Shunya.Trade Market Research Desk — India Post-Market Review
Closing Bell Research Wrap: Bullish Order Flow Across 4 Assets & Next-Session Order Blocks for NIFTY
Research Desk Post-Market Follow-Up — India Session Audit
The closing print on the NSE reveals constructive bullish positioning across key expiry strikes. Following up on our morning pre-market levels, today's tape resolved with 4 assets defending bullish structure and 0 remaining under seller control. NIFTY settled at 23,440.80 (+1.68%), with NIFTY (+1.68%) leading relative strength and BANKNIFTY (+0.58%) absorbing the heaviest session distribution.
What Carried Through & What Changes for Tomorrow: Today's price action respected the outer Order Block boundaries on the majority of tracked setups, with NIFTY, BANKNIFTY, SENSEX holding above structural demand while BANKNIFTY faced rejection near overhead supply. Going into the next session, watch the updated 50% Equilibrium pivots and Fair Value Gap (FVG) imbalances below — those levels define whether today's close transitions into trend continuation or a liquidity sweep reversal.
Volatility Index — India VIX
15.5% Moderate
NIFTY 50
Strong Bullish23,440.80
+1.68%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
⚡ Smart Money Concepts (SMC) Institutional Map
Discount Zone (2.6% from 50% Eq) Market StructureMSS (Bullish) at 23,175.25
50% Equilibrium Baseline24,058.42
Bullish Order Block (+OB Demand)22,372.00 – 22,742.20
Bearish Order Block (-OB Supply)23,858.00 – 23,914.45
Fair Value Gap (FVG Imbalance)Bullish: 22,961.95 – 23,207.05
Liquidity Pools (EQH / EQL)Buy-Side Sweep (EQH): 26,357.20
Research Desk Order Flow & Session Note
NIFTY 50 (23,440.80, +1.68%) maintains a constructive institutional footprint after confirming a MSS at 23,175.25, with price operating in the Discount zone (2.6% from the 24,058.42 50% Equilibrium baseline). Primary Bullish Order Block (+OB) demand is stacked between 22,372.00–22,742.20, whereas overhead supply sits near 23,858.00–23,914.45. An unmitigated Bullish Fair Value Gap (22,961.95–23,207.05) provides an additional magnet for dip-buying rebalancing. Session Follow-Up: Intraday price action respected the bullish structure; holding above 23,037.21 keeps the expansion path open toward 23,715.24 into the next session.
Support / Resistance
Support22,179.90
Resistance24,378.60
Moving Averages
21-day SMA22,741.95
50-day SMA23,242.00
100-day SMA23,690.94
200-day SMA24,027.65
Moving Average Trends
Transitional moving average posture: the 21-day SMA (22,741.95) and 50-day SMA (23,242.00) are converging relative to the 200-day baseline (24,027.65), signaling a regime inflection zone.
Momentum (RSI)
Momentum is overheated at 72. While trend can override oscillators, the statistical edge for fresh longs is diminished.
Bollinger Bands
Price is pressing above the upper Bollinger Band (23,304.83), signaling strong directional expansion — watch for shallow consolidation rather than chasing extended candles.
Trade Setup
Entry
23,440.80
Stop Loss
23,037.21
Take Profit
23,715.24
Risk / Reward
0.68
Strong Buy
Top Options Strategies
Long Call72%
Buy OTM Call
Call Ratio Backspread72%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)69%
Sell OTM Put
BANK NIFTY
Bullish55,002.20
+0.58%
Intraday
Bullish
Daily
Bullish
Weekly
Bearish
Monthly
Bearish
⚡ Smart Money Concepts (SMC) Institutional Map
Equilibrium Neutral Zone (0.5% from 50% Eq) Market StructureMSS (Bearish) at 57,001.75
50% Equilibrium Baseline54,733.88
Bullish Order Block (+OB Demand)49,910.85 – 50,487.10
Bearish Order Block (-OB Supply)57,006.45 – 57,221.10
Fair Value Gap (FVG Imbalance)Bullish: 54,440.25 – 54,580.75
Liquidity Pools (EQH / EQL)Buy-Side Sweep (EQH): 61,721.83
Research Desk Order Flow & Session Note
On the BANK NIFTY tape (55,002.20, +0.58%), overhead supply continues to cap relief bounces after a MSS at 57,001.75 around the 54,733.88 50% Equilibrium threshold. Active Bearish Order Block (-OB) supply is defending 57,006.45–57,221.10, leaving downside liquidity exposed toward the 49,910.85–50,487.10 demand zone. An open Bearish Fair Value Gap (53,777.50–55,134.45) reinforces overhead supply on relief rallies. Session Follow-Up: Sellers defended overhead supply throughout the session; staying below 54,108.88 preserves the drawdown trajectory toward 55,609.66.
Support / Resistance
Support53,626.15
Resistance58,024.95
Moving Averages
21-day SMA54,922.66
50-day SMA55,903.62
100-day SMA56,702.16
200-day SMA56,686.85
Moving Average Trends
Transitional moving average posture: the 21-day SMA (54,922.66) and 50-day SMA (55,903.62) are converging relative to the 200-day baseline (56,686.85), signaling a regime inflection zone.
Momentum (RSI)
With RSI at 51, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution.
Bollinger Bands
The bands are in a classic volatility squeeze (bandwidth 3.7%) — institutional order flow is quietly accumulating before the next directional breakout from 54,946.26.
Trade Setup
Entry
55,002.20
Stop Loss
54,108.88
Take Profit
55,609.66
Risk / Reward
0.68
Buy
Top Options Strategies
Long Call57%
Buy OTM Call
Call Ratio Backspread57%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)54%
Sell OTM Put
SENSEX
Strong Bullish75,692.78
+1.66%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
⚡ Smart Money Concepts (SMC) Institutional Map
Discount Zone (3.9% from 50% Eq) Market StructureMSS (Bullish) at 74,849.75
50% Equilibrium Baseline78,725.95
Bullish Order Block (+OB Demand)72,603.57 – 73,253.44
Bearish Order Block (-OB Supply)76,471.32 – 76,570.35
Fair Value Gap (FVG Imbalance)Bullish: 74,166.16 – 74,978.12
Liquidity Pools (EQH / EQL)Buy-Side Sweep (EQH): 85,877.61
Research Desk Order Flow & Session Note
Institutional structure on SENSEX remains upward-biased at 75,692.78 (+1.66%); recent MSS at 74,849.75 displacement confirms buyers are absorbing supply inside the Discount regime (78,725.95 midpoint). Primary Bullish Order Block (+OB) demand is stacked between 72,603.57–73,253.44, whereas overhead supply sits near 76,471.32–76,570.35. An unmitigated Bullish Fair Value Gap (74,166.16–74,978.12) provides an additional magnet for dip-buying rebalancing. Session Follow-Up: Intraday price action respected the bullish structure; holding above 74,403.00 keeps the expansion path open toward 76,569.83 into the next session.
Support / Resistance
Support71,292.88
Resistance77,986.84
Moving Averages
21-day SMA73,311.43
50-day SMA74,540.75
100-day SMA75,894.73
200-day SMA77,199.23
Moving Average Trends
Moving averages show a rotational tape between the 21-day (73,311.43) and 50-day (74,540.75) levels, highlighting why order-block boundaries take precedence over lagging trendlines here.
Momentum (RSI)
With RSI at 73, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation.
Bollinger Bands
Trading outside the upper band (75,359.87) reflects aggressive institutional repricing; trailing stops below recent structure protects gains against a snap-back.
Trade Setup
Entry
75,692.78
Stop Loss
74,403.00
Take Profit
76,569.83
Risk / Reward
0.68
Strong Buy
Top Options Strategies
Long Call72%
Buy OTM Call
Call Ratio Backspread72%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)69%
Sell OTM Put
INDIAVIX
Bullish15.50
+1.31%
Intraday
Bearish
Daily
Bullish
Weekly
Bullish
Monthly
Bearish
⚡ Smart Money Concepts (SMC) Institutional Map
Discount Zone (17.9% from 50% Eq) Market StructureBOS (Bullish) at 15.69
50% Equilibrium Baseline18.88
Bullish Order Block (+OB Demand)13.91 – 14.63
Bearish Order Block (-OB Supply)17.82 – 19.03
Fair Value Gap (FVG Imbalance)Bullish: 11.04 – 11.77
Liquidity Pools (EQH / EQL)Internal Liquidity
Research Desk Order Flow & Session Note
Desk order-flow tracking shows INDIAVIX holding firm at 15.50 (+1.31%) following a BOS at 15.69, while real-money bids continue to defend value relative to the 18.88 equilibrium pivot. Primary Bullish Order Block (+OB) demand is stacked between 13.91–14.63, whereas overhead supply sits near 17.82–19.03. An unmitigated Bullish Fair Value Gap (11.04–11.77) provides an additional magnet for dip-buying rebalancing. Session Follow-Up: Intraday price action respected the bullish structure; holding above 13.58 keeps the expansion path open toward 16.81 into the next session.
Support / Resistance
Support9.25
Resistance18.00
Moving Averages
21-day SMA15.11
50-day SMA13.14
100-day SMA12.98
200-day SMA15.07
Moving Average Trends
Transitional moving average posture: the 21-day SMA (15.1090) and 50-day SMA (13.1428) are converging relative to the 200-day baseline (15.0665), signaling a regime inflection zone.
Momentum (RSI)
Momentum holds constructive at 52 — firmly in bullish territory with room to run before the tape gets stretched.
Bollinger Bands
Holding above the Bollinger basis at 15.1415 keeps price in the bullish upper channel, with room to test the 17.1503 envelope before volatility becomes stretched.
Trade Setup
Entry
15.50
Stop Loss
13.58
Take Profit
16.81
Risk / Reward
0.68
Buy
Top Options Strategies
Long Call48%
Buy OTM Call
Call Ratio Backspread48%
Sell 1 lower Call + Buy 2 higher Calls
Long Put46%
Buy OTM Put
Market Search Previews
Research Desk Takeaway
Focus on NIFTY PCR shifts and BANKNIFTY open interest buildup near key strikes for directional cues.
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