Live analytics
Today's NIFTY readings from Daksh Analytics
A public view of what Daksh publishes each trading day: zones at 9:30 AM, a check at 4 PM. Outputs only, nothing else.
Source: Daksh Analytics live feed. No data loaded yet. Not investment advice.
01NIFTY zone map
Zones post at 9:30 AM IST on trading days.
Candles build with the live feed, from 9:15 AM.
Resistance zoneSupport zoneGamma flipLast price
Waiting for data.
Five-minute candles, India time. Drag or swipe sideways to move along the day, pinch or scroll to zoom.
View data table
Charts: TradingView Lightweight Charts™, Copyright © 2025 TradingView, Inc.
Gamma profile: hedging pressure if the index moved to each level
Units: net GEX in ₹ crore per 1% move, against hypothetical index levels. Green above zero = calming, red below zero = amplifying.
Builds with the live feed.
Where the line crosses zero is the flip level. These are risk-neutral, market-implied estimates, descriptive only, not advice.
Focus the chart and use the left and right arrow keys, or tap or click a point, to read each point.
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02Option-interest walls
Option-interest strikes post with the zones at 9:30 AM.
03Regime
The regime is published with the zones.
054 PM check
Checked after the close, around 4 PM.
04Context
Expiry and the day's events appear here once published.
06Track record
No zones have been checked yet.
Quant desk · gamma exposure
Calm or wild? Will option sellers steady the index or push it harder?
Option sellers hedge as the index moves. Above the flip level their hedging works against the move and tends to calm the market. Below it their hedging adds to the move and tends to make it wilder.
- Index spot
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- Flip level
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- Regime now
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- Hedging at stake
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- ₹ crore per 1% move
Quant desk · implied probability
Market odds. Where does the options market think the index will settle?
Option prices contain the market's own odds for every possible expiry level. We read them out of current prices: the taller the curve, the more likely the market thinks that level is.
- Chance it ends higher
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- Ends within ±1%
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- Ends within ±2%
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- Most likely zone
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- peak of the curve
The market's odds for the index at expiry
Units: % of probability per strike bucket, against expiry level. Shaded bands: ±1% and ±2% around the index now. Grey dashed outline: the 09:30 curve.
Builds with the live feed.
Odds nowOdds at 09:30Index through the dayDashed: range still priced from now
Tap, click or use the arrow keys to read the chance of finishing above each level. These are risk-neutral, market-implied estimates, descriptive only, not advice.
Focus the chart and use the left and right arrow keys, or tap or click a point, to read each point.
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Which strikes carry the hedging
Units: ₹ crore per strike. Bars start at zero: calls up (calming), puts down (amplifying).
Builds with the live feed.
Calls add calming gamma, puts add amplifying gamma, at the current index level. These are risk-neutral, market-implied estimates, descriptive only, not advice.
Focus the chart and use the left and right arrow keys, or tap or click a point, to read each point.
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Index against the flip, through the day
Units: index points. The axis does not start at zero.
Builds with the live feed.
IndexFlip level
While the index stays above the amber flip line, the market is in the calm regime. These are risk-neutral, market-implied estimates, descriptive only, not advice.
Focus the chart and use the left and right arrow keys, or tap or click a point, to read each point.
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Chance of finishing above each level
Units: % chance, bars start at zero.
Builds with the live feed.
Each bar is the market-implied chance that the index settles above that level at expiry. These are risk-neutral, market-implied estimates, descriptive only, not advice.
Focus the chart and use the left and right arrow keys, or tap or click a point, to read each point.
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Live · NIFTY straddle
The ATM straddle. What the market charges for a move.
The at-the-money call plus put, tracked every five minutes from 9:15 to 3:30. A rising straddle means options are getting dearer; a falling one means time is eating them. Education only.
Until then the chart below is an illustration with made-up numbers.
- Spot
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- Synthetic future
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- ATM strike
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- Straddle price
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- CE + PE
- Avg straddle
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- Straddle VWAP
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- ATM OI
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- DTE
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- Last updated
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NIFTY at-the-money straddle price, 09:15 to 15:30
Units: index points of premium (CE + PE). The left axis does not start at zero. Spot and synthetic future share the first right axis in index points; India VIX uses its own labelled right axis in % points.
Waiting for data.
Focus the chart and use the left and right arrow keys to read each 5-minute point.
View data table
| CE OI | CE | Strike | PE | PE OI | Straddle |
|---|
Quant desk · volatility
Range and fear. How far could the index move by expiry, and how nervous are traders?
The price of the at-the-money straddle tells you the move the market is paying for. The shape of the volatility smile tells you whether traders pay extra for crash protection.
- Expected move
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- Likely range (about 2 in 3)
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- index ± expected move
- Implied volatility
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- Fear gauge (25-delta skew)
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The expected-move cone to expiry
Units: index points by date. The axis does not start at zero. Inner cone about 2 times in 3, outer cone about 19 times in 20.
Builds with the live feed.
Inner cone (1 SD)Outer cone (2 SD)Index now
The bands come from the at-the-money implied volatility at 9:30; the dashed lines show the range still priced from now to the close. These are risk-neutral, market-implied estimates, descriptive only, not advice.
Focus the chart and use the left and right arrow keys, or tap or click a point, to read each point.
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The volatility smile
Units: implied volatility in %, by strike. Dots are market quotes, the line is the fitted curve, the grey dashed line is 09:30. The axis does not start at zero.
Builds with the live feed.
Fitted nowMarket09:30
A left side higher than the right means puts cost more: traders are paying for protection against a fall. These are risk-neutral, market-implied estimates, descriptive only, not advice.
Focus the chart and use the left and right arrow keys, or tap or click a point, to read each point.
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Fear gauge through the day
Units: volatility points (25-delta put IV minus 25-delta call IV). The axis does not start at zero.
Builds with the live feed.
Higher means traders pay more for downside protection. These are risk-neutral, market-implied estimates, descriptive only, not advice.
Focus the chart and use the left and right arrow keys, or tap or click a point, to read each point.
View data table
Quant desk · method notes
How these are built.
Gamma exposure profile as in perfiliev's "zero gamma" method and jensolson/SPX-Gamma-Exposure; levels named as in dhawalc/spx-gamma-levels. Black-Scholes gamma from each strike's own implied volatility, r = 6.5%. Exposure = gamma × OI × spot² × 1%, calls counted positive and puts negative. That sign is an assumption (sellers short puts, long calls); open interest does not show who holds what.
Market odds: Breeden-Litzenberger (the curve is the second derivative of call prices across strikes), as in CH4RL3I/risk-neutral-density and Leo-Y-Zhang/ImpliedDensity. Out-of-the-money implied volatilities, an SVI curve fitted to them, forward price from put-call parity, r = 6.5%. These are risk-neutral odds priced by the market, not a forecast, and the tails are extrapolated.
Range and fear: expected move = 0.8 × at-the-money straddle (a common approximation of one standard deviation); intraday range = spot × at-the-money implied volatility × √(session minutes left / trading minutes in a year) at 1 and 2 standard deviations (the expiry cone uses days to expiry); smile = out-of-the-money implied volatilities with an SVI fit; fear gauge = implied volatility of the 25-delta put minus that of the 25-delta call (a risk reversal).
Source: Daksh Analytics live feed. Descriptive only, not investment advice.
Important information
- Education only. Daksh Analytics is not registered with SEBI and gives no buy or sell advice.
- Data may be delayed. Items marked illustrative or hypothetical use made-up numbers.
- Past results do not predict future results.
- Derivatives carry a high risk of loss.
See Terms, Privacy and Data sources.
Outputs only, never the method. Educational, not investment advice.
More readings from the Daksh engine will be added here.