Updated on 13 May 2026 @ 7.00 PM
Reliance Option Chain Strategy Today (26 May Expiry)
Today’s Options Trade Setup
| Instrument | Trade | Buy Zone | Target | Stop Loss |
|---|---|---|---|---|
| Reliance | 1380 PE Buy | Rs. 30 – 32 | Rs. 42 / 52 | Rs. 23 |
| Reliance | 1400 PE Buy | Rs. 42 – 45 | Rs. 60 / 75 | Rs. 32 |
Execution Plan
| Condition | Action |
|---|---|
| Below 1350 | Buy 1380 PE |
| Above 1380 | Avoid Fresh PE Entry |
| 1350 – 1380 | High Volatility No Trade Zone |
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👉 SBI Option Chain Strategy?
Why This Strategy?
| Factor | Observation |
|---|---|
| Closing Price | 1358.80 |
| Trend | Short-term bullish, medium-term bearish, long-term bearish |
| RSI | 43.50, weak momentum structure |
| MACD | Negative histogram indicates weakness continues |
| Option Data | Aggressive Call writing visible near 1380–1400 |
| Technical Setup | Stock trading below major moving averages |
Support and Resistance (Option Chain Based)
| Type | Levels |
|---|---|
| Immediate Support | 1350 – 1340 |
| Strong Support | 1321 – 1300 |
| Immediate Resistance | 1370 – 1380 |
| Strong Resistance | 1390 – 1400 |
Key Levels
| Level Type | Price |
|---|---|
| Pivot Strike | 1370 |
| Downside Trigger | 1350 |
| Upside Trigger | 1380 |
PCR Analysis Today
| Strike | PCR | Interpretation |
|—|—|
| 1340 | 2.22 | Strong Put support |
| 1350 | 2.08 | Heavy Put buildup |
| 1360 | 1.58 | Defensive Put positioning |
| 1370 | 0.92 | Resistance zone forming |
| 1380 | 0.87 | Aggressive Call writing zone |
| 1400 | 0.43 | Strong upside hurdle |
👉 Bias: Bearish below 1350, recovery possible only above 1380
Max Pain Today
| Metric | Level |
|---|---|
| Max Pain Zone | 1370 |
Intraday Strategy (Option Chain Based)
| Scenario | Expectation | Trade Strategy |
|—|—|
| Above 1380 | Recovery toward 1390 / 1400 | Avoid aggressive PE |
| Below 1350 | Sharp downside toward 1340 / 1321 | PE Buy |
| 1350 – 1380 | Volatile sideways market | Avoid Overtrading |
Technical View Today
| Indicator | Signal |
|---|---|
| Momentum | Weak bearish bias |
| Bollinger Band | Trading below middle band |
| ADX | 18.99, weak trend strength |
| MACD | Negative histogram signals caution |
| Moving Averages | Below 20DMA, 34DMA, 50DMA & 89DMA |
| RSI | 43.50, weak territory |
| Stochastics | Oversold bounce possible |
| ATR | High volatility expected |
Trading Meaning
| Factor | Analysis |
|---|---|
| Technical Structure | Reliance remains under pressure below key averages |
| Resistance Zone | Aggressive Call writing visible at 1380–1400 |
| Support Zone | Put writers attempting to defend 1350 |
| Bullish Trigger | Sustained move above 1380 may trigger recovery |
| Bearish Trigger | Breakdown below 1350 can intensify downside |
| Trading Strategy | Focus only on breakout confirmation amid volatility |
Pro-Level Upgrade (What Big Players Do)
| Pro Setup | Institutional Behaviour |
|---|---|
| Near 1380–1400 | Call writers likely to defend aggressively |
| Below 1350 | FIIs may add fresh short positions |
| Gap-Down Opening | Smart money waits for pullback entry |
| Inside 1350–1380 | Premium decay may hurt option buyers |
| Volatility Strategy | Fast scalping preferred over positional holding |
Smart Trader Insight
| Situation | Professional Approach |
|---|---|
| Gap-Down Opening | Wait first 15–20 minutes before PE entry |
| Sharp Recovery | Avoid panic PE buying near supports |
| Expiry Volatility | Use strict stop losses |
| Time Decay Zone | Avoid buying options in sideways market |
Final Reliance Outlook Today
Reliance Industries enters today’s session with a cautious bearish bias as technical indicators remain weak and option chain data reflects aggressive Call writing near 1380–1400 levels. The stock continues to trade below key moving averages while momentum indicators remain subdued.
Put writers are attempting to defend the 1350 zone, but a decisive breakdown below this level may accelerate downside momentum toward 1340 and 1321 levels.
👉 Above 1380: Recovery may extend toward 1390–1400
👉 Below 1350: Selling pressure may drag Reliance toward 1340–1321
👉 Between 1350–1380: Expect premium decay and volatile sideways movement
Traders should remain selective and avoid emotional trading amid elevated expiry volatility and weak technical structure.
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👉 Bank Nifty Option Chain Strategy?