Daily recapNIFTY 50

NIFTY 50 analysis, 16 Oct 2026

Close

23,146.15

+0.65% (+148.8)

Day range

22,914 – 23,150

5 sessions +2.78%

RSI (14)

52.8

20 EMA 22,892

Put-call ratio

1.34

previous 1.62

Max pain

22,800

expiry 19 Oct 2026

India VIX

14.05

3 days to expiry

The session in brief

Bullish

Next session: Positive while above 22,892; 23,150 is the next hurdle; a close below 22,892 weakens it.

NIFTY 50 closed at 23,146.15 on 16 Oct 2026, up 0.65% (+148.8), in a 22,913.8 to 23,149.85 range. Over five sessions it is +2.78%. It closed above its 20-day EMA but below its 50-day SMA, RSI(14) 52.8. Options: put-call ratio 1.34 (previous session 1.62), max pain 22,800, largest call OI at 24,000, largest put OI at 22,000 for the 19 Oct 2026 expiry. Through the day call OI changed by 654.6 lakh and put OI by 489.1 lakh. India VIX 14.05. Levels the data marks for the next session: above the close 23,150 (5-session high), 23,489 (20-session high); below it 22,892 (20-day EMA), 22,800 (max pain).

Levels the data marks

Nearest references above and below the close

Above the close

  • 23,1505-session high
  • 23,48920-session high

Below the close

  • 22,89220-day EMA
  • 22,800max pain

Option positioning

19 Oct 2026 expiry, end of day

Largest call OI (above spot)
24,000
Largest put OI (below spot)
22,000
Call OI change today
+654.6 lakh
Put OI change today
+489.1 lakh

See the live chart, OI flow and multi-timeframe read, or get this recap on Telegram every trading evening.

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