In Advancing for ~12 weeks · since 4 May 2026stage history
Price10-week line30-week trend line252 trading days
Relative strength vs the F&O universe RS line· baseline 100
RS line and price are both at or near new highs — leadership and price are in gear.
Returns
3M
+31.1%
6M
+53.4%
9M
+33.5%
12M
+59.8%
52-week range
₹2541₹4345
+0.0% from its 52-week high
Trend-health checklist5/5
✓Price above the 30-week line
✓30-week line is rising
✓10-week line above the 30-week line
✓Price above the 10-week line
✓Strength rank 70 or higher
Extension & risk
Above 30-week line
+34.3%
Stretched
30-week line (floor)
₹3234
structural floor
Risk back to floor
-25.6%
if it returns there
10-week line
₹3791
nearer support
If price slid back to its 30-week line from here, that is -25.6% — the structural risk this far above the line. These are levels read from the price series, not a buy or sell call.
Futures positioning
Short coveringcurrent-month future · 1 days to expiry
Short covering: futures price up but open interest down — existing shorts buying back to exit. A rise driven by shorts closing, not necessarily fresh demand.
Basis (future vs cash)
-0.12%
discount · ₹4.9
Open interest
-19.3%
vs prior session
Future price
₹4161
cash ₹4166
Futures move
+1.6%
today
Read from the current-month futures contract. Around monthly expiry these reads turn noisy as positions roll to the next series. Descriptive of positioning, not a buy or sell call.
Options positioning
current-month option chain · 26 strikes near the money · 1 days to expiry
ATM implied volatility
38.2%
call 73% · put 3%
Expected move to expiry
±2.0%
~ ±₹85 (1SD)
Put/call ratio (OI)
1.18
by volume 0.91
Max pain
₹4050
ATM ₹4250
Read from the current-month option strikes around the money. Implied volatility is solved from the at-the-money call and put; the expected move is the one-standard-deviation range those prices imply to expiry. Near expiry these compress as time value decays. Descriptive of option pricing, not a buy or sell call.
The 30-week line is computed live from adjusted prices; the checklist is computed from that same series, so chart and score always agree. Educational analysis only — not a recommendation, and not investment advice.