INDF Range India Financials ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

INDF — —
Key stats
About

Range India Financials ETF (INDF) ETF

No description available.

Exchange
ARCX
Inception
2020-10-21
Has Options
No
ETF Profile
holdings as of 2025-07-31
Holdings
20
AUM
$11.5M
Provider
Unknown
Inception
2020-10-21
Exchange
ARCX
Data As Of
2025-07-31
Expense Ratio
—
Dividend Yield
—
Distribution
—
Asset Allocation
Top Holdings
top 20 of 20 holdings
Symbol Name Weight % Asset Class Country
IBN ICICI BANK LIMITED 20.02% Equity (common) IN
HDB HDFC BANK LIMITED 19.64% Equity (common) IN
— AXIS BANK LIMITED 6.95% Equity (common) IN
— JIO FINANCIAL SERVICES LIMITED 5.04% Equity (common) IN
— State Bank of India 4.62% Equity (common) IN
— BAJAJ FINSERV LIMITED 4.50% Equity (common) IN
— BAJAJ FINANCE LIMITED 4.41% Equity (common) IN
— SBI LIFE INSURANCE COMPANY LIMITED 4.38% Equity (common) IN
— SHRIRAM FINANCE LIMITED 4.34% Equity (common) IN
— HDFC LIFE INSURANCE COMPANY LIMITED 4.30% Equity (common) IN
— KOTAK MAHINDRA BANK LIMITED 4.18% Equity (common) IN
— CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED 3.23% Equity (common) IN
— POWER FINANCE CORPORATION LIMITED 3.17% Equity (common) IN
— HDFC Asset Management Company Ltd 3.04% Equity (common) IN
— REC LIMITED 2.62% Equity (common) IN
— ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 2.46% Equity (common) IN
— MUTHOOT FINANCE LIMITED 1.49% Equity (common) IN
— SBI CARDS AND PAYMENT SERVICES LIMITED 1.28% Equity (common) IN
— ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED 1.28% Equity (common) IN
— LIC HOUSING FINANCE LTD 0.94% Equity (common) IN
Geographic Breakdown
Chart
Seasonality
Insufficient price history — listed 2192 days ago. Seasonality patterns need at least one full year of data.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $37.51
SMA 50: $38.65
SMA 200: $37.25
Current: $31.25
EMA 12: $36.77
EMA 26: $37.61
MACD: -0.8419 | Signal: -0.3773
BEARISH
ADX (14): 37.06
TREND
+DI: 5.44
−DI: 69.61

Momentum Oscillators

RSI (14): 13.09
OVERSOLD
Stoch %K: 51.56
Stoch %D: 54.35
Williams %R: -96.46

Volume & Volatility

BB Upper: $40.42
BB Lower: $34.60
OVERSOLD
OBV: -53,985
Vol SMA 20: 5,316
Vol ROC: 959.09%
ATR: $0.90
True Range: $6.81
HV 20: 68.1%
HV 30: 56.0%
HV 60: 41.0%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2023-08-29T00:00:00 – 2025-08-26T00:00:00
AI Analysis

LLM Stock Analysis Report: INDF

Executive Summary

Executive Summary: NEUTRAL (Confidence Level: 5/10)

Key Drivers:

  • Oversold RSI reading (13.09) and MACD histogram (-0.46) indicate potential buy signal
  • Trend indicators (SMA, EMA, and ADX) suggest a trend is in place

Primary Risks:

  • Bearish momentum signals (MACD and Stochastic %K)
  • Oversold conditions may persist if the stock fails to rebound

Investment Thesis: INDF has entered an oversold territory, which could lead to a short-term rebound. However, the market narrative suggests caution due to the lack of significant news catalysts.

Recent News Sentiment Impact: The recent headlines have been neutral, with no significant impact on the stock price.

Technical Analysis

Trend Direction:

  • Short-term: Downtrend (SMA 20 and EMA 12 below current price)
  • Medium-term: Trend uncertain due to mixed signals
  • Long-term: Uptrend (SMA 200 above current price)

Support/Resistance Levels: Upper Bollinger Band ($40.42), Middle Line ($37.51), Lower Band ($34.60)

Momentum Signals:

  • RSI interpretation: Oversold (13.09)
  • MACD signal: Bearish (-0.84 / Signal: -0.38 / Histogram: -0.46)
  • Bollinger Bands position: Oversold

Volume Analysis: Volume is relatively low, with a volume rate of change at 959.09%. This could indicate institutional selling.

News & Sentiment Analysis

Recent Headlines Summary: Neutral headlines focusing on general market commentary and routine announcements.

Sentiment Assessment: Neutral sentiment overall, with no significant news catalysts driving the stock price.

Catalyst Identification: No upcoming events or earnings reports that would significantly impact the stock price.

Market Narrative: The lack of significant news and mixed technical signals suggest caution in the short-term.

Risk & Volatility Assessment

Risk Assessment:

  • Beta: N/A (vs SPY)
  • Alpha: N/A
  • Correlation: N/A
  • Stock Volatility: N/A
  • Interpretation: Neutral to high risk due to oversold conditions and bearish momentum signals

Volatility Regime: Current volatility is relatively low compared to historical levels.

Options Market Signals: No options data available, so no insights can be gained from this metric.

Downside Protection: Support levels include the Lower Bollinger Band ($34.60) and previous lows.

Market Context & Positioning

Sector Performance: INDF's sector (India ETFs) has been relatively strong in recent months.

Institutional Activity: Low institutional activity, which could indicate caution among market participants.

Correlation Analysis: No correlation data available to assess the stock's movement relative to the market.

Relative Valuation: The stock is trading within its historical range, neither overbought nor oversold.

Key Levels & Action Items

Critical Price Levels:

  • Lower Bollinger Band ($34.60)
  • Previous lows

Breakout/Breakdown Levels:

  • Upper Bollinger Band ($40.42)

Time-Sensitive Catalysts: No significant earnings reports or events in the near-term.

Risk Management: Stop-loss levels can be set at $30.50 (previous low) to manage risk, and position sizing considerations should prioritize diversification.

By analyzing the data, it is clear that INDF has entered an oversold territory, which could lead to a short-term rebound. However, caution is advised due to the lack of significant news catalysts and bearish momentum signals. The market narrative suggests a neutral sentiment, with no major events or earnings reports on the horizon. As such, investors should prioritize diversification and risk management when considering a position in INDF.

Generated
News
All INDF news →
Showing 1–10 of 26
Page 1 of 3

INDF Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Insufficient price history — listed 2192 days ago. Beta and correlation vs SPY require ~1 year of daily returns to be statistically meaningful.

INDF Institutional Ownership (13F)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

# Filer Shares Value % of Total % of Float Period
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month