Breakout setups by industry

We track 1,003 liquid NSE and BSE stocks across 56 industries and check each one every evening for a base: a stretch where the price moves sideways in a range instead of trending. As of the close on 16 Oct 2026, 840 are still building a base and 14 broke out of one in the last five sessions.

Ranked by the median relative strength of their stocks (how each stock's price did over the past year against every stock we track, on a 1 to 99 scale), the industries at the top right now are Textiles & Apparels (85), Aerospace & Defense (73) and Entertainment (70). A high median describes what already happened to those prices; it is not a forecast.

Industries ranked by median strength

Only industries with at least 5 stocks carrying a strength reading. “Fresh breakouts” closed above a base ceiling in the last five sessions.

Industries ranked by median relative strength
IndustryStocksNew BOMed. RS
Textiles & Apparels20085
Aerospace & Defense22173
Entertainment8170
Industrial Products81267
Pharmaceuticals & Biotechnology68067
Industrial Manufacturing32167
Auto Components53066
Transport Services13065
Chemicals & Petrochemicals52063
Oil9062
Agricultural Food & other Products23260
Electrical Equipment42059
Capital Markets28058
Agricultural, Commercial & Construction Vehicles6058
Petroleum Products11157
Banks35053
Retailing25053
IT - Services16053
Food Products16052
Financial Technology (Fintech)7051
Commercial Services & Supplies18050
Non - Ferrous Metals8050
Gas8049
Telecom - Services9046
Consumer Durables53245
Healthcare Services24042
Automobiles12040
IT - Software31038
Ferrous Metals12038
Realty25037
Beverages9036
Finance58132
Leisure Services22131
Insurance13030
Other Utilities5030
Power25029
Personal Products9023
Cement & Cement Products12022
Construction26117
Fertilizers & Agrochemicals17116
Minerals & Mining6016

Too few to rank

Industries with fewer than 5 stocks carrying a strength reading are listed but not ranked: a median over one or two stocks is those stocks, not an industry reading.

Industries with too few stocks to rank
IndustryStocksNew BO
IT - Hardware40
Transport Infrastructure40
Diversified30
Diversified Metals30
Metals & Minerals Trading30
Telecom - Equipment & Accessories30
Consumable Fuels20
Diversified FMCG20
Engineering Services20
Other Consumer Services20
Paper, Forest & Jute Products20
Cigarettes & Tobacco Products10
Healthcare Equipment & Supplies10
Household Products10
Other Construction Materials10

Base and breakout detection describes past price and volume. It is provided for research and education, is not investment advice, and no pattern or reading predicts future returns. Price history begins in 2020.