fallingDaily · close of Thu 15 Oct 2026
close
55,811
55,279 – 56,066
change
+0.89%
trend
falling
falling
lower highs and lower lows
momentum
mixed
normal range
693
one bar, on average
nearest above
55,835
right at the level
nearest below
55,699
about half a normal day's range away

Price, with every level the desk knows

as of Thu 15 Oct 15:30
put wall 55,0000.382 55,0120.5 55,391high 55,537 ×3high 55,696 ×3low 55,699 ×30.618 55,770high 55,835 ×3high 55,958 ×3call wall 56,000low 56,024 ×30.786 56,309break down through 55,699break down through 57,002break down through 56,823break down through 57,075break up through 58,021break up through 55,537break down through 54,222double bottom confirmeddouble top confirmeddouble bottom confirmeddouble bottom confirmeddouble top confirmeddouble top confirmeddouble top confirmeddouble bottom confirmeddouble top confirmeddouble bottom confirmed55,811 close24 Apr25 May23 Jun22 Jul19 Aug17 Sep120 sessions

Dashed grey: reference levels · dotted violet: the heaviest option strikes · dotted amber: ratio levels · shaded band: the range · triangles: a recorded break or formation.

the range
54,067 – 56,066
tightwide
about as wide as usual
compression rule: a move down out of the range
the swing
bounce
the last swing was down; a bounce is in progress
the session
ordinary
in transition
an ordinary session
How far it has tended to travel

Measured reach

as of Thu 15 Oct 15:30
waytypicalone in fourone in tenin points
up0.96×1.67×2.59×665
down0.97×1.78×2.77×673

over the next five sessions, the typical move has been about 1.0× a normal day's range; one in ten went beyond 2.6× — from 750 past periods.

The option chain and the hedge

as of Thu 15 Oct 15:30
heaviest call strike
56,000
about half a normal day's range away
heaviest put strike
55,000
about one normal day's range away
puts to calls (OI)
1.03
puts to calls (volume)
0.83
put OI change
+5,07,300
call OI change
−64,050
puts read
put writing
calls read
call unwind
foreign investors
net short the index
their futures net
−2,79,827
The numbers behind the chart
Show the recordHide the record

Reference levels

CSVas of Thu 15 Oct 15:30
sidepricetouchesdistance
above55,8353right at the level
above55,9583about half a normal day's range away
above56,0243about half a normal day's range away
below55,6993about half a normal day's range away
below55,6963about half a normal day's range away
below55,5373about half a normal day's range away

Ratio levels

as of Thu 15 Oct 15:30
ratiopricekindreached
0.38255,012pullbackyes
0.555,391pullbackyes
0.61855,770pullbackyes
0.78656,309pullbacknot yet
1.27252,912extensionnot yet
1.41452,456extensionnot yet
1.61851,802extensionnot yet
250,575extensionnot yet

Momentum

as of Thu 15 Oct 15:30
20-bar average
55,457
50-bar average
56,095
200-bar average
56,485
oscillator (RSI 14)
51.6
trend gauge (ADX 14)
23.0

Recent range breaks

as of Thu 15 Oct 15:30
datewaylevelclosewhat followed
24 Sepdown55,69955,439stayed beyond 5 sessions
8 Sepdown57,00256,778still beyond after 10 sessions
8 Sepdown56,82356,778stayed beyond 2 sessions
8 Juldown57,07556,743back through within 1
24 Junup58,02158,150stayed beyond 2 sessions
12 Junup55,53756,815still beyond after 10 sessions
12 Maydown54,22253,555stayed beyond 2 sessions
2 Mardown59,86159,840still beyond after 10 sessions

Formations

as of Thu 15 Oct 15:30
shapeconfirmednecklinemeasured moveoutcome
double bottom17 Sep58,248—open
double top3 Sep57,002—open
double bottom24 Aug58,597—open
double bottom24 Aug58,706—open
double top6 Aug56,024—open
double top6 Aug56,024—open

The last sessions

as of Thu 15 Oct 15:30
dateclosetrendmomentumrangecompression rulesettled
15 Oct55,811fallingmixed54,067–56,066breakdown
14 Oct55,316fallingmixed54,067–55,645breakdown
13 Oct55,481fallingmixed53,786–55,552breakdown
12 Oct54,918fallingmixed53,786–55,419breakdown
9 Oct55,257fallingmixed53,786–55,763breakdown
8 Oct54,515fallingstrongly falling53,786–55,918breakdownno break
7 Oct55,056fallingfalling53,786–56,624breakdownno break
6 Oct55,128fallingfalling53,786–56,671breakdownno break
5 Oct54,714fallingfalling53,786–56,671breakdownno break
1 Oct54,451fallingfalling53,786–56,671breakoutno break
30 Sep54,633fallingfalling53,786–56,671breakoutno break
29 Sep54,260fallingmixed53,786–56,671breakoutno break
For NIFTYnearest reference above at 23,047, about half a normal day's range away; nearest reference below at 22,795, about one normal day's range away; past reference zones have not marked reversals better than chancefalling