SENSEX

fallingDaily · close of Fri 18 Sep 2026
close
74,295
74,295 – 74,728
change
−0.03%
trend
falling
falling
lower 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
put wall 68,000low 73,950low 74,134 ×1high 74,245 ×1call wall 74,500high 74,741high 75,111 ×2high 75,124 ×20.786 77,0720.618 77,2680.5 77,4050.382 77,542break down through 76,823break up through 78,283break down through 76,259break up through 77,492break up through 76,627break down through 74,134break down through 76,259break up through 77,636break up through 75,850break down through 72,558double top confirmeddouble bottom confirmeddouble top confirmeddouble bottom confirmeddouble bottom confirmeddouble top confirmeddouble bottom confirmeddouble top confirmeddouble bottom confirmeddouble top confirmed74,295 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 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

waytypicalone in fourone in tenin points
up1.01×1.82×2.76×643
down1.00×1.87×2.96×637

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
puts to calls (OI)
1.23
puts to calls (volume)
1.05
put OI change
+40,14,320
call OI change
+47,02,900
puts read
protective put buying
calls read
call writing
foreign investors
their futures net
For NIFTYheaviest call strike 74,500; heaviest put strike 68,000; the call wall has held falling
The numbers behind the chart

Reference levels

sidepricetouchesdistance
above74,7410about one normal day's range away
above75,1112about one normal day's range away
above75,1242about one normal day's range away
below74,2451right at the level
below74,1341about half a normal day's range away
below73,9500about half a normal day's range away

Ratio levels

ratiopricekindreached
0.38277,542pullbackyes
0.577,405pullbackyes
0.61877,268pullbackyes
0.78677,072pullbackyes
1.27278,303extensionnot yet
1.41478,469extensionnot yet
1.61878,706extensionnot yet
279,151extensionnot yet

Momentum

20-bar average
75,679
50-bar average
76,480
200-bar average
78,082
oscillator (RSI 14)
29.6
trend gauge (ADX 14)
32.2
For NIFTYmomentum reads strongly fallingfalling

Recent range breaks

datewaylevelclosewhat followed
2 Sepdown76,82376,570stayed beyond 5 sessions
3 Augup78,28378,639stayed beyond 2 sessions
24 Juldown76,25976,060back through within 1
2 Julup77,49277,502still beyond after 10 sessions
16 Junup76,62776,808still beyond after 10 sessions
8 Jundown74,13473,524stayed beyond 1 session
11 Maydown76,25976,015still beyond after 10 sessions
15 Aprup77,63678,111stayed beyond 2 sessions

Formations

shapeconfirmednecklinemeasured moveoutcome
double top31 Aug75,474open
double bottom24 Aug79,143open
double top7 Aug75,474open
double bottom29 Jul78,283open
double bottom29 Jul78,665open
double top22 Jul76,259open

The last sessions

dateclosetrendmomentumrangecompression rulesettled
18 Sep74,295fallingstrongly falling73,98176,883breakout
17 Sep74,315fallingstrongly falling73,98176,924breakout
16 Sep74,336fallingstrongly falling73,98176,924breakout
15 Sep74,004fallingstrongly falling73,99477,232breakout
11 Sep74,782fallingstrongly falling74,16077,232breakout
10 Sep74,903fallingstrongly falling74,59877,358breakout
9 Sep74,764fallingstrongly falling74,76477,695breakoutopposite
8 Sep75,578fallingfalling75,55377,987breakoutopposite
7 Sep76,133fallingfalling75,97177,987breakoutopposite
4 Sep76,515fallingfalling76,13677,987breakoutopposite
3 Sep76,153fallingfalling76,13677,987breakoutopposite
2 Sep76,570fallingmixed76,13677,987breakoutopposite