bottom of that range.
BEARISH
high conviction
Unusual activity, and the positioning behind it leans downside — high conviction.
only constituent_buildup_signal answered; the session closed with the read; the tape agrees (MARKDOWN) (+1).
The five questions · 2/5 answered
What changed in positioning?
LONG_UNWINDING
constituent_buildup_signal
LONG_UNWINDING reads BEARISH on this name's own futures OI
Who is trapped?
NOT WIRED
seller_hunter_engine
no seller-hunter result supplied for this name
Where is liquidity?
NOT WIRED
liquidity_gate
no strike quote supplied — tradeability is unproven, not assumed
What price response should we expect?
NOT WIRED
constituent_gamma_signal
no gamma regime for this name — the size of the response cannot be anticipated
What did the tape itself say?
MARKDOWN
vpa_engine
Wyckoff phase reads bearish
ELEVATEDsingle sessionclosed near the low
1.6x usual volume
1.1x usual range
1.6x its usual volume on 1.1x its usual range — one abnormal session, not yet a run. It closed near the bottom of that range.
STAND ASIDE
There was a lean here, but it did not survive its own checks.
The evidence points BULLISH but every corroborating check went against it: only constituent_buildup_signal answered; the session closed against the read (−1); the tape reads the other way (MARKDOWN) (−1).
The five questions · 2/5 answered
What changed in positioning?
LONG_BUILDUP
constituent_buildup_signal
LONG_BUILDUP reads BULLISH on this name's own futures OI
Who is trapped?
NOT WIRED
seller_hunter_engine
no seller-hunter result supplied for this name
Where is liquidity?
NOT WIRED
liquidity_gate
no strike quote supplied — tradeability is unproven, not assumed
What price response should we expect?
NOT WIRED
constituent_gamma_signal
no gamma regime for this name — the size of the response cannot be anticipated
What did the tape itself say?
MARKDOWN
vpa_engine
Wyckoff phase reads bearish
NORMALclosed near the low
1.5x usual volume
1.0x usual range
An ordinary session — 1.5x its usual volume across 1.0x its usual range.
NORMALclosed near the low
1.1x usual volume
1.4x usual range
An ordinary session — 1.1x its usual volume across 1.4x its usual range.
NORMALclosed near the low
1.2x usual volume
1.1x usual range
An ordinary session — 1.2x its usual volume across 1.1x its usual range.
NORMALclosed near the low
1.7x usual volume
0.8x usual range
An ordinary session — 1.7x its usual volume across 0.8x its usual range.
NORMALclosed mid-range
1.3x usual volume
0.9x usual range
An ordinary session — 1.3x its usual volume across 0.9x its usual range.
NORMALclosed near the low
1.5x usual volume
0.7x usual range
An ordinary session — 1.5x its usual volume across 0.7x its usual range.
NORMALclosed mid-range
1.6x usual volume
0.7x usual range
An ordinary session — 1.6x its usual volume across 0.7x its usual range.
NORMALclosed mid-range
1.1x usual volume
0.9x usual range
An ordinary session — 1.1x its usual volume across 0.9x its usual range.
NORMALclosed near the low
1.0x usual volume
1.0x usual range
An ordinary session — 1.0x its usual volume across 1.0x its usual range.
NORMALclosed near the low
0.9x usual volume
1.0x usual range
An ordinary session — 0.9x its usual volume across 1.0x its usual range.
Its Own Record
88.7%over 71 resolved reads
at 1d
high 100.0% n=6moderate 81.8% n=44low 100.0% n=21
The tape read alone would have been right 0.0% of the time on the rows where positioning stayed silent — tracked, never acted on.
128 read(s) logged · 71 resolved ·
57 stood aside and never counted as wins
How To Read This
The number is 2 × √(volume multiple × range multiple) against that stock's own trailing 20 sessions. An ordinary day scores 2.00, so read it as multiples of normal.
Both halves must be elevated for it to move. A huge-volume day that went nowhere — a block deal, an index rebalance — scores low on purpose. Volume that moved no price is not a footprint.
2.5 / 3.5 / 5.0 are the ELEVATED / UNUSUAL / EXTREME lines. They are placeholders carried from public folklore, not measured on this repo's own data.
"N sessions running" means the name has stayed above normal for N straight sessions — the slow-accumulation shape, as opposed to one violent afternoon. Each of those days is scored against its own trailing baseline, not today's.
The bars are the last ten sessions. A flat sliver is a session with no reading, not a quiet one.
The score itself has no direction — a volume-and-range anomaly is a magnitude, not a sign. That is where the original idea stops.
The verdict decodes it using four reads hello already owns on the same name: what changed in positioning (futures OI buildup), who is trapped (the seller-hunter archetypes), where liquidity is, and what response to expect (its gamma regime).
A fifth question reads the tape itself — Wyckoff phase, absorption, effort vs result. It recovers exactly what the score throws away: a huge-volume day that went nowhere scores low here, but in volume-price terms that is someone absorbing, and which side is readable. It shares its bars with the score, so it can support or cost conviction but never sets a side of its own.
Only the first two can set a side. When they disagree it says CONFLICTED and emits nothing — two institutional reads are never averaged into a weak lean. When neither can answer it says UNRESOLVED, which is the honest ceiling of an anomaly score on its own.
Gamma sets whether to expect the move to extend or be absorbed, and can cost conviction — but it never flips a side. Illiquidity vetoes outright: a correct direction in a contract you cannot exit is a losing trade.
Where a stock closed in its range can support or cost a notch, but it can never create a direction — the weakest evidence does not get to settle the strongest disagreement.