BANKNIFTY analysis, 27 Oct 2026
Close
53,974.9
-0.72% (-391.8)
Day range
53,951 – 54,654
5 sessions -2.73%
RSI (14)
35.7
20 EMA 55,084
Put-call ratio
0.88
previous 0.78
Max pain
56,000
expiry 23 Nov 2026
India VIX
16.38
27 days to expiry
The session in brief
BearishNext session: Weak while below 55,000; 53,778 is the next floor; a close above 55,000 eases it.
BANKNIFTY closed at 53,974.9 on 27 Oct 2026, down 0.72% (-391.8), in a 53,951.2 to 54,654.05 range. Over five sessions it is -2.73%. It closed below its 20-day EMA and 50-day SMA, RSI(14) 35.7. Options: put-call ratio 0.88 (previous session 0.78), max pain 56,000, largest call OI at 55,000, largest put OI at 52,000 for the 23 Nov 2026 expiry. Through the day call OI changed by 24.0 lakh and put OI by 21.7 lakh. India VIX 16.38. Levels the data marks for the next session: above the close 55,000 (largest call OI), 55,084 (20-day EMA); below it 53,778 (5-session low), 52,000 (largest put OI).
Levels the data marks
Nearest references above and below the close
Above the close
- 55,000largest call OI
- 55,08420-day EMA
Below the close
- 53,7785-session low
- 52,000largest put OI
Option positioning
23 Nov 2026 expiry, end of day
- Largest call OI (above spot)
- 55,000
- Largest put OI (below spot)
- 52,000
- Call OI change today
- +24.0 lakh
- Put OI change today
- +21.7 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