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Shunya.Trade Options Engine
India Market Post-Market Review
Volatility Index — India VIX
13.2% Low
NIFTY 50
Strong Bearish23,217.60
+0.43%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
⚡ Smart Money Concepts (SMC) Institutional Map
Discount Zone (3.5% from 50% Eq) Market StructureMSS (Bearish) at 23,606.30
50% Equilibrium Baseline24,058.42
Bullish Order Block (+OB Demand)23,116.10
Bearish Order Block (-OB Supply)23,858.00 – 23,914.45
Fair Value Gap (FVG Imbalance)Bearish: 23,380.10 – 23,758.95
Liquidity Pools (EQH / EQL)Buy-Side Sweep (EQH): 26,357.20
SMC Institutional Order Flow Summary
Market structure leans defensive following bearish structural displacement. Recent MSS confirms institutional distribution out of the premium zone. Overhead Order Blocks continue to cap relief bounces, keeping order flow focused on lower demand pools.
Support / Resistance
Support23,116.10
Resistance24,774.30
Moving Averages
21-day SMA23,886.88
50-day SMA24,103.56
100-day SMA23,965.95
200-day SMA24,521.63
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 17.0 (Oversold), suggesting selling pressure may have exhausted and a bounce is possible.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Confluence
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 24,774.30 |
| 23.6% | 24,382.97 |
| 38.2% | 24,140.87 |
| 50.0% | 23,945.20 |
| 61.8% | 23,749.53 |
| 78.6% | 23,470.95 |
| Low (100.0%) | 23,116.10 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 24,989.87 |
| Ext 1.272 (Up) | 25,225.33 |
| Ext 1.618 (Up) | 25,799.07 |
| Ext 1.13 (Dn) | 22,900.53 |
| Ext 1.272 (Dn) | 22,665.07 |
| Ext 1.618 (Dn) | 22,091.33 |
Trade Setup
Entry
23,217.60
Stop Loss
23,336.21
Take Profit
22,980.38
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put80%
Buy OTM Put
Put Ratio Backspread80%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread77%
Buy Put + Sell lower Put
BANK NIFTY
Strong Bearish56,292.45
+0.89%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
⚡ Smart Money Concepts (SMC) Institutional Map
Premium Zone (2.9% from 50% Eq) Market StructureMSS (Bearish) at 57,001.75
50% Equilibrium Baseline54,733.88
Bullish Order Block (+OB Demand)55,026.15 – 55,110.50
Bearish Order Block (-OB Supply)57,006.45 – 57,221.10
Fair Value Gap (FVG Imbalance)Bullish: 55,600.15 – 57,119.20
Liquidity Pools (EQH / EQL)Buy-Side Sweep (EQH): 61,721.83
SMC Institutional Order Flow Summary
Market structure leans defensive following bearish structural displacement. Recent MSS confirms institutional distribution out of the premium zone. Overhead Order Blocks continue to cap relief bounces, keeping order flow focused on lower demand pools.
Support / Resistance
Support55,699.45
Resistance58,596.85
Moving Averages
21-day SMA57,155.91
50-day SMA57,375.45
100-day SMA56,519.72
200-day SMA57,345.48
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 33.7 confirms strong selling momentum, though nearing oversold territory.
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 / Confluence
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 58,596.85 |
| 23.6% | 57,913.06 |
| 38.2% | 57,490.04 |
| 50.0% | 57,148.15 |
| 61.8% | 56,806.26 |
| 78.6% | 56,319.49 |
| Low (100.0%) | 55,699.45 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 58,973.51 |
| Ext 1.272 (Up) | 59,384.94 |
| Ext 1.618 (Up) | 60,387.45 |
| Ext 1.13 (Dn) | 55,322.79 |
| Ext 1.272 (Dn) | 54,911.36 |
| Ext 1.618 (Dn) | 53,908.85 |
Trade Setup
Entry
56,292.45
Stop Loss
56,652.72
Take Profit
55,571.91
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put77%
Buy OTM Put
Put Ratio Backspread77%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread74%
Buy Put + Sell lower Put
Market Search Previews
Key Takeaway
Analyze NIFTY max pain levels against OI concentration zones — strike-level positioning reveals dealer hedging pressure.
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Explore Shunya.Trade →⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.