Daily recapNIFTY 50

NIFTY 50 analysis, 28 Sep 2026

Close

22,780.25

-1.56% (-360.25)

Day range

22,762 – 23,080

5 sessions -2.71%

RSI (14)

27.7

20 EMA 23,447

Put-call ratio

0.62

previous 0.92

Max pain

23,300

expiry 29 Sep 2026

India VIX

13.58

1 days to expiry

The session in brief

Bearish

Next session: Weak while below 23,000; 22,762 is the next floor; a close above 23,000 eases it.

NIFTY 50 closed at 22,780.25 on 28 Sep 2026, down 1.56% (-360.25), in a 22,762.2 to 23,080.25 range. Over five sessions it is -2.71%. It closed below its 20-day EMA and 50-day SMA, RSI(14) 27.7. Options: put-call ratio 0.62 (previous session 0.92), max pain 23,300, largest call OI at 23,000, largest put OI at 22,000 for the 29 Sep 2026 expiry. Through the day call OI changed by 1095.4 lakh and put OI by 27.1 lakh. India VIX 13.58. Levels the data marks for the next session: above the close 23,000 (largest call OI), 23,300 (max pain); below it 22,762 (5-session low), 22,000 (largest put OI).

Levels the data marks

Nearest references above and below the close

Above the close

  • 23,000largest call OI
  • 23,300max pain

Below the close

  • 22,7625-session low
  • 22,000largest put OI

Option positioning

29 Sep 2026 expiry, end of day

Largest call OI (above spot)
23,000
Largest put OI (below spot)
22,000
Call OI change today
+1095.4 lakh
Put OI change today
+27.1 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