sidewaysMonthly · close of Thu 15 Oct 2026
close
74,316
71,293 – 74,330
change
+2.11%
trend
sideways
sidewaysinside a range, neither side taken
momentum
mixed
normal range
4,472
one bar, on average
nearest above
79,742
about one normal month's range away
nearest below
71,546
about one 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
71,293 – 85,884
tightwide
a wider stretch than 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 | 0.90× | 1.38× | 1.82× | 4,023 |
| down | 0.81× | 1.25× | 1.65× | 3,602 |
over the next few months, the typical move has been about 0.9× a normal month's range; one in ten went beyond 1.8× — from 60 past periods.
The option chain and the hedge
as of Thu 15 Oct 15:30
heaviest call strike
75,000
about half a normal month's range away
heaviest put strike
73,000
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 | 79,742 | 0 | about one normal month's range away |
| above | 84,100 | 0 | about two normal monthly ranges away |
| above | 85,978 | 1 | about 3 normal monthly ranges away |
| below | 71,546 | 1 | about one normal month's range away |
| below | 71,425 | 1 | about one normal month's range away |
| below | 67,927 | 0 | about two normal monthly ranges away |
Ratio levels
as of Thu 15 Oct 15:30
| ratio | price | kind | reached |
|---|---|---|---|
| 0.382 | 77,128 | pullback | yes |
| 0.5 | 78,852 | pullback | yes |
| 0.618 | 80,577 | pullback | not yet |
| 0.786 | 83,032 | pullback | not yet |
| 1.272 | 67,571 | extension | not yet |
| 1.414 | 65,496 | extension | not yet |
| 1.618 | 62,515 | extension | not yet |
| 2 | 56,933 | 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 | 79,742 | 71,948 | still beyond after 10 sessions |
| 28 Nov | up | 84,100 | 85,707 | stayed beyond 1 session |
| 29 Dec | up | 67,927 | 72,240 | still beyond after 10 sessions |
| 30 Jun | up | 63,583 | 64,719 | still beyond after 10 sessions |
| 30 Nov | up | 60,845 | 63,100 | still beyond after 10 sessions |
| 27 Nov | up | 42,274 | 44,150 | still beyond after 10 sessions |
| 31 Mar | down | 35,988 | 29,468 | stayed beyond 5 sessions |
| 29 Nov | up | 40,312 | 40,794 | stayed beyond 2 sessions |
Formations
as of Thu 15 Oct 15:30
| shape | confirmed | neckline | measured move | outcome |
|---|---|---|---|---|
| double bottom | 30 Jun | 86,159 | — | open |
| double top | 27 Feb | 71,425 | — | open |
| double top | 29 Aug | 71,425 | — | open |
| double top | 28 Feb | 50,921 | — | open |
| double top | 28 Feb | 50,921 | — | open |
| double bottom | 30 Aug | 60,845 | — | open |
The last sessions
as of Thu 15 Oct 15:30
| date | close | trend | momentum | range | compression rule | settled |
|---|---|---|---|---|---|---|
| 15 Oct | 74,316 | sideways | mixed | 71,293–85,884 | breakdown | |
| 30 Sep | 72,480 | sideways | mixed | 71,546–86,159 | breakdown | |
| 31 Aug | 76,957 | sideways | mixed | 71,546–86,159 | breakdown | |
| 31 Jul | 78,095 | sideways | mixed | 71,546–86,159 | breakdown | |
| 30 Jun | 76,479 | sideways | mixed | 71,546–86,159 | breakdown | no break |
| 29 May | 74,776 | rising | mixed | 71,546–86,159 | breakout | no break |
| 30 Apr | 76,914 | rising | mixed | 71,546–86,159 | breakout | no break |
| 30 Mar | 71,948 | rising | mixed | 71,774–86,159 | breakout | no break |
| 27 Feb | 81,287 | rising | mixed | 78,968–86,159 | breakout | opposite |
| 30 Jan | 82,270 | sideways | mixed | 71,425–86,159 | breakdown | no break |
| 31 Dec | 85,221 | rising | mixed | 71,425–86,159 | breakdown | no break |
| 28 Nov | 85,707 | rising | mixed | 71,425–86,056 | breakdown | no 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