Daily recapNIFTY 50

NIFTY 50 analysis, 28 Oct 2026

Close

22,698.85

-0.22% (-50.9)

Day range

22,498 – 22,778

5 sessions -0.49%

RSI (14)

44.9

20 EMA 22,812

Put-call ratio

1.05

previous 1.07

Max pain

22,650

expiry 3 Nov 2026

India VIX

16.21

6 days to expiry

The session in brief

Bearish

Next session: Weak while below 22,812; 22,650 is the next floor; a close above 22,812 eases it.

NIFTY 50 closed at 22,698.85 on 28 Oct 2026, down 0.22% (-50.9), in a 22,497.7 to 22,778.05 range. Over five sessions it is -0.49%. It closed below its 20-day EMA and 50-day SMA, RSI(14) 44.9. Options: put-call ratio 1.05 (previous session 1.07), max pain 22,650, largest call OI at 23,000, largest put OI at 21,500 for the 3 Nov 2026 expiry. Through the day call OI changed by 496.4 lakh and put OI by 549.2 lakh. India VIX 16.21. Levels the data marks for the next session: above the close 22,812 (20-day EMA), 22,830 (5-session high); below it 22,650 (max pain), 22,372 (5-session low).

Levels the data marks

Nearest references above and below the close

Above the close

  • 22,81220-day EMA
  • 22,8305-session high

Below the close

  • 22,650max pain
  • 22,3725-session low

Option positioning

3 Nov 2026 expiry, end of day

Largest call OI (above spot)
23,000
Largest put OI (below spot)
21,500
Call OI change today
+496.4 lakh
Put OI change today
+549.2 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