What OIDash shows
OIDash reads option chains, futures, candles and news for NIFTY, BANKNIFTY, SENSEX. It places no orders; trades shown are paper records.
Start here: four things
A day on the screens
Times are IST. A description of where each output appears during the session.
- Before 09:15Pre-market
Pre-market brief: global cues, likely gap, session reference levels.
- WeeklyBig picture
Big picture: uptrend, downtrend or range, and how stretched.
- 09:12Playbook, Desk · OI
Commentary posts the plan: two break levels and the no-trade band.
- 09:15 – 09:30Playbook, Scanner
Open shown against the plan. Breakfast Breakout arms at 09:25.
- 09:30 – 10:30Desk (Buyer)
Desk (Buyer): lean or no lean, levels, invalidation, reward for risk.
- Through the dayPlaybook, Desk · OI
Scenarios change state; Commentary notes each. Check-ins 10:15, 12:00, 13:45.
- Any timeDesk, Playbook
Replay scrubs today's minutes; Glance mode (G) shows marks, not sentences.
- 11:00 – 13:00Desk
Historically the quietest stretch. Time decay runs regardless.
- 13:15 – 15:00Scalper, Chart
Closing auction and expiry. On expiry, Chart and Scalper show the range.
- After 15:30Commentary, Track record
Commentary posts the lesson; 15:55 review grades the day on Track record.
The home screen: a rule-based read (call side, put side or neither), reference levels, and the invalidation level.
- Buyer view: lean or no lean, with the reasons as bullets
- Reward for risk; under 1.5 to 1 is flagged
- Pro view: OI ladder by strike and the full facts strip
Not advice: it knows no account or risk. Structures shown are illustrative only.
- Buyer: the headline (call-side lean, put-side lean, or no lean) and the bullets giving the reasons.
- Buyer: reward for risk. Under 1.5 to 1 means the first level pays less than 1.5 times the paper risk.
- Quiet-day odds line at the top: whether the day looks likelier to stay narrow (a quiet, sideways day), and how often days with similar readings were quiet. A mild base rate, not a signal.
- Pro: the ladder shows call and put open interest by strike, OI change, the buildup at each strike and modelled dealer gamma on one price axis, with shaded zones where several independent levels agree.
- Pro: the facts strip (futures, VWAP, PCR, walls, modelled dealer gamma, expected move, VIX, breadth, rollover, profile, day range, CPR).
Glance mode
The same page with about 80–90% fewer words: marks and small charts instead of sentences.
- ▲ up, ▼ down, ↔ no lean; ✓ level reached, ✕ invalidated
- Solid OI bar = added, outlined = cut; ≈ calm, ⚡ faster (modelled)
- Eye button or G toggles; ? or hover explains each mark
Same data and rules. Detail moved into tooltips is easy to miss.
- Direction: ▲ up, ▼ down, ↔ no lean. Green is support and the put side, red is resistance and the call side.
- Outcomes: ✓ a level reached, ✕ the invalidation level.
- OI bars: solid for contracts added, outlined for contracts cut. Gamma: ≈ moves tend to calm, ⚡ moves can speed up (as modelled).
- The small ? on each card explains it (tap on a phone); on a computer, hover any mark for its full text.
Rewind today's session minute by minute, and read the day's running commentary.
- Drag the bar to a recorded minute; Back to live returns
- Commentary: 09:12 plan, updates, check-ins, lesson after close
- Tags: Rej, Brk, Reclaim, Sweep, Acc; ⓘ has the legend
Today only, and not a backtest. Updates trail the screen by a bar or more.
- Plan at 09:12: the open, key levels, two break plans and the no-trade band.
- Updates: Rej (rejection), Brk (break), Reclaim, Sweep, Acc (acceptance); trig = triggered at, ✓ first level reached, ✕ invalidated. The ⓘ on the card has the legend.
- Check-ins at 10:15, 12:00 and 13:45, and the day's lesson after the close.
One page per index: spot against the reference levels, OI change, build-up types, OI spurts, abnormal volume and the bias.
- Spot tracker: spot against the day's levels and expected range
- OI change, build-up tags, OI spurts and abnormal volume
- Index lean is No lean unless the readings agree
Not a signal. Spurts cover 31 strikes near the money; data may be delayed or wrong.
- Spot tracker: spot on a price line against previous-day high, low and close, the daily CPR, VWAP, the day's high and low, gamma flip, call and put walls and max pain, with support and resistance areas and the expected range shaded, and the nearest level above and below with its distance.
- Open interest change: calls on one side, puts on the other, by strike, since the previous close, with the net of puts minus calls.
- Build-up types: the chain's own tags (short covering, long unwinding, long build-up, short build-up), biggest OI change first.
- OI spurts: strikes whose OI changed most in the last 5, 15 or 30 minutes, from the recorder's snapshots. Abnormal volume: strikes trading far more than their neighbours.
- Index lean: Lean up, Lean down or No lean from the readings' vote; price and breadth as state, the expected move and the quiet-day line.
- Commentary under the bias: the day's plan, scenario updates and check-ins (see Replay and Commentary).
Two to four compact panels from other tabs on one screen, with one replay bar.
- Grid of 2–4 panels; each panel's menu picks its view
- One index switch and one replay bar for all panels
- Reset returns to the default four
Layout is saved in this browser only. Chain and Sentiment stay live in replay.
- Default: Live levels, OI change & build-ups, Desk facts and Commentary.
- One index switch and one replay bar for every panel.
One written rule, recorded live on real option prices, so it is judged by its record and not by a story.
- Five conditions: Volatility, Trend, Setup, Location, Timing
- Shows whether today's conditions allow the rule to fire
- Four paper exit tracks; in-the-rule vs logged-only firings
Hypothetical, in-sample paper results; needs 40–60 firings to mean much.
- Right now: which of the five conditions (Volatility, Trend, Setup, Location, Timing) are met.
- Today's rule firings: paper entry, live price and the main track's state. 'Put rule' or 'call rule' means every condition was met on that side; 'logged only' means one was missing.
- The record: four paper exit tracks side by side, split into in-the-rule and logged-only firings. Main and Tight trail their stops; Box and Wide have fixed targets.
- R is the risk taken on the paper trade. +0.23R means an average gain of 23% of the risk, after modelled costs.
The option chain in four views, plus a slider that re-prices every strike for any index level and time.
- Table: prices, OI, volume, IV, Greeks; LB/SB/SC/LU tags
- Gamma and Volatility: modelled dealer gamma, smile, skew, term
- VPA: sliders re-price every strike for a level and time
VPA and dealer gamma are modelled; real prices differ when volatility changes.
- Table: last price, open interest, change in open interest, volume, implied volatility and Greeks for calls and puts. The small tags describe the activity: LB long buildup (price up, OI up), SB short buildup (price down, OI up), SC short covering (price up, OI down), LU long unwinding (price down, OI down).
- Gamma: modelled net dealer gamma, the gamma flip, the strikes with the largest open interest, max pain and the writers' payout at each settle price.
- Volatility: the smile (IV by strike), skew (whether puts are priced richer than calls), term structure (near expiry against later ones), and the move the straddle implies.
- VPA: three sliders (index price, time, volatility shift). Each strike shows its price now and its modelled price at the chosen level and time.
What the whole F&O market is doing, not just the index.
- Top F&O gainers and losers with their OI change
- Futures buildup: which contracts see new positions
- FII / DII cash flows and participant positioning, as published
Institutional data arrives after the close and describes the previous session.
- Biggest movers: the top gainers and losers among F&O stocks, with what their open interest is doing (a rise with price is long buildup, a fall with price is short covering).
- F&O futures buildup and Stock futures: which contracts are seeing new positions.
- FII / DII cash flows: net buying or selling by foreign and domestic institutions, as published.
- Participant positioning: FIIs' index-futures longs against shorts, and the other participant classes, as published.
Open interest by strike: how many contracts are open at each level and how that is changing.
- OI by strike, today's change, and buildup per strike
- Max Pain: settle price with the lowest writer payout
- PCR through the day, whole chain and near the money
OI shows no holder or reason; PCR alone is weak. Expiry-day levels can vanish fast.
- Open Interest tab: OI by strike for calls and puts, today's change, and the buildup at each strike. The 'big picture vs latest' panel compares the whole session with the last 30 and 15 minutes to show whether the lean is turning.
- Max Pain tab: the settle price at which option writers would pay out the least, and how the intraday max pain compares with spot.
- PCR Tracker tab: the put-call ratio through the day, for the whole chain and near the money, and how fast it is changing.
Who is adding positions around the money, and whether that agrees with price.
- OI change around ATM ±2, 3 or 5 strikes over time
- VWAP and 5-minute Supertrend for context
- Sentiment dots: agreement builds a confirmed lean
A lagging summary: it describes more than it leads.
- The choice of ATM plus or minus 2, 3 or 5 strikes.
- Sentiment dots: enough of them, with price on the same side, is what the tool labels a confirmed lean.
The brief before the bell: overnight cues, the likely gap, and reference levels.
- Bias, quiet-day odds and the summary
- Global cues, sectors, headlines, institutions, levels
- How the index behaved after similar gaps; AI parts labelled
Prepared before the open, so it can go stale once trading starts.
- Bias and Summary: the overall read.
- Quiet-day odds: whether the next session looks likelier to stay narrow (a mild base rate; the gap is not known yet).
- Global cues, Sectors, Headlines, Institutions: what moved overnight.
- Levels for the session, Opening, Previous session, Positioning.
- 'What gaps like this did': how the index behaved after similar gaps before.
The weekly picture: is the index in an uptrend, a downtrend or a range?
- Daily, weekly, monthly key levels and 1σ/2σ range
- Trend vs 20/50/100/200-day averages and weekly EMAs
- Volatility percentiles: calmer or wilder than usual
Slow-moving context, not a view on direction. No level family beat placebo.
- Key levels (Daily | Weekly | Monthly): a ladder of zones where several sources agree (letters S P A O V F), the expected 1σ/2σ range and 'view changes if' closes. Agreement is not reliability: no level family beat placebo levels in testing.
- The verdict line at the top.
- Trend against the 20, 50, 100 and 200-day averages and the 10 and 20-week EMAs.
- Volatility percentiles: whether the index is calmer or wilder than usual.
The session map: the lean, a plan line, reference areas, and scenarios that track what already happened today.
- Bias: a vote of price, OI flow and breadth
- Plan line, live levels and scenarios with their state
- Intraday map with paper entry, invalidation, first level
Context, not a forecast. Breaks often reverse; area rejections showed no edge.
- Plan: one line with a break level each way and the no-trade band between them.
- Live levels: today's price minute by minute against the map's bands, the day's high and low and VWAP, with each scenario marked where it triggered (◆ in play, ✓ target hit, ✕ failed). OI profile optional.
- Scenarios: range, breaks (with whether the retest held), rejection at a strong area (with the next levels in steps), failed break → reclaim, and sweep or acceptance at the previous day's high or low (tagged liquidity).
- Each scenario's state: waiting, in play, first level reached or invalidated. The primary is the one in play, else the range, else the nearest strong area; the card says why.
- Intraday map: reference areas (incl. the official and continuous close and fair value gaps) with paper entry, invalidation level, first level and reward for risk. Paper trade structure (not a suggestion).
- Regime and range, saved runs through the day, What changed, Watch, and the Commentary.
Rule-based lists of stocks, each built on a different idea.
- L1/L2/L3 quiet-setup selection and the L3 watchlist
- Breakfast Breakout, Morning Sprint, Fakeout trap, Momentum shift, Range-break retrace (paper entries)
- Setups (PRIMED / WATCH) and MTF 10-EMA bunching
Rule matches, not recommendations. Paper results are hypothetical, mostly in-sample.
- Selection: L1 (quiet daily setup), L2 (quiet weekly setup) and L3 (both) set at the close, with the L3 watchlist carried forward until the stock moves, and level-break triggers logged with the ATM option's premium.
- Breakfast Breakout: an opening-range breakout beyond the previous day's range, confirmed by the next candle; paper entry, stop and target. Late fills are marked Late.
- Morning Sprint: the day's top gap gainers and losers, entered early with a trailing stop. Long and short records kept apart.
- Fakeout trap, Momentum shift, Range-break retrace: 5-minute rule matches with a paper entry, stop and invalidation. Late fills are marked Late, not counted.
- Setups: daily and weekly contraction matches (PRIMED / WATCH). 'Most conditions met' orders the list.
- MTF 10-EMA: stocks whose 10-EMAs on several timeframes bunch together.
A payoff calculator for multi-leg option positions that the user builds.
- Legs table: strike, call/put, buy/sell, lots, price
- Payoff chart at expiry, breakevens and modelled value today
- VPA calculators and the closing-auction (CAS) section
A calculator. Probabilities reflect option pricing, not a forecast.
- The legs table: strike, call or put, buy or sell, lots, price.
- The payoff chart with breakevens, the maximum profit and loss, and the probability of profit from the option-implied distribution.
- The VPA calculators: the modelled price of an option at a given index level and time.
- The closing-auction (CAS) section for the last part of the session, as described by the exchange; verify with the exchange circular.
Automatic rules that record hypothetical paper trades, so each rule has a record.
- Five rules: Pravaah, Dhaara, Dhwani, Kavach, Snipers
- Expiry gamma: an expiry-afternoon strangle paper test
- Trade log: paper entry, stop, target, fixed and trailing exit P&L
Small sample; paper results exclude brokerage and slippage and are hypothetical.
- Pravaah: an index momentum rule, trend and momentum aligned. Dhaara: the same idea, a steadier read.
- Dhwani: the option's own price is accepted above its session value.
- Kavach: a sharp reversal in the option's own price.
- Snipers: a trial set. Expiry gamma: an expiry-afternoon paper test that holds a strangle at the edges of a detected range.
- The trade log: each row is a paper trade with paper entry, paper stop, paper target, result, and two paper P&L columns: Fixed exit and Trailing exit.
What 'Trailing exit' means in the trade log
The same paper trade, exited by a trailing stop instead of a fixed target.
- Fixed exit: stop or target, whichever comes first, or 15:15
- Trailing exit: stop to entry once in profit, then trails
- Both totals sit side by side on the Scalper page
Until the trail starts both share one stop. Trades before 29 Sep used an older rule.
- Fixed exit: the trade ends at its stop or its target, whichever is hit first, or at 15:15.
- Trailing exit, step 1: the original stop stands until the trade is up by a set amount, scaled to how much that option usually moves.
- Trailing exit, step 2: at that point the stop moves to the entry price (gaps, slippage and charges can still make the result a small loss).
- Trailing exit, step 3: from then on the stop follows the best price reached at a set distance. It only moves up, never down.
- Trailing exit, step 4: everything is closed at 15:15 if still open.
Candles with VWAP, pivots, averages and range boxes for the index.
- Timeframe buttons; VWAP, CPR and EMA overlays
- Range detector boxes where price compressed
- Expose circles: trend alignment, not an edge (in-sample)
Index candles have no volume; VWAP comes from the near-month future.
- The timeframe buttons.
- Overlays: VWAP, CPR levels, EMAs from 15m to 1d.
- The range detector: a box marks where price has been compressed.
- Expose (indices): circles where price runs with the 15m, 30m and 1h 10-EMAs, and an improved version with exits. The legend counts its closed trades in view. Over 12,190 circles from 2022 to 2026 it averaged about −0.13R after costs, no better than random entries in the same trend: it marks trend alignment, not an edge. In-sample, hypothetical.
Stocks with news or results due, listed with dates.
- Stocks with a catalyst today
- Results due, with dates
- IV usually rises before results and falls after
A list, not a judgement. Bullish or bearish labels are keyword scores.
- Stocks with a catalyst today.
- Results due, with dates.
The tone of the news and of the crowd, per asset.
- Tone per asset and what it is built from
- Sources are listed on the page
Text-based scores can be wrong or late. Not a signal.
- The tone per asset and what it is built from; see the page for details.
A scorecard for the tool itself: how its past readings turned out.
- 15:55 review: recap, what worked, misses, vs random baselines
- Proposed changes need approval before taking effect
- Graded days, gap calls, closes inside the expected move
Admin only. Small samples; past results do not indicate future ones.
- End-of-day review (15:55): a recap, what worked and what didn't, key turns missed, and a rolling record against baselines from random past sessions.
- Proposed changes: suggestions backed by the record. None takes effect without approval.
- Graded days, whether the brief called the gap, whether the close stayed inside the expected move.
The top bar and search
The three indices, crude and gold, and a search box that jumps to any screen.
- Three indices with price and change
- MCX crude and gold, with WTI and COMEX beside them
- Cmd/Ctrl + K jumps to any screen by name
Data can be delayed or stale; the status next to Live shows which.
- CRUDE and GOLD: MCX near-month, with WTI and COMEX beside them for the global price.
- The status next to 'Live' says whether data is live or from the last session.
Glossary
- Open interest (OI)
- Contracts still open; rises as positions open, falls as they close. No holder or reason.
- Reference level (call / put)
- A strike with large call (or put) OI; may be hedging or already closed.
- PCR
- Put OI divided by call OI. High means more put OI than call OI. It is a mood gauge, not a signal.
- Max pain
- Settle price where buyers lose most, from OI. Expiry is sometimes near it; link is loose.
- Gamma / gamma flip
- As modelled: above the flip dealer hedging damps moves; below it feeds them.
- IV (implied volatility)
- The move an option's price implies. High IV = expensive; often falls after events.
- Theta / time decay
- The value an option loses each day just from time passing. It speeds up near expiry.
- Straddle
- A call and a put at the same strike. Its price is roughly the move the market is pricing to expiry.
- VWAP
- Volume-weighted average price today. Above it reads buyer-led, below seller-led.
- POC / DPOC
- The price with the most volume traded (point of control); the developing one is the same so far today.
- CPR
- Central pivot range: 3 levels from prior high, low, close. Narrow often preceded trends.
- ATR
- Average true range: how far a candle usually moves.
- R
- The risk taken on a paper trade. A trade that makes 2R made twice what it risked.
- EMA compression (nD)
- Several exponential moving averages bunched within a small percentage of price on several timeframes.
- L1 / L2 / L3
- Scanner tags. L1: quiet daily setup. L2: quiet weekly setup. L3: both.
- Sweep / acceptance
- At prior day's high/low: sweep closes back inside; acceptance closes beyond and holds.
- FVG (fair value gap)
- A three-candle gap that price has not traded back into yet. A chart convention, not a tested rule.
- ORB
- Opening range breakout: the first few bars set a range, and the rule fires on a break out of it.
Educational, not advice. Nothing in this guide is a recommendation to buy or sell any security. Rule outputs shown in the app are illustrations from fixed rules, with hypothetical paper results. Past results do not indicate future ones.