LIVE
Short-covering setup forming
Macro setup is challenging
Rotation: into Pharma, out of Media
Smart-Money Flow Tracker for Indian Markets live FII / DII positioning, F&O OI buildup, bulk deals & option chain · session 2026-08-26 · vs 2026-08-25
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Stock Heatmap NIFTY 500 universe · sized by traded value · click any cell for details
HDFCBANK
-1.82%
ETERNAL
-2.53%
BHARTIARTL
+0.17%
ICICIBANK
+0.97%
INFY
-1.25%
INDIACEM
+0.59%
RELIANCE
-2.03%
INDHOTEL
+3.89%
KEI
-8.45%
AXISBANK
+0.17%
TCS
-0.87%
BAJFINANCE
+1.74%
LT
+0.06%
DIVISLAB
-0.30%
WIPRO
+0.66%
TTML
+18.56%
TECHM
-0.31%
KOTAKBANK
-0.18%
CHENNPETRO
+1.06%
CUPID
-6.07%
COFORGE
-2.16%
NETWEB
-0.03%
BHEL
-2.75%
BSE
+0.51%
IDEA
-0.95%
POWERINDIA
-3.62%
SWIGGY
-5.48%
LTTS
-1.04%
SBIN
+0.73%
BPCL
-0.36%
HCLTECH
-0.18%
M&M
-0.86%
UNIONBANK
+0.47%
MARUTI
-0.27%
SRF
+1.11%
HAL
+0.42%
PERSISTENT
-2.01%
DMART
-2.61%
LICI
-1.16%
ITC
-1.18%
TRENT
-1.64%
SHRIRAMFIN
-0.45%
HINDZINC
-1.33%
M&MFIN
-3.31%
PNB
+0.00%
PAYTM
-0.51%
DRREDDY
-0.44%
KAYNES
+4.07%
MCX
+0.86%
MAZDOCK
-3.76%
DIXON
-0.81%
HINDALCO
-0.81%
APOLLOHOSP
+0.06%
SUNPHARMA
+0.74%
LAURUSLABS
-0.50%
ADANIENSOL
-2.16%
BEL
-1.80%
POLICYBZR
+2.97%
INDUSTOWER
+0.75%
EICHERMOT
-1.20%
TATASTEEL
-0.07%
ADANIPORTS
+0.07%
WELCORP
-4.73%
CGCL
-0.57%
GRSE
-3.37%
FEDERALBNK
+1.10%
HINDCOPPER
-1.97%
COALINDIA
-1.21%
IGIL
+10.00%
FRACTAL
-4.26%
PFC
-0.46%
MEESHO
+0.98%
SOLARINDS
-1.29%
HDFCAMC
-1.65%
CUMMINSIND
+0.45%
TMPV
-2.07%
HSCL
-3.03%
ADANIENT
-1.72%
POLYCAB
-1.28%
CANBK
+0.28%
HEROMOTOCO
-0.49%
ADANIPOWER
-0.97%
OFSS
-4.09%
ABB
-1.45%
MAXHEALTH
-0.35%
TVSMOTOR
-0.47%
NESTLEIND
-2.78%
BHARATFORG
-1.86%
BAJAJ-AUTO
+0.82%
NTPC
-0.13%
JIOFIN
-0.28%
KALYANKJIL
-4.78%
REDINGTON
+1.54%
VEDL
-0.84%
VAML
+1.01%
INDIGO
-0.89%
NYKAA
-2.37%
HAVELLS
+0.13%
HBLENGINE
-0.27%
HYUNDAI
-2.49%
ONGC
-0.27%
YESBANK
-2.19%
APARINDS
-2.70%
ADANIGREEN
-0.68%
BAJAJFINSV
-0.71%
ATHERENERG
-1.51%
GROWW
-1.81%
AMBUJACEM
+0.86%
LTM
-0.56%
SUZLON
-2.11%
FINCABLES
-5.20%
SAIL
+0.15%
TMCV
-0.78%
TATAELXSI
-0.05%
ULTRACEMCO
+1.00%
TITAN
-0.71%
HINDUNILVR
-1.18%
SYRMA
+1.53%
GVT&D
-1.94%
AUBANK
-0.01%
AUROPHARMA
+2.03%
CHOLAFIN
+0.07%
VBL
-1.86%
SBILIFE
-1.09%
POWERGRID
-1.49%
WAAREEENER
-3.46%
MUTHOOTFIN
-3.00%
JSWSTEEL
-0.24%
DLF
-0.11%
OLAELEC
-3.36%
VMM
-2.23%
BANKBARODA
-0.40%
BALKRISIND
+3.46%
ZYDUSLIFE
+1.58%
J&KBANK
-0.31%
TDPOWERSYS
-2.31%
BAJAJHLDNG
+2.90%
IIFL
-2.87%
MANKIND
-0.43%
MPHASIS
-2.93%
SONACOMS
-0.13%
MOTHERSON
-1.67%
ASHOKLEY
-0.48%
LUPIN
-2.14%
PIRAMALFIN
-3.32%
LENSKART
+0.46%
SAGILITY
+2.21%
AZAD
+0.67%
CGPOWER
-0.48%
TIINDIA
-0.66%
PINELABS
+1.99%
APLAPOLLO
-0.70%
NAUKRI
-1.43%
RADICO
-3.55%
TARIL
-1.83%
GLENMARK
+0.20%
PVRINOX
+0.14%
MTARTECH
-1.90%
NAM-INDIA
-2.40%
RECLTD
-0.46%
DELHIVERY
+0.23%
NATIONALUM
-0.42%
COCHINSHIP
-0.27%
MFSL
-2.53%
KARURVYSYA
-1.00%
IFCI
-2.98%
GESHIP
+0.82%
DATAPATTNS
-0.39%
SAMMAANCAP
-2.79%
ABCAPITAL
-2.67%
BRITANNIA
-1.25%
INDUSINDBK
+0.11%
TATAPOWER
+0.43%
FORCEMOT
-0.69%
MRPL
-0.94%
UJJIVANSFB
+2.55%
CREDITACC
-4.72%
IDFCFIRSTB
-0.23%
BBOX
-1.32%
ASIANPAINT
-1.49%
PHOENIXLTD
+1.89%
ACUTAAS
+2.00%
ANGELONE
-0.67%
BANKINDIA
-1.33%
LLOYDSME
+0.44%
MARICO
-0.08%
GLAND
-2.88%
ANANDRATHI
+1.05%
TORNTPHARM
+1.35%
CROMPTON
+0.16%
GAIL
+0.77%
INDIANB
-0.38%
HINDPETRO
-1.87%
ZEEL
-5.39%
RRKABEL
-2.78%
LODHA
-0.85%
PFOCUS
-1.54%
FORTIS
-0.32%
MAHABANK
-0.71%
ENRIN
-1.06%
JINDALSTEL
+0.88%
CEMPRO
-3.11%
IOC
+1.06%
BANDHANBNK
-0.41%
CIPLA
+1.29%
RBLBANK
+0.61%
WOCKPHARMA
-1.16%
CDSL
-0.99%
LTF
-0.61%
PATANJALI
-0.57%
TRITURBINE
-1.49%
JINDALSAW
-7.69%
KFINTECH
-0.75%
CPPLUS
+0.01%
ICICIAMC
+0.14%
TATACAP
-1.23%
JPPOWER
-2.44%
MANAPPURAM
+0.10%
CRISIL
+4.16%
ZENSARTECH
-1.60%
CHOICEIN
+0.01%
NEULANDLAB
-0.21%
GODREJPROP
+0.04%
TATACOMM
-0.55%
URBANCO
+1.43%
JSWINFRA
+0.33%
KPITTECH
-1.28%
AMBER
-2.52%
PWL
-0.73%
GALLANTT
-5.56%
ASTRAL
-0.67%
GMRAIRPORT
-0.16%
PIDILITIND
-0.25%
BIOCON
-1.40%
NMDC
-1.03%
NAVINFLUOR
-0.85%
EXIDEIND
-4.02%
TATACONSUM
-1.12%
IRFC
+0.26%
CASTROLIND
+0.61%
ANANTRAJ
-2.00%
SANSERA
+0.83%
LALPATHLAB
+0.41%
BALRAMCHIN
-3.85%
MEDANTA
-2.78%
UPL
-0.08%
GODREJCP
+0.14%
IPCALAB
-0.80%
VEDPOWER
-2.61%
GRASIM
+0.18%
TEJASNET
-0.67%
MOTILALOFS
-0.81%
IDBI
-0.80%
COLPAL
-2.03%
360ONE
+0.87%
BDL
-1.64%
SCI
-3.21%
RVNL
-0.65%
LGEINDIA
-0.69%
ITCHOTELS
+3.62%
CAMS
-1.38%
UNITDSPR
-0.91%
CRAFTSMAN
+0.08%
KIRLOSENG
-2.08%
PPLPHARMA
+1.99%
BLUESTARCO
+0.68%
NATCOPHARM
+0.09%
SBICARD
+1.50%
ICICIPRULI
-0.12%
VOLTAS
-0.93%
SUPREMEIND
-1.77%
PREMIERENE
-1.95%
POONAWALLA
-1.11%
PETRONET
-1.56%
BSOFT
-0.55%
WELSPUNLIV
+0.90%
CYIENT
-2.22%
SIEMENS
-1.15%
ENGINERSIN
-3.33%
NUVAMA
-1.55%
PTCIL
-1.47%
NHPC
-0.37%
SOBHA
-1.30%
HDFCLIFE
-2.09%
ICICIGI
-0.43%
AETHER
-0.86%
HDBFS
-0.43%
FSL
+1.81%
BOSCHLTD
-0.97%
EMMVEE
-2.31%
TATATECH
-0.40%
JUBLFOOD
-0.02%
AEGISLOG
-1.43%
RPOWER
-1.27%
ANURAS
+0.46%
EMAMILTD
+0.03%
CARTRADE
-4.00%
TITAGARH
-2.15%
BEML
+1.03%
SHYAMMETL
+0.37%
IREDA
-0.96%
AARTIIND
-4.97%
DABUR
-2.92%
JYOTICNC
+1.01%
ACMESOLAR
-3.64%
JSWENERGY
-2.33%
KIMS
-0.82%
PGEL
-0.55%
GRANULES
+1.16%
HEXT
-2.17%
BELRISE
-2.13%
OIL
+0.64%
GODFRYPHLP
-2.03%
Futures Heatmap F&O stocks · sized by futures traded value · coloured by OI buildup class
HDFCBANK
-1.50%
AXISBANK
-0.09%
ICICIBANK
+0.58%
RELIANCE
-1.33%
BHARTIARTL
+1.08%
SBIN
+0.63%
ETERNAL
-2.74%
KOTAKBANK
-0.14%
BAJFINANCE
+1.78%
IDEA
-0.86%
LAURUSLABS
-0.03%
TCS
-0.47%
INFY
-1.00%
HINDALCO
-0.07%
TATASTEEL
-0.06%
BHEL
-3.25%
WIPRO
+0.61%
JSWSTEEL
+0.29%
DIXON
-0.59%
ADANIENSOL
-2.70%
DIVISLAB
+0.28%
BSE
+0.23%
LT
+0.83%
INDIGO
-0.16%
HCLTECH
+0.48%
INDHOTEL
+4.34%
INDUSTOWER
+1.19%
M&M
-0.29%
ITC
-1.05%
SUNPHARMA
+0.85%
PERSISTENT
-1.82%
ADANIPOWER
-1.07%
AMBUJACEM
+3.15%
JIOFIN
-0.36%
FEDERALBNK
+1.03%
TECHM
-1.33%
TRENT
-1.61%
INDUSINDBK
+0.15%
APLAPOLLO
-0.77%
COFORGE
-2.67%
BANKBARODA
-0.19%
COALINDIA
-0.54%
GLENMARK
+0.49%
ADANIENT
-1.45%
VBL
-1.84%
PNB
+0.01%
CUMMINSIND
+0.16%
HEROMOTOCO
+0.42%
TVSMOTOR
-0.06%
HAVELLS
+0.42%
DRREDDY
-0.14%
KEI
-8.45%
LTM
-0.88%
EICHERMOT
-0.96%
DLF
+0.17%
ADANIGREEN
-0.77%
AUBANK
-0.22%
SWIGGY
-5.68%
SOLARINDS
-0.73%
CANBK
-0.05%
DMART
-1.98%
RBLBANK
+0.71%
BAJAJ-AUTO
+1.15%
WAAREEENER
-2.33%
NAUKRI
-0.39%
ULTRACEMCO
+0.83%
GRASIM
+0.48%
POWERGRID
-0.38%
MARUTI
-0.47%
BEL
-0.77%
UNIONBANK
+0.21%
MCX
+0.06%
ADANIPORTS
+0.59%
SAIL
+0.20%
MOTHERSON
-1.70%
PAYTM
-0.34%
SRF
+2.13%
CHOLAFIN
+0.30%
POLICYBZR
+1.87%
HAL
+0.70%
MUTHOOTFIN
-2.43%
IDFCFIRSTB
-0.15%
SUZLON
-1.53%
AUROPHARMA
+1.60%
HINDUNILVR
-1.28%
OFSS
-3.53%
TITAN
-0.78%
HDFCAMC
-0.75%
TMPV
-1.59%
POWERINDIA
-3.72%
SONACOMS
+0.39%
TATAPOWER
+0.67%
SBILIFE
-0.79%
LTF
-0.14%
ABCAPITAL
-2.25%
SHRIRAMFIN
-0.47%
BHARATFORG
-1.21%
HYUNDAI
-1.92%
HINDPETRO
-0.89%
NESTLEIND
-2.37%
TATACONSUM
-1.27%
MAZDOCK
-3.95%
PREMIERENE
-1.29%
JINDALSTEL
+0.92%
CROMPTON
-0.06%
YESBANK
-1.16%
UPL
+0.08%
BANDHANBNK
-0.09%
MANAPPURAM
+0.45%
BIOCON
-0.77%
CGPOWER
-0.65%
LUPIN
-1.02%
KAYNES
+5.29%
PFC
-0.55%
NYKAA
-1.09%
IOC
+0.19%
ZYDUSLIFE
+1.95%
APOLLOHOSP
+0.28%
POLYCAB
-1.66%
HDFCLIFE
-1.74%
MPHASIS
-2.51%
ABB
-1.36%
BPCL
+0.10%
NTPC
-0.21%
SIEMENS
-1.91%
JSWENERGY
-1.95%
BAJAJFINSV
+0.14%
GMRAIRPORT
-0.22%
LICHSGFIN
-0.99%
ASHOKLEY
+0.35%
NAM-INDIA
-3.42%
BRITANNIA
-1.19%
ANGELONE
+0.10%
GAIL
+0.25%
CIPLA
+1.34%
MARICO
-0.72%
MAXHEALTH
-0.06%
TORNTPHARM
+1.39%
ICICIPRULI
-0.46%
LICI
-0.75%
ONGC
+0.32%
NHPC
-0.11%
HINDZINC
-1.93%
SBICARD
+1.73%
PNBHOUSING
-1.14%
AMBER
-1.74%
ASIANPAINT
-0.68%
DELHIVERY
-0.04%
BLUESTARCO
+1.00%
PIIND
-0.99%
TATAELXSI
+0.11%
UNOMINDA
+0.39%
PRESTIGE
-1.63%
ICICIGI
-0.54%
NATIONALUM
-0.42%
GODREJPROP
+0.38%
PAGEIND
-1.36%
RECLTD
+0.55%
ANANDRATHI
+1.56%
IREDA
-0.54%
ATHERENERG
-0.14%
DABUR
-1.61%
VOLTAS
-0.16%
VEDL
-1.25%
INDIANB
-0.10%
KALYANKJIL
-4.38%
CDSL
-0.78%
BOSCHLTD
-0.12%
GVT&D
-0.98%
PATANJALI
-0.58%
GODREJCP
+0.33%
PHOENIXLTD
+1.89%
FORTIS
-0.16%
MANKIND
+0.40%
ASTRAL
-0.38%
MFSL
-2.13%
UNITDSPR
-0.83%
SHREECEM
-0.02%
COLPAL
-2.04%
JUBLFOOD
+0.41%
IRFC
+0.38%
TIINDIA
-0.61%
PIDILITIND
+0.58%
PETRONET
-0.93%
OIL
+0.81%
OBEROIRLTY
-1.26%
RVNL
-0.07%
LODHA
-0.30%
VMM
-2.24%
FORCEMOT
-0.75%
BANKINDIA
+0.28%
CONCOR
-0.89%
BDL
-1.27%
CAMS
-1.06%
ALKEM
+0.28%
360ONE
+1.38%
KFINTECH
-0.77%
SUPREMEIND
-1.18%
NMDC
-1.11%
RADICO
-2.55%
COCHINSHIP
-0.27%
MOTILALOFS
-1.05%
INOXWIND
-1.08%
KPITTECH
-1.18%
SAGILITY
+2.13%
NBCC
-1.32%
PGEL
-0.83%
IEX
+1.22%
UJJIVANSFB
+0.36%
MAHABANK
-0.62%
GODFRYPHLP
-1.88%
Long Buildup
Short Covering
Short Buildup
Long Unwinding
Neutral
Stocks in Play last session's positioning · click any card for full detail
TTML
+18.56%
INSTITUTIONAL FLOW
Live
Volume spike 12.8x
At day's high
vs NIFTY -1.11%
Above VWAP +6.29%
Today's deal
Other SELL ₹36 Cr
Day Low
₹31.65
Day High
₹38.47
Prev Close
₹32.06
Pivot
₹34.06
Holding near day's high ₹38.47. Sustained close above this signals upside continuation; rejection back below ₹32.06 (prev close) flips the move bearish.
IGIL
+10.00%
BREAKOUT
Live
Volume spike 4.3x
At day's high
Gap-and-hold +5.6%
vs NIFTY -1.11%
Above VWAP +0.72%
Day Low
₹333.70
Day High
₹353.20
Prev Close
₹321.10
Pivot
₹336.00
Holding near day's high ₹353.20. Sustained close above this signals upside continuation; rejection back below ₹321.10 (prev close) flips the move bearish.
KAYNES
+4.07%
BREAKOUT
Live
Volume spike 5.5x
At day's high
vs NIFTY -1.11%
Futures premium +0.72%
Above VWAP +1.14%
Context
Short Covering (last close)
Day Low
₹3130.00
Day High
₹3307.70
Prev Close
₹3165.10
Call OI ↑
₹3600
Put OI ↓
₹3600
Pivot
₹3200.93
Holding near day's high ₹3,307.70. Sustained close above this signals upside continuation; rejection back below ₹3,165.10 (prev close) flips the move bearish.
SAGILITY
+2.21%
GAP-AND-HOLD
Live
At day's high
Gap-and-hold +1.3%
vs NIFTY -1.11%
Above VWAP +1.16%
Context
Long Buildup (last close)
Day Low
₹43.85
Day High
₹45.65
Prev Close
₹44.41
Call OI ↑
₹50
Put OI ↓
₹45
Pivot
₹44.64
Holding near day's high ₹45.65. Sustained close above this signals upside continuation; rejection back below ₹44.41 (prev close) flips the move bearish.
INDHOTEL
+3.89%
GAP-AND-HOLD
Live
Volume spike 26.5x
Gap-and-hold +1.3%
vs NIFTY -1.11%
Context
Short Covering (last close)
Day Low
₹747.95
Day High
₹794.65
Prev Close
₹753.00
Call OI ↑
₹800
Put OI ↓
₹760
Pivot
₹765.20
Trading above prev close ₹753.00 but well below day's high ₹794.65. Break above the high confirms momentum; failure means revert to the open.
BAJFINANCE
+1.74%
BREAKOUT
Live
Volume spike 16.1x
At day's high
vs NIFTY -1.11%
Above VWAP +1.08%
Context
Short Covering (last close)
Day Low
₹907.40
Day High
₹942.10
Prev Close
₹926.00
Call OI ↑
₹1000
Put OI ↓
₹930
Pivot
₹925.17
Holding near day's high ₹942.10. Sustained close above this signals upside continuation; rejection back below ₹926.00 (prev close) flips the move bearish.
JINDALSAW
-7.69%
GAP-AND-HOLD
Live
At day's low
Gap-and-hold -1.5%
Below VWAP -1.75%
Day Low
₹247.25
Day High
₹266.40
Prev Close
₹270.40
Pivot
₹261.35
Pressing day's low ₹247.25. Sustained break below this signals downside continuation; bounce above ₹270.40 (prev close) suggests the dip is being absorbed.
SWIGGY
-5.48%
GAP-AND-HOLD
Live
Volume spike 9.2x
Gap-and-hold -1.4%
Below VWAP -0.41%
Context
Short Buildup (last close)
Day Low
₹207.70
Day High
₹221.10
Prev Close
₹223.65
Call OI ↑
₹260
Put OI ↓
₹240
Pivot
₹217.48
Trading below prev close ₹223.65 but above day's low ₹207.70. Break below the low confirms downside; recovery above prev close means the sell-off was a fake-out.
KEI
-8.45%
GAP-AND-HOLD
Live
Volume spike 21.4x
Gap-and-hold -3.1%
Below VWAP -0.36%
Day Low
₹3744.80
Day High
₹4099.80
Prev Close
₹4230.40
Call OI ↑
₹4300
Put OI ↓
₹4500
Pivot
₹4025.00
Trading below prev close ₹4,230.40 but above day's low ₹3,744.80. Break below the low confirms downside; recovery above prev close means the sell-off was a fake-out.
KALYANKJIL
-4.78%
BREAKDOWN
Live
Volume spike 3.7x
At day's low
Below VWAP -1.41%
Context
Short Buildup (last close)
Day Low
₹530.00
Day High
₹558.10
Prev Close
₹557.00
Call OI ↑
₹600
Put OI ↓
₹530
Pivot
₹548.37
Pressing day's low ₹530.00. Sustained break below this signals downside continuation; bounce above ₹557.00 (prev close) suggests the dip is being absorbed.
Market Pulse indices live · 23 Oct 04:52 IST · cash flows at session close 26 Aug
Nifty 50
22,888.95
-1.11%
BankNifty
55,488.10
-0.64%
FII Cash
₹ +503
Cr net buyer · 26 Aug
DII Cash
₹ +6425
Cr net buyer · 26 Aug
India VIX
14.77
+5.05%
Top Nifty Contributors stocks moving the index most today (weighted)
What do these signals mean together?
Smart Money Take interpretation, not just data
Short-covering setup forming
FIIs hold a heavy net-short futures position (-78%) but have reduced shorts for 2 sessions running. This is the early shape of a short-covering rally — sellers stepping back, not yet committed buyers.
What to watch:A clean break of yesterday's high on rising volume usually accelerates covering. If covering stalls and shorts reload, downside resumes — watch the FII futures number on tonight's close.
Macro setup is challenging
Multiple pressure points stack: US weak (S&P -0.6%), crude up +2.0%. FIIs typically de-risk on this combination.
What to watch:Defensive sectors (FMCG, Pharma) often outperform on these days. Avoid commodity-importers and FII-heavy mid/smallcap names. If India VIX is also rising, the move can extend; if VIX is calm, expect a shallow pullback.
Rotation: into Pharma, out of Media
Pharma +0.1% while Media -2.4% — a 2.5pp intra-sector spread is wide enough to signal active rotation rather than broad-market drift.
What to watch:If the spread persists 2-3 sessions, a pair-trade (long Pharma, hedged against Media) becomes attractive. Single-sector bets are riskier on rotation days because index-level direction is muted.
Expiry in 1 day — different rules apply
With FIIs heavy short on futures going into expiry, expect option writers to defend high-OI strikes. Max-pain becomes a magnet, theta accelerates, and intraday moves get whippier than they look.
What to watch:Avoid carrying directional option longs through expiry without strong conviction — they bleed fast. Cash trades on the underlying indices are cleaner this week than option spreads.
Why is it pricing this way?
Overnight Setup global & macro backdrop
Overnight Global Cues
Risk-off overnight
S&P -0.64% · Nikkei -1.30%
Macro Backdrop
Crude / USDINR
Crude $99.1 (+2.0%) · USDINR 94.31 (-0.43%)
Where is money moving today?
Sector Money Flow based on sector-index momentum
↑Money flowing IN
Pharma
+0.12%
PSU Banks
+0.07%
↓Money flowing OUT
Media
-2.35%
FMCG
-1.41%
IT
-1.05%
Energy
-1.05%
Auto
-0.73%
Metal
-0.52%
Infra
-0.49%
Realty
-0.30%
Fin Services
-0.14%
Banks
-0.09%
Gold
4,041.0
-2.63%
Silver
54.6
-4.84%
Copper
6.4
-2.15%
Crude
99.1
+1.98%
USDINR
94.31
-0.43%
10Y UST
4.95%
-3.21%
What are derivative traders doing?
NIFTY Option Chain nearest expiry 2026-10-27 · spot 22,688 · EOD 2026-10-22
Writers expect Nifty between
22,000 and
24,000
this week —
+5.8% upside,
-3.0% downside.
upside-skewed
| Call OI (writers) | Strike | Put OI (writers) |
|---|---|---|
|
IV 16%
Δ 0.92
θ -9.8
ν 4
|
22100 |
IV 16%
Δ -0.08
θ -5.9
ν 4
|
|
IV 16%
Δ 0.91
θ -10.5
ν 4
|
22150 |
IV 16%
Δ -0.09
θ -6.5
ν 4
|
|
IV 16%
Δ 0.89
θ -11.3
ν 5
|
22200 |
IV 16%
Δ -0.11
θ -7.3
ν 5
|
|
IV 16%
Δ 0.87
θ -12.2
ν 6
|
22250 |
IV 16%
Δ -0.13
θ -8.2
ν 6
|
|
IV 15%
Δ 0.85
θ -13.0
ν 6
|
22300 |
IV 15%
Δ -0.15
θ -9.0
ν 6
|
|
IV 15%
Δ 0.82
θ -13.9
ν 7
|
22350 |
IV 15%
Δ -0.18
θ -9.9
ν 7
|
|
IV 15%
Δ 0.79
θ -14.7
ν 8
|
22400 |
IV 15%
Δ -0.21
θ -10.7
ν 8
|
|
IV 15%
Δ 0.75
θ -15.5
ν 8
|
22450 |
IV 15%
Δ -0.25
θ -11.5
ν 8
|
|
IV 15%
Δ 0.71
θ -16.2
ν 9
|
22500 |
IV 15%
Δ -0.29
θ -12.2
ν 9
|
|
IV 15%
Δ 0.66
θ -16.7
ν 10
|
22550 |
IV 15%
Δ -0.34
θ -12.7
ν 10
|
|
IV 14%
Δ 0.62
θ -17.0
ν 10
|
22600 |
IV 14%
Δ -0.38
θ -13.0
ν 10
|
|
IV 14%
Δ 0.57
θ -17.2
ν 10
|
22650 |
IV 14%
Δ -0.43
θ -13.1
ν 10
|
|
IV 14%
Δ 0.51
θ -17.1
ν 11
|
22700 |
IV 14%
Δ -0.49
θ -13.0
ν 11
|
|
IV 14%
Δ 0.46
θ -16.7
ν 11
|
22750 |
IV 14%
Δ -0.54
θ -12.6
ν 11
|
|
IV 14%
Δ 0.41
θ -16.0
ν 10
|
22800 |
IV 14%
Δ -0.59
θ -11.9
ν 10
|
|
IV 14%
Δ 0.36
θ -15.2
ν 10
|
22850 MP |
IV 14%
Δ -0.64
θ -11.2
ν 10
|
|
IV 14%
Δ 0.31
θ -14.3
ν 9
|
22900 |
IV 14%
Δ -0.69
θ -10.2
ν 9
|
|
IV 14%
Δ 0.26
θ -13.2
ν 9
|
22950 |
IV 14%
Δ -0.74
θ -9.1
ν 9
|
|
IV 14%
Δ 0.22
θ -12.0
ν 8
|
23000 |
IV 14%
Δ -0.78
θ -8.0
ν 8
|
|
IV 14%
Δ 0.19
θ -10.9
ν 7
|
23050 |
IV 14%
Δ -0.81
θ -6.8
ν 7
|
|
IV 14%
Δ 0.16
θ -9.7
ν 6
|
23100 |
IV 14%
Δ -0.84
θ -5.6
ν 6
|
|
IV 14%
Δ 0.13
θ -8.7
ν 6
|
23150 |
IV 14%
Δ -0.87
θ -4.5
ν 6
|
|
IV 15%
Δ 0.11
θ -7.6
ν 5
|
23200 |
IV 15%
Δ -0.89
θ -3.5
ν 5
|
|
IV 15%
Δ 0.09
θ -6.7
ν 4
|
23250 |
IV 15%
Δ -0.91
θ -2.5
ν 4
|
|
IV 15%
Δ 0.07
θ -5.8
ν 4
|
23300 |
IV 15%
Δ -0.93
θ -1.7
ν 4
|
What this tells you
Spot
22,688
Resistance (R)
24,000
Support (S)
22,000
Max Pain (MP)
22,850
Highest call-OI strike = where writers expect resistance.
Highest put-OI strike = where writers expect support.
Max-pain magnet pulls strongest in expiry week.
Strategy Builder multi-leg payoff for NIFTY options · 2026-10-27 expiry
Legs
Side
Type
Strike
Qty
Premium
Net premium—
Max profit—
Max loss—
Breakevens—
Position Delta—
Position Theta/day—
Position Vega/1% IV—
Payoff at expiry
F&O OI Buildup stock futures · total OI across all expiries · 2026-10-22
Long Buildup
price up + OI up — fresh longs added
Short Covering
price up + OI down — shorts closing
Short Buildup
price down + OI up — fresh shorts added
Long Unwinding
price down + OI down — longs closing
Futures Basis Screener premium/discount of nearest-expiry futures to spot
↑ Premium · futures trading above spot
| Symbol | Spot | Future | Basis % |
|---|---|---|---|
| AMBUJACEM | 362.83 | 371.15 | +2.29% |
| LT | 3,616.83 | 3,657.40 | +1.12% |
| RELIANCE | 1,180.43 | 1,190.90 | +0.89% |
| AMBER | 6,180.15 | 6,229.00 | +0.79% |
| KAYNES | 3,293.05 | 3,316.90 | +0.72% |
| YESBANK | 16.05 | 16.16 | +0.69% |
| ATHERENERG | 1,425.30 | 1,434.80 | +0.67% |
| OFSS | 9,843.62 | 9,909.00 | +0.66% |
Top Traded F&O Contracts where derivative volume is concentrated today
| Contract | Type | Close | Traded Value | OI | OI Δ |
|---|---|---|---|---|---|
| NIFTY26OCT22600PE | IDO | 102.95 | 5.70 L Cr | 8,575,775 | +3,034,460 |
| NIFTY26OCT22700CE | IDO | 155.20 | 4.49 L Cr | 6,089,590 | +322,335 |
| NIFTY26OCT22700PE | IDO | 144.95 | 4.23 L Cr | 7,366,775 | +244,140 |
| NIFTY26OCT22500PE | IDO | 72.05 | 4.14 L Cr | 9,255,090 | +755,365 |
| NIFTY26OCT22800CE | IDO | 107.45 | 3.69 L Cr | 7,550,075 | -228,670 |
| NIFTY26OCT23000CE | IDO | 47.60 | 3.44 L Cr | 15,584,010 | -705,250 |
| NIFTY26OCT22650PE | IDO | 122.85 | 3.24 L Cr | 3,655,145 | +1,729,065 |
| NIFTY26OCT22600CE | IDO | 212.80 | 3.08 L Cr | 3,811,470 | +1,611,220 |
| NIFTY26OCT22650CE | IDO | 182.15 | 2.59 L Cr | 2,070,055 | +1,104,480 |
| NIFTY26OCT22550PE | IDO | 86.55 | 2.52 L Cr | 3,186,040 | +1,597,440 |
| NIFTY26OCT22900CE | IDO | 72.55 | 2.46 L Cr | 5,788,640 | -1,605,110 |
| NIFTY26OCT22750CE | IDO | 130.30 | 2.44 L Cr | 3,174,015 | +580,450 |
Who's actually moving the money?
Smart Counterparty Activity 22-Oct-2026
| Stock | Type | Side | Qty | Value (₹ Cr) | Counterparty |
|---|---|---|---|---|---|
|
PC Jeweller Ltd
|
Bulk | SELL | 219,803,877 | 414.77 | JUMP TRADING FINANCIAL INDIA PRIVATE LIMITED |
|
PC Jeweller Ltd
|
Bulk | BUY | 219,803,877 | 413.67 | JUMP TRADING FINANCIAL INDIA PRIVATE LIMITED |
|
PC Jeweller Ltd
|
Bulk | SELL | 108,729,060 | 204.52 | HRTI PRIVATE LIMITED |
|
PC Jeweller Ltd
|
Bulk | BUY | 99,078,736 | 183.39 | HRTI PRIVATE LIMITED |
|
Gallantt Ispat Limited
|
Bulk+Block | BUY | 2,651,975 | 149.84 | SURYALAXMI INFRACON PRIVATE LIMITED |
|
Gallantt Ispat Limited
|
Bulk+Block | SELL | 2,651,975 | 149.84 | GALLANTT INDUSTRY PRIVATE LIMITED |
|
PC Jeweller Ltd
|
Bulk | BUY | 64,743,911 | 121.98 | QE SECURITIES LLP |
|
PC Jeweller Ltd
|
Bulk | SELL | 64,228,179 | 121.39 | QE SECURITIES LLP |
|
The India Cements Limited
|
Bulk | SELL | 2,417,444 | 82.44 | MICROCURVES TRADING PRIVATE LIMITED |
|
The India Cements Limited
|
Bulk | BUY | 2,417,444 | 82.40 | MICROCURVES TRADING PRIVATE LIMITED |
|
The India Cements Limited
|
Bulk | BUY | 2,141,447 | 73.33 | QE SECURITIES LLP |
|
The India Cements Limited
|
Bulk | SELL | 2,095,589 | 71.98 | QE SECURITIES LLP |
|
The India Cements Limited
|
Bulk | SELL | 1,964,092 | 67.11 | ALPHAGREP SECURITIES PRIVATE LIMITED |
|
The India Cements Limited
|
Bulk | BUY | 1,964,092 | 67.09 | ALPHAGREP SECURITIES PRIVATE LIMITED |
|
Omnitech Engineering Ltd
|
Bulk | BUY | 831,820 | 55.04 | JUNOMONETA FINSOL PRIVATE LIMITED |
|
Omnitech Engineering Ltd
|
Bulk | SELL | 831,153 | 55.02 | JUNOMONETA FINSOL PRIVATE LIMITED |
|
Capital Infra Trust
|
Bulk+Block | SELL | 6,644,519 | 50.23 | A.K. CAPITAL FINANCE LIMITED |
|
Capital Infra Trust
|
Bulk+Block | BUY | 6,644,519 | 50.23 | LARSEN & TOUBRO LIMITED |
|
Omnitech Engineering Ltd
|
Bulk | SELL | 724,456 | 48.12 | MICROCURVES TRADING PRIVATE LIMITED |
|
Omnitech Engineering Ltd
|
Bulk | BUY | 724,456 | 48.10 | MICROCURVES TRADING PRIVATE LIMITED |
Institutional Streaks consecutive sessions with FII / MF / Insurance activity on the same side
| Stock | Side | Streak | Total Value | Window | Notable Buyers |
|---|---|---|---|---|---|
| GLASSWALL | SELL | 10d | ₹ 465 Cr | 2026-09-17 → 2026-09-30 | PLUTUS RESEARCH PRIVATE LIMITED · PLUTUS WEALTH MANAGEMENT LLP |
| GLASSWALL | BUY | 10d | ₹ 465 Cr | 2026-09-17 → 2026-09-30 | PLUTUS RESEARCH PRIVATE LIMITED · PLUTUS WEALTH MANAGEMENT LLP |
| KANOHAR | SELL | 5d | ₹ 333 Cr | 2026-10-05 → 2026-10-09 | PLUTUS WEALTH MANAGEMENT LLP |
| KANOHAR | BUY | 5d | ₹ 333 Cr | 2026-10-05 → 2026-10-09 | PLUTUS WEALTH MANAGEMENT LLP |
| MONEYVIEW | SELL | 4d | ₹ 392 Cr | 2026-10-07 → 2026-10-12 | PLUTUS WEALTH MANAGEMENT LLP |
| MONEYVIEW | BUY | 4d | ₹ 392 Cr | 2026-10-07 → 2026-10-12 | PLUTUS WEALTH MANAGEMENT LLP |
| MOBIKWIK | SELL | 4d | ₹ 115 Cr | 2026-10-06 → 2026-10-09 | BAJAJ LIFE INSURANCE LIMITED · PLUTUS WEALTH MANAGEMENT LLP |
| RENTOMOJO | BUY | 3d | ₹ 113 Cr | 2026-09-17 → 2026-09-21 | HELIOS MUTUAL FUND · PLUTUS RESEARCH PRIVATE LIMITED · PLUTUS WEALTH MANAGEMENT LLP |
| MOBIKWIK | BUY | 3d | ₹ 98 Cr | 2026-10-07 → 2026-10-09 | PLUTUS WEALTH MANAGEMENT LLP |
| LENSKART | BUY | 2d | ₹ 2,893 Cr | 2026-08-28 → 2026-08-31 | BAJAJ LIFE INSURANCE LIMITED · BLACKROCK EMERGING MARKETS FUND INC · EDELWEISS MUTUAL FUND · +10 more |
| CMLL | BUY | 2d | ₹ 139 Cr | 2026-07-24 → 2026-07-27 | CARNELIAN ASSET MANAGEMENT & ADVISORS PRIVATE LIMITED · GOLDMAN SACHS BANK EUROPE SE ODI · PLUTUS RESEARCH PRIVATE LIMITED |
| RENTOMOJO | SELL | 2d | ₹ 68 Cr | 2026-09-18 → 2026-09-21 | PLUTUS RESEARCH PRIVATE LIMITED · PLUTUS WEALTH MANAGEMENT LLP |
What are institutions positioned for?
Institutional Positioning how FIIs are set up under the surface
FII Futures Posture
Heavy Short
net-long ratio -78.4%
FII Direction Streak
2 sessions
net accumulating futures
India VIX
14.77
Calm · +5.0% d/d
Days to Monthly Expiry
1
Thu, 27 Aug
Nifty PCR (EOD)
0.82
Bullish skew
Nifty Max Pain (EOD)
22,850
+0.72% above spot (22,688)
Any patterns firing?
Event Signals 1 firing today
Monthly Expiry Imminent
Last Thursday of the month is Thu, 27 Aug — 1 day(s) away
What it means:Within 2 trading days of monthly F&O expiry (last Thursday).
What it implies:Option writers actively defend high-OI strikes near expiry. Theta accelerates, max-pain becomes a magnet, intraday moves get whippier. Context, not a prediction.
Experimental detector · insufficient historical fires to validate.
warning
Events Calendar next 3 weeks · earnings + macro releases + monthly expiry
2026-10-22
2026-10-23
2026-10-24
2026-10-26
2026-10-27
2026-10-28
2026-10-29
EXPIRY
NIFTY / BankNifty Monthly F&O Expiry
Theta accelerates; max-pain magnet near close
2026-10-30
2026-10-31
2026-11-03
2026-11-04
FED
US Fed FOMC Decision
Fed funds rate decision
2026-11-05
2026-11-06
2026-11-11
2026-11-12
Have we been right before?
Recent Signals click a date to revisit that day's dashboard
Monthly Expiry Imminent *
FII Short Covering
Monthly Expiry Imminent *
DII Futures Unwind *
DII Futures Unwind *
Retail-vs-FII Divergence Widening *
FII Short Covering
Monthly Expiry Imminent *
DII Futures Unwind *
Monthly Expiry Imminent *
FII Short Covering
Monthly Expiry Imminent *
FII Fresh Shorting
Retail-vs-FII Divergence Widening *
DII Futures Build-up *
Retail-vs-FII Divergence Widening *
FII Short Covering
DII Futures Unwind *