risingWeekly · close of Thu 15 Oct 2026
close
74,316
71,676 – 74,330
change
+2.11%
trend
rising
risinghigher highs and higher lows
momentum
mixed
normal range
1,971
one bar, on average
nearest above
75,111
about half a normal week's range away
nearest below
74,245
right at the level
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 – 78,677
tightwide
a 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 | 0.90× | 1.56× | 2.45× | 1,772 |
| down | 0.96× | 1.54× | 2.33× | 1,892 |
over the next few weeks, the typical move has been about 0.9× a normal week's range; one in ten went beyond 2.4× — from 156 past periods.
The option chain and the hedge
as of Thu 15 Oct 15:30
heaviest call strike
75,000
about half a normal week's range away
heaviest put strike
73,000
about one normal week'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 | 75,111 | 3 | about half a normal week's range away |
| above | 75,124 | 3 | about half a normal week's range away |
| above | 75,268 | 3 | about half a normal week's range away |
| below | 74,245 | 0 | right at the level |
| below | 73,428 | 1 | about half a normal week's range away |
| below | 73,319 | 1 | about half a normal week's range away |
Ratio levels
as of Thu 15 Oct 15:30
| ratio | price | kind | reached |
|---|---|---|---|
| 0.382 | 77,742 | pullback | yes |
| 0.5 | 77,309 | pullback | yes |
| 0.618 | 76,876 | pullback | yes |
| 0.786 | 76,260 | pullback | yes |
| 1.272 | 80,141 | extension | not yet |
| 1.414 | 80,662 | extension | not yet |
| 1.618 | 81,410 | extension | not yet |
| 2 | 82,812 | 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 |
|---|---|---|---|---|
| 11 Sep | down | 75,474 | 74,782 | stayed beyond 2 sessions |
| 6 Mar | down | 79,899 | 78,919 | still beyond after 10 sessions |
| 9 Jan | down | 84,150 | 83,576 | still beyond after 10 sessions |
| 28 Nov | up | 85,290 | 85,707 | back through within 1 |
| 17 Oct | up | 83,141 | 83,952 | still beyond after 10 sessions |
| 8 Aug | down | 80,355 | 79,858 | back through within 1 |
| 27 Jun | up | 82,718 | 84,059 | back through within 1 |
| 25 Apr | up | 78,742 | 79,213 | still beyond after 10 sessions |
Formations
as of Thu 15 Oct 15:30
| shape | confirmed | neckline | measured move | outcome |
|---|---|---|---|---|
| double top | 21 Aug | 73,319 | — | open |
| double bottom | 7 Aug | 78,665 | — | open |
| double top | 24 Jul | 73,319 | — | open |
| double bottom | 25 Jun | 79,367 | — | open |
| double top | 20 Feb | 79,899 | — | open |
| double top | 20 Feb | 79,899 | — | open |
The last sessions
as of Thu 15 Oct 15:30
| date | close | trend | momentum | range | compression rule | settled |
|---|---|---|---|---|---|---|
| 15 Oct | 74,316 | rising | mixed | 71,293–78,677 | breakout | |
| 9 Oct | 72,472 | rising | mixed | 71,293–79,143 | breakout | |
| 1 Oct | 71,910 | rising | mixed | 71,293–79,143 | breakout | |
| 25 Sep | 73,896 | rising | mixed | 73,478–79,143 | breakout | |
| 18 Sep | 74,295 | rising | mixed | 73,981–79,143 | breakout | |
| 11 Sep | 74,782 | rising | mixed | 74,160–79,143 | breakout | |
| 4 Sep | 76,515 | rising | mixed | 75,474–79,143 | breakout | |
| 28 Aug | 77,265 | rising | mixed | 75,474–79,143 | breakout | |
| 21 Aug | 77,541 | rising | mixed | 75,474–79,143 | breakout | opposite |
| 14 Aug | 78,009 | sideways | mixed | 73,319–79,143 | breakdown | no break |
| 7 Aug | 78,499 | sideways | mixed | 73,319–79,143 | breakdown | no break |
| 31 Jul | 78,095 | sideways | mixed | 73,319–78,665 | breakout | 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