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Shunya.Trade Options Engine
India Market Post-Market Review
Volatility Index — India VIX
13.8% Low
NIFTY 50
Neutral24,052
-0.66%
Intraday
Bearish
Daily
Neutral
Weekly
Bullish
Monthly
Bearish
RSI (55.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (24,083), the tape is in distribution mode. Sellers control the structure. The oscillator at 56 reflects sustained buying interest — bulls control the momentum channel. MACD histogram negative and deepening — the momentum profile reinforces the short-side thesis. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support23,070
Resistance24,531
Moving Averages
21-day SMA24,073
50-day SMA23,831
100-day SMA23,985
200-day SMA24,837
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 55.6 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
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%) | 24,531 |
| 23.6% | 24,186 |
| 38.2% | 23,973 |
| 50.0% | 23,801 |
| 61.8% | 23,628 |
| 78.6% | 23,383 |
| Low (100.0%) | 23,070 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 24,721 |
| Ext 1.272 (Up) | 24,928 |
| Ext 1.618 (Up) | 25,434 |
| Ext 1.13 (Dn) | 22,880 |
| Ext 1.272 (Dn) | 22,673 |
| Ext 1.618 (Dn) | 22,167 |
Trade Setup
Entry
24,052
Stop Loss
23,929
Take Profit
24,298
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread79%
Sell near-term + Buy far-term (same strike)
Long Strangle63%
Buy OTM Call + Buy OTM Put
Long Straddle63%
Buy ATM Call + Buy ATM Put
BANK NIFTY
Neutral57,462
-1.15%
Intraday
Bullish
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (52.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day average at 57,769 has failed as support, transitioning into resistance. Price must reclaim it to neutralize the bearish signal. Momentum at 52 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. MACD histogram negative and deepening — the momentum profile reinforces the short-side thesis. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support52,783
Resistance58,706
Moving Averages
21-day SMA57,742
50-day SMA55,856
100-day SMA56,132
200-day SMA57,299
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 52.3 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 58,706 |
| 23.6% | 57,308 |
| 38.2% | 56,444 |
| 50.0% | 55,745 |
| 61.8% | 55,046 |
| 78.6% | 54,051 |
| Low (100.0%) | 52,783 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 59,476 |
| Ext 1.272 (Up) | 60,317 |
| Ext 1.618 (Up) | 62,366 |
| Ext 1.13 (Dn) | 52,014 |
| Ext 1.272 (Dn) | 51,172 |
| Ext 1.618 (Dn) | 49,123 |
Trade Setup
Entry
57,462
Stop Loss
57,081
Take Profit
58,224
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread79%
Sell near-term + Buy far-term (same strike)
Long Strangle64%
Buy OTM Call + Buy OTM Put
Long Straddle64%
Buy ATM Call + Buy ATM Put
Market Search Previews
Key Takeaway
Monitor FII/DII derivative flow shifts and expiry-week gamma compression for institutional-grade positioning.
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