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Shunya.Trade Options Engine
India Market Post-Market Review
Volatility Index — India VIX
13.3% Low
NIFTY 50
Neutral23,996
-0.79%
Intraday
Bullish
Daily
Neutral
Weekly
Bullish
Monthly
Bearish
RSI (45.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Sellers have pushed through the 20-day average (24,120), signaling a deterioration in near-term structure. At 45, the momentum oscillator reinforces the bearish lean. Sellers have the edge in the near-term. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support23,070
Resistance24,531
Moving Averages
21-day SMA24,106
50-day SMA23,834
100-day SMA23,896
200-day SMA24,806
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 45.3 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%) | 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
23,996
Stop Loss
23,878
Take Profit
24,234
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread81%
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
Bearish57,127
-1.23%
Intraday
Bullish
Daily
Bearish
Weekly
Bullish
Monthly
Bearish
RSI (43.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (57,825), the tape is in distribution mode. Sellers control the structure. Momentum at 43 reflects a tape under pressure. Bulls need to push the oscillator back above 50 to shift the narrative. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support52,783
Resistance58,706
Moving Averages
21-day SMA57,794
50-day SMA56,168
100-day SMA55,942
200-day SMA57,372
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 43.4 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
Lower Highs and Lower Lows (Downtrend 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
57,127
Stop Loss
57,599
Take Profit
56,181
Risk / Reward
2.0
Sell
Top Options Strategies
Long Strangle65%
Buy OTM Call + Buy OTM Put
Long Straddle65%
Buy ATM Call + Buy ATM Put
Calendar Spread64%
Sell near-term + Buy far-term (same strike)
Market Search Previews
Key Takeaway
Monitor FII/DII derivative flow shifts and expiry-week gamma compression for institutional-grade positioning.
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