SENSEX
fallingDaily · close of Fri 18 Sep 2026close
74,295
74,295 – 74,728
change
−0.03%
trend
falling
fallinglower highs and lower lows
momentum
strongly falling
normal range
639
one bar, on average
nearest above
74,741
about one normal day's range away
nearest below
74,245
right at the level
Price, with every level the desk knows
Fri 18 Sep 2026
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 74,741, about one normal day's range away; nearest reference below at 74,245, right at the level; past reference zones have not marked reversals better than chancefalling
the range
73,981 – 76,883
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
| way | typical | one in four | one in ten | in points |
|---|---|---|---|---|
| up | 1.01× | 1.82× | 2.76× | 643 |
| down | 1.00× | 1.87× | 2.96× | 637 |
over the next five sessions, the typical move has been about 1.0× a normal day's range; one in ten went beyond 2.8× — from 750 past periods.
The option chain and the hedge
Fri 18 Sep 2026
heaviest call strike
74,500
about half a normal day's range away
heaviest put strike
68,000
about 10 normal daily ranges away
For NIFTYheaviest call strike 74,500; heaviest put strike 68,000; the call wall has held falling
The numbers behind the chart
Reference levels
| side | price | touches | distance |
|---|---|---|---|
| above | 74,741 | 0 | about one normal day's range away |
| above | 75,111 | 2 | about one normal day's range away |
| above | 75,124 | 2 | about one normal day's range away |
| below | 74,245 | 1 | right at the level |
| below | 74,134 | 1 | about half a normal day's range away |
| below | 73,950 | 0 | about half a normal day's range away |
Ratio levels
| ratio | price | kind | reached |
|---|---|---|---|
| 0.382 | 77,542 | pullback | yes |
| 0.5 | 77,405 | pullback | yes |
| 0.618 | 77,268 | pullback | yes |
| 0.786 | 77,072 | pullback | yes |
| 1.272 | 78,303 | extension | not yet |
| 1.414 | 78,469 | extension | not yet |
| 1.618 | 78,706 | extension | not yet |
| 2 | 79,151 | extension | not yet |
Momentum
For NIFTYmomentum reads strongly fallingfalling
Recent range breaks
| date | way | level | close | what followed |
|---|---|---|---|---|
| 2 Sep | down | 76,823 | 76,570 | stayed beyond 5 sessions |
| 3 Aug | up | 78,283 | 78,639 | stayed beyond 2 sessions |
| 24 Jul | down | 76,259 | 76,060 | back through within 1 |
| 2 Jul | up | 77,492 | 77,502 | still beyond after 10 sessions |
| 16 Jun | up | 76,627 | 76,808 | still beyond after 10 sessions |
| 8 Jun | down | 74,134 | 73,524 | stayed beyond 1 session |
| 11 May | down | 76,259 | 76,015 | still beyond after 10 sessions |
| 15 Apr | up | 77,636 | 78,111 | stayed beyond 2 sessions |
Formations
| shape | confirmed | neckline | measured move | outcome |
|---|---|---|---|---|
| double top | 31 Aug | 75,474 | — | open |
| double bottom | 24 Aug | 79,143 | — | open |
| double top | 7 Aug | 75,474 | — | open |
| double bottom | 29 Jul | 78,283 | — | open |
| double bottom | 29 Jul | 78,665 | — | open |
| double top | 22 Jul | 76,259 | — | open |
The last sessions
| date | close | trend | momentum | range | compression rule | settled |
|---|---|---|---|---|---|---|
| 18 Sep | 74,295 | falling | strongly falling | 73,981–76,883 | breakout | |
| 17 Sep | 74,315 | falling | strongly falling | 73,981–76,924 | breakout | |
| 16 Sep | 74,336 | falling | strongly falling | 73,981–76,924 | breakout | |
| 15 Sep | 74,004 | falling | strongly falling | 73,994–77,232 | breakout | |
| 11 Sep | 74,782 | falling | strongly falling | 74,160–77,232 | breakout | |
| 10 Sep | 74,903 | falling | strongly falling | 74,598–77,358 | breakout | |
| 9 Sep | 74,764 | falling | strongly falling | 74,764–77,695 | breakout | opposite |
| 8 Sep | 75,578 | falling | falling | 75,553–77,987 | breakout | opposite |
| 7 Sep | 76,133 | falling | falling | 75,971–77,987 | breakout | opposite |
| 4 Sep | 76,515 | falling | falling | 76,136–77,987 | breakout | opposite |
| 3 Sep | 76,153 | falling | falling | 76,136–77,987 | breakout | opposite |
| 2 Sep | 76,570 | falling | mixed | 76,136–77,987 | breakout | opposite |