fallingDaily · close of Thu 15 Oct 2026
close
22,997
22,637 – 23,056
change
+1.66%
trend
falling
fallinglower highs and lower lows
momentum
mixed
normal range
273
one bar, on average
nearest above
23,047
about half a normal day's range away
nearest below
22,795
about one normal day'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
22,180 – 23,056
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
| way | typical | one in four | one in ten | in points |
|---|---|---|---|---|
| up | 0.97× | 1.82× | 2.68× | 266 |
| down | 1.00× | 1.94× | 3.08× | 274 |
over the next five sessions, the typical move has been about 1.0× a normal day's range; one in ten went beyond 2.7× — from 750 past periods.
The option chain and the hedge
as of Thu 15 Oct 15:30
heaviest call strike
24,000
about 4 normal daily ranges away
heaviest put strike
22,500
about two normal daily ranges 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 | 23,047 | 1 | about half a normal day's range away |
| above | 23,070 | 2 | about half a normal day's range away |
| above | 23,116 | 1 | about half a normal day's range away |
| below | 22,795 | 2 | about one normal day's range away |
| below | 22,787 | 2 | about one normal day's range away |
| below | 22,776 | 2 | about one normal day's range away |
Ratio levels
as of Thu 15 Oct 15:30
| ratio | price | kind | reached |
|---|---|---|---|
| 0.382 | 22,680 | pullback | yes |
| 0.5 | 22,834 | pullback | yes |
| 0.618 | 22,989 | pullback | yes |
| 0.786 | 23,209 | pullback | not yet |
| 1.272 | 21,824 | extension | not yet |
| 1.414 | 21,638 | extension | not yet |
| 1.618 | 21,371 | extension | not yet |
| 2 | 20,871 | 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 |
|---|---|---|---|---|
| 24 Sep | down | 23,116 | 23,063 | stayed beyond 5 sessions |
| 2 Sep | down | 24,026 | 23,914 | still beyond after 10 sessions |
| 31 Jul | up | 24,367 | 24,384 | stayed beyond 2 sessions |
| 24 Jul | down | 23,805 | 23,767 | back through within 1 |
| 3 Jul | up | 24,189 | 24,271 | still beyond after 10 sessions |
| 18 Jun | up | 24,090 | 24,168 | still beyond after 10 sessions |
| 8 Jun | down | 23,263 | 23,123 | stayed beyond 1 session |
| 12 May | down | 23,797 | 23,380 | still beyond after 10 sessions |
Formations
as of Thu 15 Oct 15:30
| shape | confirmed | neckline | measured move | outcome |
|---|---|---|---|---|
| double top | 31 Aug | 23,606 | — | open |
| double top | 31 Aug | 23,606 | — | open |
| double bottom | 29 Jul | 24,367 | — | open |
| double bottom | 29 Jul | 24,531 | — | open |
| double top | 22 Jul | 23,805 | — | open |
| double bottom | 13 Jul | 24,531 | — | open |
The last sessions
as of Thu 15 Oct 15:30
| date | close | trend | momentum | range | compression rule | settled |
|---|---|---|---|---|---|---|
| 15 Oct | 22,997 | falling | mixed | 22,180–23,056 | breakdown | |
| 14 Oct | 22,623 | falling | mixed | 22,180–22,809 | breakdown | |
| 13 Oct | 22,722 | falling | mixed | 22,180–22,809 | breakdown | |
| 12 Oct | 22,363 | falling | strongly falling | 22,180–23,080 | breakout | |
| 9 Oct | 22,520 | falling | strongly falling | 22,180–23,163 | breakout | |
| 8 Oct | 22,232 | falling | strongly falling | 22,180–23,282 | breakout | no break |
| 7 Oct | 22,603 | falling | strongly falling | 22,217–23,467 | breakout | no break |
| 6 Oct | 22,776 | falling | strongly falling | 22,217–23,489 | breakout | no break |
| 5 Oct | 22,556 | falling | strongly falling | 22,217–23,489 | breakout | no break |
| 1 Oct | 22,422 | falling | strongly falling | 22,217–23,489 | breakout | no break |
| 30 Sep | 22,620 | falling | strongly falling | 22,570–23,489 | breakout | opposite |
| 29 Sep | 22,716 | falling | strongly falling | 22,570–23,489 | breakout | 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