Daily recapBANKNIFTY

BANKNIFTY analysis, 30 Sep 2026

Close

54,633.05

+0.69% (+373.1)

Day range

54,174 – 55,136

5 sessions -3.39%

RSI (14)

34

20 EMA 55,970

Put-call ratio

0.88

previous 0.86

Max pain

56,500

expiry 27 Oct 2026

India VIX

13.47

27 days to expiry

The session in brief

Neutral

Next session: Range 54,000 to 55,918; a close outside it sets the next leg.

BANKNIFTY closed at 54,633.05 on 30 Sep 2026, up 0.69% (+373.1), in a 54,174.3 to 55,135.5 range. Over five sessions it is -3.39%. It closed below its 20-day EMA and 50-day SMA, RSI(14) 34. Options: put-call ratio 0.88 (previous session 0.86), max pain 56,500, largest call OI at 58,000, largest put OI at 54,000 for the 27 Oct 2026 expiry. Through the day call OI changed by 18.8 lakh and put OI by 17.3 lakh. India VIX 13.47. Levels the data marks for the next session: above the close 55,918 (5-session high), 55,970 (20-day EMA); below it 54,000 (largest put OI), 53,786 (5-session low).

Levels the data marks

Nearest references above and below the close

Above the close

  • 55,9185-session high
  • 55,97020-day EMA

Below the close

  • 54,000largest put OI
  • 53,7865-session low

Option positioning

27 Oct 2026 expiry, end of day

Largest call OI (above spot)
58,000
Largest put OI (below spot)
54,000
Call OI change today
+18.8 lakh
Put OI change today
+17.3 lakh

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Levels are reference points drawn from price and open interest data; they describe the data, not what to do. IndexGPT provides market analysis only. It is not investment advice. Terms