BANKNIFTY analysis, 29 Oct 2026
Close
54,909.65
+1.18% (+642.25)
Day range
54,048 – 54,980
5 sessions -0.03%
RSI (14)
47.1
20 EMA 54,997
Put-call ratio
0.97
previous 0.94
Max pain
55,800
expiry 23 Nov 2026
India VIX
15.12
25 days to expiry
The session in brief
NeutralNext session: Range 54,000 to 54,990; a close outside it sets the next leg.
BANKNIFTY closed at 54,909.65 on 29 Oct 2026, up 1.18% (+642.25), in a 54,047.9 to 54,980.15 range. Over five sessions it is -0.03%. It closed below its 20-day EMA and 50-day SMA, RSI(14) 47.1. Options: put-call ratio 0.97 (previous session 0.94), max pain 55,800, largest call OI at 57,000, largest put OI at 54,000 for the 23 Nov 2026 expiry. Through the day call OI changed by 5.4 lakh and put OI by 9.2 lakh. India VIX 15.12. Levels the data marks for the next session: above the close 54,990 (5-session high), 54,997 (20-day EMA); below it 54,000 (largest put OI), 53,626 (5-session low).
Levels the data marks
Nearest references above and below the close
Above the close
- 54,9915-session high
- 54,99720-day EMA
Below the close
- 54,000largest put OI
- 53,6265-session low
Option positioning
23 Nov 2026 expiry, end of day
- Largest call OI (above spot)
- 57,000
- Largest put OI (below spot)
- 54,000
- Call OI change today
- +5.4 lakh
- Put OI change today
- +9.2 lakh
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