BANKNIFTY analysis, 5 Oct 2026
Close
54,714.1
+0.48% (+263.35)
Day range
54,371 – 55,193
5 sessions -1.56%
RSI (14)
36.3
20 EMA 55,720
Put-call ratio
0.88
previous 0.87
Max pain
56,000
expiry 27 Oct 2026
India VIX
14.72
22 days to expiry
The session in brief
NeutralNext session: Range 54,000 to 55,390; a close outside it sets the next leg.
BANKNIFTY closed at 54,714.1 on 5 Oct 2026, up 0.48% (+263.35), in a 54,370.6 to 55,192.65 range. Over five sessions it is -1.56%. It closed below its 20-day EMA and 50-day SMA, RSI(14) 36.3. Options: put-call ratio 0.88 (previous session 0.87), max pain 56,000, 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 4.9 lakh and put OI by 5.9 lakh. India VIX 14.72. Levels the data marks for the next session: above the close 55,390 (5-session high), 55,720 (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
- 55,3905-session high
- 55,72020-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
- +4.9 lakh
- Put OI change today
- +5.9 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