BANKNIFTY analysis, 23 Sep 2026
Close
56,548.9
+0.59% (+333.35)
Day range
56,210 – 56,624
5 sessions +0.46%
RSI (14)
46.2
20 EMA 56,717
Put-call ratio
0.93
previous 0.91
Max pain
57,000
expiry 29 Sep 2026
India VIX
10.36
6 days to expiry
The session in brief
NeutralNext session: Range 56,038 to 56,671; a close outside it sets the next leg.
BANKNIFTY closed at 56,548.9 on 23 Sep 2026, up 0.59% (+333.35), in a 56,209.65 to 56,623.8 range. Over five sessions it is +0.46%. It closed below its 20-day EMA and 50-day SMA, RSI(14) 46.2. Options: put-call ratio 0.93 (previous session 0.91), max pain 57,000, largest call OI at 57,500, largest put OI at 56,000 for the 29 Sep 2026 expiry. Through the day call OI changed by 8.6 lakh and put OI by 10.1 lakh. India VIX 10.36. Levels the data marks for the next session: above the close 56,671 (5-session high), 56,717 (20-day EMA); below it 56,038 (5-session low), 56,000 (largest put OI).
Levels the data marks
Nearest references above and below the close
Above the close
- 56,6715-session high
- 56,71720-day EMA
Below the close
- 56,0395-session low
- 56,000largest put OI
Option positioning
29 Sep 2026 expiry, end of day
- Largest call OI (above spot)
- 57,500
- Largest put OI (below spot)
- 56,000
- Call OI change today
- +8.6 lakh
- Put OI change today
- +10.1 lakh
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