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Shunya.Trade Options Engine
India Market Post-Market Review
Volatility Index — India VIX
13.2% Low
NIFTY 50
Strong Bullish24,086
+0.40%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (54.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 23,589, preserving the near-term bullish structure. RSI at 54 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. MACD histogram prints positive, confirming the bullish impulse leg is intact. Low-conviction tape — volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support22,543
Resistance24,602
Moving Averages
21-day SMA23,590
50-day SMA23,803
100-day SMA24,239
200-day SMA24,905
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 54.2 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 24,602 |
| 23.6% | 24,116 |
| 38.2% | 23,815 |
| 50.0% | 23,572 |
| 61.8% | 23,329 |
| 78.6% | 22,984 |
| Low (100.0%) | 22,543 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 24,869 |
| Ext 1.272 (Up) | 25,162 |
| Ext 1.618 (Up) | 25,874 |
| Ext 1.13 (Dn) | 22,275 |
| Ext 1.272 (Dn) | 21,983 |
| Ext 1.618 (Dn) | 21,271 |
Trade Setup
Entry
24,086
Stop Loss
23,909
Take Profit
24,440
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call93%
Buy OTM Call
Call Ratio Backspread93%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread90%
Buy Call + Sell higher Call
BANK NIFTY
Strong Bullish57,585
+0.50%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (72.0)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 54,966, preserving the near-term bullish structure. The momentum gauge prints 72 — historically, readings above 65 precede short-term retracements in this name. MACD histogram remains in positive territory, underpinning the current directional move. Low-conviction tape — volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support51,111
Resistance57,804
Moving Averages
21-day SMA54,892
50-day SMA55,081
100-day SMA56,487
200-day SMA56,997
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 72.0 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 57,804 |
| 23.6% | 56,225 |
| 38.2% | 55,248 |
| 50.0% | 54,458 |
| 61.8% | 53,668 |
| 78.6% | 52,543 |
| Low (100.0%) | 51,111 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 58,675 |
| Ext 1.272 (Up) | 59,625 |
| Ext 1.618 (Up) | 61,941 |
| Ext 1.13 (Dn) | 50,241 |
| Ext 1.272 (Dn) | 49,290 |
| Ext 1.618 (Dn) | 46,975 |
Trade Setup
Entry
57,585
Stop Loss
57,056
Take Profit
58,642
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call86%
Buy OTM Call
Call Ratio Backspread86%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread83%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Cross-reference India VIX term structure with OTM skew to gauge institutional risk appetite before deploying directional trades.
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