BANKNIFTY analysis, 3 Nov 2026
Close
55,540.05
+0.98% (+537.85)
Day range
55,174 – 55,739
5 sessions +2.9%
RSI (14)
53.8
20 EMA 55,025
Put-call ratio
0.97
previous 0.98
Max pain
55,900
expiry 23 Nov 2026
India VIX
15.71
20 days to expiry
The session in brief
NeutralNext session: Range 55,025 to 55,739; a close outside it sets the next leg.
BANKNIFTY closed at 55,540.05 on 3 Nov 2026, up 0.98% (+537.85), in a 55,174.1 to 55,739 range. Over five sessions it is +2.9%. It closed above its 20-day EMA but below its 50-day SMA, RSI(14) 53.8. Options: put-call ratio 0.97 (previous session 0.98), max pain 55,900, largest call OI at 58,000, largest put OI at 55,000 for the 23 Nov 2026 expiry. Through the day call OI changed by 2.5 lakh and put OI by 0.8 lakh. India VIX 15.71. Levels the data marks for the next session: above the close 55,739 (5-session high), 55,864 (50-day SMA); below it 55,025 (20-day EMA), 55,000 (largest put OI).
Levels the data marks
Nearest references above and below the close
Above the close
- 55,7395-session high
- 55,86550-day SMA
Below the close
- 55,02520-day EMA
- 55,000largest put OI
Option positioning
23 Nov 2026 expiry, end of day
- Largest call OI (above spot)
- 58,000
- Largest put OI (below spot)
- 55,000
- Call OI change today
- +2.5 lakh
- Put OI change today
- +0.8 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