BANKNIFTY analysis, 4 Nov 2026
Close
55,913.6
+0.67% (+373.55)
Day range
55,295 – 55,947
5 sessions +3.03%
RSI (14)
57.2
20 EMA 55,110
Put-call ratio
1
previous 0.97
Max pain
55,700
expiry 23 Nov 2026
India VIX
15.17
19 days to expiry
The session in brief
BullishNext session: Positive while above 55,828; 55,947 is the next hurdle; a close below 55,828 weakens it.
BANKNIFTY closed at 55,913.6 on 4 Nov 2026, up 0.67% (+373.55), in a 55,294.5 to 55,946.85 range. Over five sessions it is +3.03%. It closed above its 20-day EMA and 50-day SMA, RSI(14) 57.2. Options: put-call ratio 1 (previous session 0.97), max pain 55,700, 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 5.9 lakh and put OI by 9.7 lakh. India VIX 15.17. Levels the data marks for the next session: above the close 55,947 (5-session high), 56,066 (20-session high); below it 55,828 (50-day SMA), 55,700 (max pain).
Levels the data marks
Nearest references above and below the close
Above the close
- 55,9475-session high
- 56,06620-session high
Below the close
- 55,82850-day SMA
- 55,700max pain
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
- +5.9 lakh
- Put OI change today
- +9.7 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