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NIFTY

fallingDaily · close of Fri 18 Sep 2026
NIFTYBANKNIFTYSENSEX
DailyWeeklyMonthlyHourly15-min
close
23,346
23,287 – 23,389
change
+0.33%
trend
falling
falling
lower highs and lower lows
momentum
strongly falling
normal range
189
one bar, on average
nearest above
23,426
about half a normal day's range away
nearest below
23,339
right at the level

Price, with every level the desk knows

Fri 18 Sep 2026
low 23,263 ×1low 23,263 ×1put wall 23,300high 23,339high 23,426 ×2low 23,460 ×2high 23,465 ×2call wall 24,0000.786 24,1010.618 24,1600.5 24,2020.382 24,244break down through 24,026break up through 24,367break down through 23,805break up through 24,189break up through 24,090break down through 23,263break down through 23,797break up through 23,465break down through 22,471double top confirmeddouble top confirmeddouble bottom confirmeddouble bottom confirmeddouble top confirmeddouble bottom confirmeddouble top confirmeddouble bottom confirmeddouble top confirmeddouble top confirmed23,346 close25 Mar28 Apr27 May25 Jun24 Jul21 Aug120 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.

For NIFTYnearest reference above at 23,426, about half a normal day's range away; nearest reference below at 23,339, right at the level; past reference zones have not marked reversals better than chancefalling
the range
23,116 – 24,006
tightwide
about as wide as 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
trending down
an ordinary session
How far it has tended to travel

Measured reach

waytypicalone in fourone in tenin points
up0.98×1.85×2.72×185
down0.98×1.93×3.01×186

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

Fri 18 Sep 2026
heaviest call strike
24,000
about 3 normal daily ranges away
heaviest put strike
23,300
about half a normal day's range away
puts to calls (OI)
1.15
puts to calls (volume)
1.00
put OI change
+2,55,25,500
call OI change
+1,32,87,885
puts read
put writing
calls read
call buying
foreign investors
net short the index
their futures net
−2,88,428
For NIFTYheaviest call strike 24,000; heaviest put strike 23,300; the call wall has held falling
The numbers behind the chart

Reference levels

CSV
sidepricetouchesdistance
above23,4262about half a normal day's range away
above23,4602about one normal day's range away
above23,4652about one normal day's range away
below23,3390right at the level
below23,2631about half a normal day's range away
below23,2631about half a normal day's range away

Ratio levels

ratiopricekindreached
0.38224,244pullbackyes
0.524,202pullbackyes
0.61824,160pullbackyes
0.78624,101pullbackyes
1.27224,475extensionnot yet
1.41424,525extensionnot yet
1.61824,597extensionnot yet
224,732extensionnot yet

Momentum

20-bar average
23,683
50-bar average
23,921
200-bar average
24,267
oscillator (RSI 14)
33.7
trend gauge (ADX 14)
31.8
For NIFTYmomentum reads strongly fallingfalling

Recent range breaks

datewaylevelclosewhat followed
2 Sepdown24,02623,914stayed beyond 5 sessions
31 Julup24,36724,384stayed beyond 2 sessions
24 Juldown23,80523,767back through within 1
3 Julup24,18924,271still beyond after 10 sessions
18 Junup24,09024,168still beyond after 10 sessions
8 Jundown23,26323,123stayed beyond 1 session
12 Maydown23,79723,380still beyond after 10 sessions
8 Aprup23,46523,997still beyond after 10 sessions

Formations

shapeconfirmednecklinemeasured moveoutcome
double top31 Aug23,606—open
double top31 Aug23,606—open
double bottom29 Jul24,367—open
double bottom29 Jul24,531—open
double top22 Jul23,805—open
double bottom13 Jul24,531—open

The last sessions

dateclosetrendmomentumrangecompression rulesettled
18 Sep23,346fallingstrongly falling23,116–24,006breakout
17 Sep23,271fallingstrongly falling23,116–24,025breakout
16 Sep23,218fallingstrongly falling23,116–24,025breakout
15 Sep23,119fallingstrongly falling23,119–24,143breakout
11 Sep23,398fallingstrongly falling23,231–24,143breakout
10 Sep23,478fallingstrongly falling23,380–24,188breakoutopposite
9 Sep23,432fallingstrongly falling23,432–24,297breakoutopposite
8 Sep23,635fallingfalling23,623–24,379breakoutopposite
7 Sep23,779fallingfalling23,738–24,379breakoutopposite
4 Sep23,898fallingfalling23,787–24,379breakoutopposite
3 Sep23,873fallingmixed23,787–24,379breakoutopposite
2 Sep23,914fallingmixed23,787–24,379breakoutopposite