SENSEX
risingWeekly · close of Fri 18 Sep 2026close
74,295
73,981 – 75,436
change
−0.03%
trend
rising
risinghigher highs and higher lows
momentum
mixed
normal range
1,905
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
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 75,111, about half a normal week's range away; nearest reference below at 74,245, right at the level; past reference zones have not marked reversals better than chancerising
the range
73,981 – 79,143
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 | 0.91× | 1.57× | 2.45× | 1,729 |
| down | 0.94× | 1.51× | 2.33× | 1,795 |
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
Fri 18 Sep 2026
heaviest call strike
74,500
right at the level
heaviest put strike
68,000
about 3 normal weekly ranges away
For NIFTYheaviest call strike 74,500; heaviest put strike 68,000; the call wall has held rising
The numbers behind the chart
Reference levels
| 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
| 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
For NIFTYmomentum reads mixedrising
Recent range breaks
| date | way | level | close | what followed |
|---|---|---|---|---|
| 11 Sep | down | 75,474 | 74,782 | not settled yet |
| 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
| 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
| date | close | trend | momentum | range | compression rule | settled |
|---|---|---|---|---|---|---|
| 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 | |
| 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 |
| 24 Jul | 76,060 | sideways | mixed | 73,319–78,665 | breakout | no break |
| 17 Jul | 78,151 | sideways | mixed | 73,319–78,665 | breakdown | no break |
| 10 Jul | 77,569 | sideways | mixed | 73,319–78,665 | breakdown | no break |
| 3 Jul | 77,764 | sideways | mixed | 73,319–78,385 | breakdown | no break |