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Shunya.Trade Options Engine
India Market Pre-Market Analysis
Volatility Index — India VIX
12.2% Low
NIFTY 50
Strong Bullish24,317
+0.28%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (53.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (24,125), the short-term trend channel favours continuation higher. RSI at 53 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. On the MACD, the fast line has crossed below the signal line with a negative histogram — confirming the bearish momentum shift. Across the full 31-strategy universe, Long Call captures the highest score at 86%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support23,070
Resistance24,531
Moving Averages
21-day SMA24,128
50-day SMA23,889
100-day SMA23,817
200-day SMA24,783
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 53.5 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 spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Confluence
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
24,317
Stop Loss
24,194
Take Profit
24,564
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
BANK NIFTY
Bearish57,148
-0.10%
Intraday
Bullish
Daily
Bearish
Weekly
Bullish
Monthly
Bullish
RSI (41.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (57,516), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. The 42 reading on the momentum gauge signals persistent softness. Sellers maintain the edge until a reclaim of the 50-line. MACD histogram turns negative, adding weight to the bearish thesis. Across the full 31-strategy universe, Long Put captures the highest score at 66%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support52,836
Resistance58,706
Moving Averages
21-day SMA57,540
50-day SMA56,561
100-day SMA55,707
200-day SMA57,427
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 41.7 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 spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Confluence
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 58,706 |
| 23.6% | 57,321 |
| 38.2% | 56,464 |
| 50.0% | 55,771 |
| 61.8% | 55,078 |
| 78.6% | 54,092 |
| Low (100.0%) | 52,836 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 59,469 |
| Ext 1.272 (Up) | 60,303 |
| Ext 1.618 (Up) | 62,334 |
| Ext 1.13 (Dn) | 52,073 |
| Ext 1.272 (Dn) | 51,239 |
| Ext 1.618 (Dn) | 49,208 |
Trade Setup
Entry
57,148
Stop Loss
57,565
Take Profit
56,312
Risk / Reward
2.0
Sell
Top Options Strategies
Long Put66%
Buy OTM Put
Put Ratio Backspread66%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread63%
Buy Put + Sell lower 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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