risingWeekly · close of Thu 15 Oct 2026
close
74,316
71,676 – 74,330
change
+2.11%
trend
rising
rising
higher 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
put wall 73,000low 73,319 ×1high 73,428 ×1high 74,245call wall 75,000high 75,111 ×3high 75,124 ×3low 75,268 ×30.786 76,2600.618 76,8760.5 77,3090.382 77,742break down through 75,474break down through 79,899break down through 84,150break up through 85,290break up through 83,141break down through 80,355break up through 82,718break up through 78,742break down through 75,268break down through 76,803double top confirmeddouble bottom confirmeddouble top confirmeddouble bottom confirmeddouble top confirmeddouble top confirmeddouble top confirmeddouble bottom confirmeddouble bottom confirmeddouble top confirmed74,316 close29 Nov17 Apr5 Sep23 Jan12 Jun17 Sep120 weeks

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
waytypicalone in fourone in tenin points
up0.90×1.56×2.45×1,772
down0.96×1.54×2.33×1,892

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
puts to calls (OI)
1.45
puts to calls (volume)
1.01
put OI change
+29,36,680
call OI change
+17,31,380
puts read
put writing
calls read
call buying
foreign investors
—
their futures net
—
The numbers behind the chart
Show the recordHide the record

Reference levels

CSVas of Thu 15 Oct 15:30
sidepricetouchesdistance
above75,1113about half a normal week's range away
above75,1243about half a normal week's range away
above75,2683about half a normal week's range away
below74,2450right at the level
below73,4281about half a normal week's range away
below73,3191about half a normal week's range away

Ratio levels

as of Thu 15 Oct 15:30
ratiopricekindreached
0.38277,742pullbackyes
0.577,309pullbackyes
0.61876,876pullbackyes
0.78676,260pullbackyes
1.27280,141extensionnot yet
1.41480,662extensionnot yet
1.61881,410extensionnot yet
282,812extensionnot yet

Momentum

as of Thu 15 Oct 15:30
20-bar average
75,659
50-bar average
77,436
200-bar average
73,211
oscillator (RSI 14)
42.8
trend gauge (ADX 14)
21.1

Recent range breaks

as of Thu 15 Oct 15:30
datewaylevelclosewhat followed
11 Sepdown75,47474,782stayed beyond 2 sessions
6 Mardown79,89978,919still beyond after 10 sessions
9 Jandown84,15083,576still beyond after 10 sessions
28 Novup85,29085,707back through within 1
17 Octup83,14183,952still beyond after 10 sessions
8 Augdown80,35579,858back through within 1
27 Junup82,71884,059back through within 1
25 Aprup78,74279,213still beyond after 10 sessions

Formations

as of Thu 15 Oct 15:30
shapeconfirmednecklinemeasured moveoutcome
double top21 Aug73,319—open
double bottom7 Aug78,665—open
double top24 Jul73,319—open
double bottom25 Jun79,367—open
double top20 Feb79,899—open
double top20 Feb79,899—open

The last sessions

as of Thu 15 Oct 15:30
dateclosetrendmomentumrangecompression rulesettled
15 Oct74,316risingmixed71,293–78,677breakout
9 Oct72,472risingmixed71,293–79,143breakout
1 Oct71,910risingmixed71,293–79,143breakout
25 Sep73,896risingmixed73,478–79,143breakout
18 Sep74,295risingmixed73,981–79,143breakout
11 Sep74,782risingmixed74,160–79,143breakout
4 Sep76,515risingmixed75,474–79,143breakout
28 Aug77,265risingmixed75,474–79,143breakout
21 Aug77,541risingmixed75,474–79,143breakoutopposite
14 Aug78,009sidewaysmixed73,319–79,143breakdownno break
7 Aug78,499sidewaysmixed73,319–79,143breakdownno break
31 Jul78,095sidewaysmixed73,319–78,665breakoutno 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