Below are the SENSEX Weekly Expiry Options Trading Levels for 21 May 2026 Trading .
Options are for 21 May 2026 SENSEX Weekly Expiry.
SENSEX Expiry Range
Upper End of Expiry : 76425
Lower End of Expiry : 74974
SENSEX Intraday Trading Levels
Buy Above 75657 Tgt 75795, 75925 and 76188 ( SENSEX Spot Levels)
Sell Below 75520 Tgt 75382, 75245 and 75108 (SENSEX Spot Levels)
The Sensex options market is radiating a signal of overwhelming bullish confidence, with bears in full retreat. An exceptionally high Put-Call Ratio (PCR) of 1.37 confirms this sentiment, indicating that put open interest has massively surpassed that of calls. This is the definitive signature of a market operating with minimal fear, driven by a tidal wave of aggressive put writing which has built a colossal support structure beneath the index.
This powerful bullish sentiment has anchored the market firmly at its new center of gravity, the Max Pain point of 75,300. With the spot price trading almost exactly at this level (75,330), the index is experiencing a powerful “pinning” action. This is a classic sign that large institutional option sellers are in absolute control of the range, incentivized to keep the price anchored here to maximize their profits.
This has forged a clear and well-defended battlefield:
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Resistance: The primary resistance and “Great Wall of Calls” is located at the 76,000 strike.
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Support: A massive support fortress, the “Great Wall of Puts,” has been built by put writers at 75,000.
In conclusion, the Sensex is in a powerful, bull-controlled pinning scenario. The market is trapped between two colossal OI walls at 75,000 and 76,000, with a high probability of a low-volatility, range-bound grind centered on 75,300.
SENSEX Call Options for LONG Trade
SENSEX PUT Options for LONG Trade
SENSEX Call Options for SHORT Trade
SENSEX PUT Options for SHORT Trade
Wishing you good health and trading success as always.As always, prioritize your health and trade with caution.
As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.
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