Weekly structural research · NSI · Consumer Cyclical

HINDCOMPOS Stage Analysis

Hindustan Composites Limited

Week ending 2 Oct 2026Close INR 380.80Tenure NewBenchmark ^NSEI

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Downward Expansion · Early contraction

The weekly architecture is expanding downward.

Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation.

The Trend gate is down within the current regime.
Fast Activity versus Slow Activity: weakening.
Activity structure: wide and expanding.

Direction -66−100 bearish to +100 bullish

Energy 75/100directional strength

Maturity 13/100lifecycle context

Confidence 78/100evidence agreement

Trend gate Downstructural direction

Activity structure Wideexpanding separation

Price acceptance -83.3%position within the Activity structure

Fair Value context -16.1%INR 454.11 · weakening

Trend Architecture map · Historical context

Weekly close, Activity, Trend and Fair Value

Follow price and Trend first, then add Activity Lines to inspect the structure. Subtle bands show the regime recognized at each completed observation; the dashed line marks current Fair Value, not a historical forecast.

CloseTrendCurrent Fair Value

Background stage key

BalanceDirection is contained.
Rotation UpStructure is turning higher.
Upward ExpansionUptrend is established.
DecelerationUptrend is losing energy.
Rotation DownStructure is turning lower.
Downward ExpansionDowntrend is established.

View chart values · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-10-02	380.80	414.65	-1.59	9638	Downward Expansion	-66	75
2026-09-25	387.35	415.76	-3.14	15291	Downward Expansion	-65	74
2026-09-18	376.65	416.56	-6.82	17781	Downward Expansion	-77	81
2026-09-11	374.46	418.51	-7.82	26631	Rotation Down	-85	81
2026-09-04	392.77	420.13	-5.73	5640	Rotation Down	-50	63
2026-08-28	406.20	420.67	-3.86	4130	Rotation Down	-37	48
2026-08-21	409.33	420.62	-3.62	6557	Balance	-22	28
2026-08-14	410.25	420.54	-4.07	4001	Balance	-19	16
2026-08-07	424.00	421.64	-1.88	2794	Balance	29	12
2026-07-31	423.00	421.68	-1.59	1990	Balance	40	28
2026-07-24	428.40	422.62	2.03	10842	Balance	38	34
2026-07-17	434.85	423.13	1.00	5035	Balance	37	30
2026-07-10	437.90	422.60	2.05	4129	Balance	36	19
2026-07-03	447.70	422.01	3.95	13857	Balance	38	15
2026-06-26	411.55	420.91	-3.65	0	Balance	-19	12
2026-06-19	421.85	422.04	-1.27	2155	Balance	-8	10
2026-06-12	412.40	423.14	-2.03	2746	Balance	-10	17
2026-06-05	414.50	424.76	-0.74	4063	Balance	-10	18
2026-05-29	410.15	426.23	-2.76	32399	Balance	-10	13
2026-05-22	398.95	428.14	-6.41	49127	Rotation Up	-18	9
2026-05-15	420.30	430.72	-1.25	34594	Rotation Up	21	35
2026-05-08	462.25	432.58	6.24	47982	Rotation Up	21	35
2026-05-01	457.65	432.08	6.18	35943	Rotation Up	18	32
2026-04-24	483.85	431.92	12.97	126724	Rotation Up	30	31
2026-04-17	490.55	430.93	12.70	405359	Rotation Up	-3	5
2026-04-10	417.30	430.28	-2.73	24819	Downward Expansion	-56	48
2026-04-03	364.70	432.98	-10.11	9013	Downward Expansion	-71	73
2026-03-27	358.75	436.15	-12.24	25543	Downward Expansion	-76	69
2026-03-20	394.60	439.36	-4.95	18678	Downward Expansion	-60	48
2026-03-13	386.45	441.94	-7.32	10901	Downward Expansion	-66	36
2026-03-06	414.05	444.43	-6.24	11885	Downward Expansion	-51	24
2026-02-27	411.50	446.31	-9.83	11243	Downward Expansion	-54	27
2026-02-20	435.20	448.48	-6.44	21296	Downward Expansion	-49	29
2026-02-13	423.00	450.04	-9.02	21106	Downward Expansion	-56	49
2026-02-06	408.90	452.27	-13.10	28531	Downward Expansion	-60	54
2026-01-30	404.80	454.61	-12.98	18704	Downward Expansion	-65	49
2026-01-23	406.85	457.20	-11.83	19814	Downward Expansion	-66	34
2026-01-16	443.30	459.92	-6.71	16384	Downward Expansion	-37	17
2026-01-09	425.20	461.02	-10.90	24858	Downward Expansion	-58	31
2026-01-02	451.10	463.43	-8.19	31885	Downward Expansion	-53	33
2025-12-26	443.75	464.96	-9.27	24126	Downward Expansion	-61	63
2025-12-19	418.90	467.06	-14.62	11400	Downward Expansion	-68	72
2025-12-12	420.15	468.32	-15.22	21596	Downward Expansion	-70	69
2025-12-05	414.90	468.96	-17.33	12193	Balance	-74	63
2025-11-28	445.20	468.92	-11.63	12424	Balance	-56	42
2025-11-21	454.95	467.92	-9.44	18296	Balance	-20	19
2025-11-14	461.20	466.95	-7.74	22496	Balance	-5	4
2025-11-07	458.45	466.18	-6.90	12803	Balance	-6	6
2025-10-31	467.35	465.08	-6.14	23034	Balance	16	7
2025-10-24	476.50	463.73	-4.69	22702	Balance	10	7
2025-10-17	476.05	462.15	-4.49	33194	Balance	-3	13
2025-10-10	447.30	461.53	-8.92	15504	Balance	-21	28
2025-10-03	452.70	461.06	-6.74	12169	Balance	2	3
2025-09-26	454.10	461.23	-5.89	22761	Balance	3	4
2025-09-19	471.20	460.65	-5.22	24633	Balance	25	12
2025-09-12	498.22	460.37	0.74	53049	Balance	41	17
2025-09-05	459.73	458.84	-5.95	30907	Balance	7	12
2025-08-29	455.30	458.36	-6.09	26955	Balance	4	10
2025-08-22	471.98	457.78	-4.81	12882	Balance	26	16
2025-08-15	460.92	457.44	-6.65	11392	Balance	25	15
2025-08-08	470.53	458.87	-3.97	21516	Balance	34	17
2025-08-01	476.66	459.44	-3.88	32994	Balance	36	20
2025-07-25	482.04	462.16	-4.22	29474	Balance	38	23
2025-07-18	489.86	464.41	-3.43	27356	Balance	17	17
2025-07-11	479.25	466.13	-6.45	28611	Rotation Up	23	18
2025-07-04	482.39	469.42	-7.49	26285	Rotation Up	27	25
2025-06-27	488.56	469.01	-7.23	38181	Rotation Up	22	42
2025-06-20	476.26	468.29	-7.88	30474	Rotation Up	23	48
2025-06-13	497.52	467.16	-2.32	49792	Rotation Up	27	47
2025-06-06	496.93	465.54	-3.48	58699	Balance	27	33
2025-05-30	506.64	465.14	-0.39	130624	Balance	9	16
2025-05-23	456.79	463.97	-10.40	48190	Downward Expansion	-32	18
2025-05-16	439.31	463.82	-14.49	25045	Downward Expansion	-53	33
2025-05-09	413.77	466.09	-16.14	30250	Downward Expansion	-60	39
2025-05-02	415.21	470.38	-17.12	21250	Downward Expansion	-62	42
2025-04-25	425.82	474.75	-14.04	21766	Downward Expansion	-57	41
2025-04-18	438.17	479.28	-10.94	13470	Downward Expansion	-55	42
2025-04-11	425.37	483.52	-9.68	10103	Downward Expansion	-58	39
2025-04-04	426.91	488.95	-9.66	11702	Downward Expansion	-59	42
2025-03-28	429.10	494.00	-11.55	48194	Downward Expansion	-58	34
2025-03-21	457.44	499.28	-4.95	41382	Downward Expansion	-52	31
2025-03-14	433.09	504.45	-6.02	15695	Downward Expansion	-61	37
2025-03-07	457.74	508.06	-1.26	33132	Downward Expansion	-53	32
2025-02-28	436.92	511.74	-3.77	8307	Downward Expansion	-61	43
2025-02-21	462.72	516.39	-1.00	26634	Downward Expansion	-57	54
2025-02-14	452.21	519.33	-3.76	60400	Downward Expansion	-59	61
2025-02-07	445.29	522.57	-7.66	39125	Downward Expansion	-61	58
2025-01-31	437.87	528.01	-9.08	54482	Balance	-55	40
2025-01-24	461.82	531.38	-2.49	24141	Balance	-45	25
2025-01-17	504.05	533.09	5.89	47232	Balance	-15	9
2025-01-10	487.47	531.88	1.52	52602	Balance	1	12
2025-01-03	558.43	530.82	13.44	51088	Balance	22	30
2024-12-27	549.41	525.92	12.78	70263	Balance	7	21
2024-12-20	541.35	521.58	12.45	68134	Balance	-16	19
2024-12-13	578.15	518.40	14.64	598320	Rotation Down	14	11
2024-12-06	470.14	512.95	-6.21	42341	Rotation Down	-32	46
2024-11-29	466.75	510.91	-5.01	32781	Rotation Down	-34	51
2024-11-22	442.50	509.34	-9.34	22556	Rotation Down	-44	62
2024-11-15	448.92	508.61	-6.98	30760	Rotation Down	-33	58
2024-11-08	484.78	507.37	-2.49	55491	Rotation Down	-22	50
2024-11-01	471.73	505.24	-5.79	38171	Deceleration	-28	47
2024-10-25	452.26	503.34	-9.34	60484	Deceleration	-16	26
2024-10-18	507.43	501.14	-1.23	51340	Deceleration	3	11
2024-10-11	542.34	497.35	5.02	31585	Deceleration	31	18
2024-10-04	546.38	492.65	5.71	45628	Deceleration	36	20
2024-09-27	561.71	488.35	3.94	28827	Upward Expansion	41	26
2024-09-20	565.40	483.63	6.22	62405	Upward Expansion	53	34
2024-09-13	588.10	479.39	12.49	78203	Upward Expansion	59	43
2024-09-06	578.57	473.32	13.05	196094	Upward Expansion	58	41
2024-08-30	587.45	468.47	13.07	67677	Upward Expansion	61	44
2024-08-23	612.56	463.35	20.07	559509	Upward Expansion	71	50
2024-08-16	541.45	457.39	7.63	76868	Upward Expansion	58	44
2024-08-09	568.20	454.17	13.89	82587	Upward Expansion	62	51
2024-08-02	576.19	450.90	14.03	93998	Upward Expansion	69	69
2024-07-26	551.08	446.66	9.00	81056	Upward Expansion	65	79
2024-07-19	549.39	443.25	10.30	108980	Upward Expansion	67	82
2024-07-12	608.39	439.49	22.74	723483	Upward Expansion	90	91
2024-07-05	538.87	434.10	10.21	329880	Rotation Up	82	82
2024-06-28	513.17	431.25	6.77	690723	Rotation Up	50	59
2024-06-21	467.87	429.09	-0.25	148292	Balance	27	36
2024-06-14	455.66	428.83	-2.51	109322	Balance	22	22
2024-06-07	411.55	428.97	-11.12	66759	Balance	-21	11
2024-05-31	419.14	428.72	-6.35	54332	Balance	-15	10
2024-05-24	445.74	428.08	-2.12	128072	Balance	-1	6
2024-05-17	414.87	426.46	-6.58	22471	Balance	-31	13
2024-05-10	408.97	426.47	-5.99	17873	Balance	-33	15
2024-05-03	419.54	426.35	-5.14	28333	Balance	-30	17
2024-04-26	420.48	426.00	-4.45	31101	Balance	-33	18
2024-04-19	411.85	425.88	-5.00	60284	Downward Expansion	-39	21
2024-04-12	420.88	425.82	-4.20	94962	Downward Expansion	-52	32
2024-04-05	414.62	426.51	-5.27	55508	Downward Expansion	-57	48
2024-03-29	386.24	427.89	-10.66	293949	Balance	-66	60
2024-03-22	393.88	428.88	-7.65	29198	Balance	-37	42
2024-03-15	401.33	429.83	-5.32	45177	Balance	-24	24
2024-03-08	417.45	429.81	-3.27	29244	Balance	-18	27
2024-03-01	419.98	429.99	-1.70	47946	Balance	-15	18
2024-02-23	438.29	428.23	3.54	235202	Balance	-9	14
2024-02-16	406.09	426.36	-2.86	79477	Balance	-25	23
2024-02-09	433.03	424.99	5.12	79658	Upward Expansion	25	15
2024-02-02	433.68	422.41	5.36	44077	Upward Expansion	34	17
2024-01-26	433.88	419.39	8.27	27663	Upward Expansion	39	23
2024-01-19	444.84	416.66	10.04	64638	Upward Expansion	52	32
2024-01-12	470.10	412.89	15.32	103665	Upward Expansion	66	38
2024-01-05	448.81	408.22	11.58	72212	Upward Expansion	55	32
2023-12-29	448.76	403.70	11.89	51551	Upward Expansion	58	37
2023-12-22	436.80	399.28	11.33	67740	Upward Expansion	57	42
2023-12-15	446.68	394.47	13.87	52596	Upward Expansion	60	65
2023-12-08	453.43	389.46	18.84	189508	Upward Expansion	63	71
2023-12-01	448.17	384.20	22.23	72726	Upward Expansion	60	63
2023-11-24	460.18	378.95	29.33	182557	Deceleration	68	54
2023-11-17	459.93	373.24	30.76	169278	Deceleration	68	36
2023-11-10	403.86	366.80	17.47	53945	Deceleration	20	12
2023-11-03	400.18	362.32	17.94	20330	Deceleration	30	16
2023-10-27	396.86	357.45	18.51	34500	Deceleration	32	17
2023-10-20	415.32	352.38	21.22	56224	Deceleration	37	23
2023-10-13	405.49	346.98	17.53	29453	Upward Expansion	40	25

Price vs TrendBelow-8.2%

Trend directionFalling-1.9%

Price vs current Fair ValueBelow anchor-16.1%

Fair Value directionMoving away-14.8%

Relative Strength vs benchmarkLagging-1.6%

Relative strength directionWeakening-5.5%

Price momentumPositive+4.4%

Volume balanceSupply-led0.46×

Beyond the current label

Is the structure strengthening or losing force?

Direction and energy measure different things

Direction shows the upward or downward lean. Energy shows the force behind the structural move: high energy can accompany a strong decline as well as an advance.

Direction

-66 / ±100

-16.6 points since 2026-09-04

Energy

75 /100

+12.2 points since 2026-09-04

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

HINDCOMPOS Directional State ↗ HINDCOMPOS Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance11

Rotation Up10

Upward Expansion17

Deceleration38

Rotation Down76

Downward Expansion93

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Time spent in each state

The context behind today’s regime

2023-10-13 to 2026-10-02 · 156 classified observations out of 156 shown.

Balance 38%Rotation Up 8%Upward Expansion 15%Deceleration 7%Rotation Down 6%Downward Expansion 26%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-09-18	2026-10-02	New	+1.1%
Rotation Down	2026-08-28	2026-09-11	New	-7.8%
Balance	2026-05-29	2026-08-21	Established	-0.2%
Rotation Up	2026-04-17	2026-05-22	Developing	-18.7%
Downward Expansion	2025-12-12	2026-04-10	Established	-0.7%
Balance	2025-07-18	2025-12-05	Established	-15.3%
Rotation Up	2025-06-13	2025-07-11	Developing	-3.7%
Balance	2025-05-30	2025-06-06	New	-1.9%
Downward Expansion	2025-02-07	2025-05-23	Established	+2.6%
Balance	2024-12-20	2025-01-31	Developing	-19.1%
Rotation Down	2024-11-08	2024-12-13	Developing	+19.3%
Deceleration	2024-10-04	2024-11-01	Developing	-13.7%
Upward Expansion	2024-07-12	2024-09-27	Developing	-7.7%
Rotation Up	2024-06-28	2024-07-05	New	+5.0%

Classic Stage Analysis comparison

Stage 1 · Basing53

Stage 2 · Advancing18

Stage 3 · Distribution42

Stage 4 · Declining82

Legacy result: Stage 4 · Stage 4A · Breakdown. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^NSEI

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Lagging benchmark

Architecture confirmation: 69/100
Current Relative Strength: -1.59
Relative Strength direction: Weakening
Price momentum: +4.4%
Excess performance vs benchmark: +5.7%
Consumer Cyclical regime cohort: 58th percentile113 in cohort

Test HINDCOMPOS trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.88×

Latest completed volume relative to typical participation.

Up/down volume0.46×

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+25.0%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Bars show completed weekly volume; the dashed line provides typical-volume context. Both measures use the same scale.

Explore HINDCOMPOS Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity INR 381.67falling

Slow Activity INR 410.78falling

Trend Reference INR 414.65-8.2% close margin

Current Fair Value INR 454.11-16.1% close margin

Structural low INR 358.85shock / repair context

What changes the read?

Fan contraction and a persistent upward fast/slow rotation are required before the declining structure is considered repaired.

Range context +5.0%

Annualized volatility +38.8%

From structural high -30.8%

From structural low +9.7%

Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon	Samples	Median move	Positive periods	Directional follow-through	Median excess vs ^NSEI	Regime survived	Read
Near term	20	+1.2%-11.9% to +25.5%	+60.0%	+40.0%	+0.7%	+75.0%	Usable descriptive sample
Intermediate	8	+6.5%-8.0% to +30.0%	+75.0%	+25.0%	+4.3%	+37.5%	Usable descriptive sample
Extended	5	+11.5%-1.8% to +43.8%	+80.0%	+20.0%	+7.5%	+0.0%	Usable descriptive sample
Full cycle	4	+0.6%-14.6% to +56.9%	+50.0%	+50.0%	-4.4%	+75.0%	Too little matched history

Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

HINDCOMPOS Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding downward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Send a message

Evidence context

What the Activity Line geometry says now

The weekly architecture is expanding downward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength ?

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

Test the structure from another angle

Trend Persistence ↗

Directional State ↗

Momentum Intelligence ↗

Similar Charts ↗

RMI Reversal Map ↗

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Relative Strength

Trend Persistence

Directional State

Momentum Intelligence

Similar Charts

RMI Reversal Map