Cut
SBISILVER · HINDCOPPER · CANBK · IDEA · J&KBANK
All exceed the declared 5% ceiling. Current momentum is negative and none is a fresh actionable setup.
Cortex portfolio review · 01 October 2026
Protect capital.
Keep the evidence.
Eight holdings, one defensive market, and a clean separation between exits already owed and entry gates that describe today’s opportunity.
Decision: Under the owner’s stated 5% maximum loss, exit SBISILVER, HINDCOPPER, CANBK, IDEA and J&KBANK. Four have also crossed the current profile’s 8% structural line. Do not average down. GOLDBEES and CDSL may be retained while their policy stops remain intact. COFORGE needs its acquisition date checked: if twenty completed post-entry sessions have elapsed, the inferred 20-DMA trail is breached and the rule calls for an exit at the next open.
Keep with protection
GOLDBEES · CDSL
Neither crossed its inferred 8% line. Both fail fresh-entry tests, so this is not permission to add.
Reconcile, then act
COFORGE
Confirm the lot age and recorded policy. A mature book-v3 lot has likely generated a close-stop exit.
Capital at risk
Position decisions
Costs and marks are reconstructed from quantities, rupee P&L and displayed percentages, so they are approximate. The 8% line is 92% of inferred cost. Existing manual holdings must not be silently relabelled as new book-v3 lots.
| holding | qty | return | P&L | cost | mark | 8% line | rule result | action |
|---|---|---|---|---|---|---|---|---|
| SBISILVER | 260 | −18.36% | −₹12,571 | ₹263.34 | ₹214.99 | ₹242.28 | Beyond 5% and 8%; ETF scan 4/7, no momentum, below 20MA. | CUT |
| GOLDBEES | 200 | +1.53% | +₹366 | ₹119.61 | ₹121.44 | ₹110.04 | Above cost and initial line; fresh entry fails, but no loss exit. | KEEP |
| HINDCOPPER | 45 | −23.27% | −₹6,449.85 | ₹615.94 | ₹472.61 | ₹566.67 | Far beyond both limits; −17% momentum; no valid base/stop. | CUT |
| COFORGE | 10 | +37.48% | +₹4,768 | ₹1,272.15 | ₹1,748.95 | ₹1,170.37 | Latest ₹1,749 is below inferred 20MA trail near ₹1,780. Lot age decides if active. | CHECK / EXIT* |
| CANBK | 140 | −20.12% | −₹4,211.20 | ₹149.50 | ₹119.42 | ₹137.54 | Beyond both limits; 3/7; negative momentum and low ADR. | CUT |
| IDEA | 1,000 | −8.67% | −₹1,230 | ₹14.19 | ₹12.96 | ₹13.05 | Beyond 5% and slightly beyond 8%; no base; RS 82. | CUT |
| CDSL | 10 | −1.69% | −₹217 | ₹1,284.02 | ₹1,262.32 | ₹1,181.30 | Inside both loss lines; 3/7. Verify trail if held 20+ sessions. | KEEP / VERIFY |
| J&KBANK | 75 | −7.09% | −₹793.50 | ₹149.22 | ₹138.64 | ₹137.29 | Past 5% and ~1% above 8% line; −8% momentum; no base. | CUT |
*COFORGE: book-v3 starts the 20-DMA × 0.97 trail after twenty completed post-entry closes. If active, a completed close below the stop latches an exit for the next open. The screenshots do not contain the acquisition date or recorded stop.
Production scanner
All eight stock gates
Live RuleVersion 37 readings. G1–G4 are mandatory. Six of seven binding gates must pass; G5 is displayed but non-binding after its historical edge failed testing. “?” blocks because evidence is missing. “No base” means no truthful pivot and stop could be derived.
| stock | G1 10MA | G2 20MA | G3 30d | G4 stop | G5 sector | G6 EPS | G7 RS | G8 ADR | fresh entry |
|---|---|---|---|---|---|---|---|---|---|
| HINDCOPPER | ✓ −4.0% | ✓ −6.2% | ✕ −17% | ? no base | note | ? | ? | ✕ 2.5% | NO |
| COFORGE | ✓ −2.0% | ✓ −4.7% | ✕ −1% | ? no base | ✓ | ✕ +8% | ✕ 79 | ✕ 3.0% | NO |
| CANBK | ✓ −3.0% | ✓ −3.5% | ✕ −7% | ✓ 3.0% | note | ? | ? | ✕ 1.8% | 3/7 · NO |
| IDEA | ✓ −6.9% | ✓ −10.1% | ✕ −8% | ? no base | note | ? | ✕ 82 | ✓ 3.6% | NO |
| CDSL | ✓ −4.6% | ✓ −6.1% | ✕ −6% | ✓ 4.5% | note | ? | ? | ✕ 2.5% | 3/7 · NO |
| J&KBANK | ✓ −4.2% | ✓ −4.9% | ✕ −8% | ? no base | note | ? | ? | ✕ 2.6% | NO |
ETF production path
ETFs use seven honest gates
Production does not pretend corporate EPS, stock RS ratings or sector RRG apply to bullion funds. It runs G1, G2, G3, G4 and G8 plus E1 relative strength against NIFTYBEES and E2 stage-2 trend.
| ETF | G1 | G2 | G3 | G4 | G8 | E1 | E2 | fresh entry |
|---|---|---|---|---|---|---|---|---|
| SILVERBEES | ✓ −3.3% | ✓ −3.9% | ✕ −5% | ✕ 2.9% > 2% | ✓ 1.3% | ✓ +3.6pp | ✕ below 20MA | 4/7 · NO |
| GOLDBEES | ✓ −1.7% | ✓ −2.4% | ✕ −4% | ✕ 4.8% > 2% | ✕ 1.0% | ✓ +9.2pp | ✕ below 20MA | 3/7 · NO |
Market context
Why additions are blocked
36.58%breadth
44.99%prior mean
7distribution days
Falsefollow-through
−3.06%Nifty vs 20MA
The production snapshot is BEAR: breadth is below its prior mean and computed status is DOWNTREND. No holding may be averaged down. Exits remain lot-policy decisions.
Evidence limits
What must be reconciled
- Screenshots do not show acquisition dates, filled VWAPs, lot tags, strategies or resting stops.
- Gate readings came from a production dry run under RuleVersion 37. No scan row or order was written.
- HINDCOPPER, COFORGE, IDEA and J&KBANK had no current base; G4 is therefore undecided.
- The active profile uses an 8% initial structural stop; the owner separately stated a 5% maximum. The stricter declared ceiling drives this legacy/manual-holding triage.
- Before automation, import each lot’s actual acquisition date, fill, stop and policy. This report transmitted no orders.