fallingMonthly · close of Thu 15 Oct 2026
close
55,811
54,067 – 56,066
change
+0.89%
trend
falling
fallinglower highs and lower lows
momentum
mixed
normal range
3,619
one bar, on average
nearest above
57,628
about half a normal month's range away
nearest below
54,467
about half a normal month's range away
Price, with every level the desk knows
as of Thu 15 Oct 15:30
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
49,955 – 61,765
tightwide
a much wider stretch than usual
compression rule: a move up out of the range
the swing
pullback
the last swing was up; a pullback 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
| way | typical | one in four | one in ten | in points |
|---|---|---|---|---|
| up | 0.82× | 1.32× | 1.92× | 2,973 |
| down | 0.61× | 1.05× | 1.30× | 2,225 |
over the next few months, the typical move has been about 0.8× a normal month's range; one in ten went beyond 1.9× — from 60 past periods.
The option chain and the hedge
as of Thu 15 Oct 15:30
heaviest call strike
56,000
right at the level
heaviest put strike
55,000
about half a normal month's range away
The numbers behind the chart
Show the recordHide the record
Reference levels
CSVas of Thu 15 Oct 15:30
| side | price | touches | distance |
|---|---|---|---|
| above | 57,628 | 0 | about half a normal month's range away |
| above | 58,706 | 0 | about one normal month's range away |
| above | 61,765 | 0 | about two normal monthly ranges away |
| below | 54,467 | 0 | about half a normal month's range away |
| below | 53,562 | 0 | about one normal month's range away |
| below | 49,955 | 0 | about two normal monthly ranges away |
Ratio levels
as of Thu 15 Oct 15:30
| ratio | price | kind | reached |
|---|---|---|---|
| 0.382 | 55,363 | pullback | yes |
| 0.5 | 54,330 | pullback | yes |
| 0.618 | 53,298 | pullback | not yet |
| 0.786 | 51,828 | pullback | not yet |
| 1.272 | 61,086 | extension | not yet |
| 1.414 | 62,329 | extension | not yet |
| 1.618 | 64,114 | extension | not yet |
| 2 | 67,457 | extension | not yet |
Momentum
as of Thu 15 Oct 15:30
Recent range breaks
as of Thu 15 Oct 15:30
| date | way | level | close | what followed |
|---|---|---|---|---|
| 30 Mar | down | 53,562 | 50,275 | back through within 1 |
| 31 Oct | up | 57,628 | 57,776 | stayed beyond 5 sessions |
| 30 Apr | up | 54,467 | 55,087 | still beyond after 10 sessions |
| 30 Apr | up | 48,636 | 49,397 | still beyond after 10 sessions |
| 29 Dec | up | 46,370 | 48,292 | still beyond after 10 sessions |
| 30 Jun | up | 44,152 | 44,747 | still beyond after 10 sessions |
| 30 Aug | up | 39,425 | 39,537 | still beyond after 10 sessions |
| 29 Oct | up | 37,709 | 39,116 | stayed beyond 5 sessions |
Formations
as of Thu 15 Oct 15:30
| shape | confirmed | neckline | measured move | outcome |
|---|---|---|---|---|
| double top | 31 Aug | 49,955 | — | open |
| double bottom | 30 Jun | 61,765 | — | open |
| double bottom | 30 Jun | 61,765 | — | open |
| double bottom | 30 Jun | 61,765 | — | open |
| double top | 30 Sep | 47,703 | — | open |
| double bottom | 30 May | 54,467 | — | open |
The last sessions
as of Thu 15 Oct 15:30
| date | close | trend | momentum | range | compression rule | settled |
|---|---|---|---|---|---|---|
| 15 Oct | 55,811 | falling | mixed | 49,955–61,765 | breakout | |
| 30 Sep | 54,633 | falling | mixed | 49,955–61,765 | breakout | |
| 31 Aug | 58,025 | falling | mixed | 49,955–61,765 | breakout | |
| 31 Jul | 57,265 | sideways | mixed | 49,955–61,765 | breakdown | |
| 30 Jun | 57,543 | sideways | mixed | 49,955–61,765 | breakdown | no break |
| 29 May | 54,239 | rising | mixed | 49,955–61,765 | breakout | no break |
| 30 Apr | 54,863 | rising | mixed | 49,955–61,765 | breakout | no break |
| 30 Mar | 50,275 | rising | mixed | 50,105–61,765 | breakdown | no break |
| 27 Feb | 60,529 | rising | strongly rising | 53,483–61,765 | breakdown | as expected |
| 30 Jan | 59,610 | rising | strongly rising | 49,157–60,437 | breakdown | opposite |
| 31 Dec | 59,582 | rising | strongly rising | 47,703–60,114 | breakdown | opposite |
| 28 Nov | 59,753 | rising | strongly rising | 47,703–59,898 | breakdown | opposite |
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