NIFTY 50 analysis, 4 Nov 2026
Close
23,960.6
+0.63% (+149.75)
Day range
23,696 – 23,961
5 sessions +5.56%
RSI (14)
68.5
20 EMA 23,082
Put-call ratio
1.08
previous 1.1
Max pain
23,700
expiry 9 Nov 2026
India VIX
15.17
5 days to expiry
The session in brief
BullishNext session: Positive while above 23,700; 25,000 is the next hurdle; a close below 23,700 weakens it.
NIFTY 50 closed at 23,960.6 on 4 Nov 2026, up 0.63% (+149.75), in a 23,696.15 to 23,960.6 range. Over five sessions it is +5.56%. It closed above its 20-day EMA and 50-day SMA, RSI(14) 68.5. Options: put-call ratio 1.08 (previous session 1.1), max pain 23,700, largest call OI at 25,000, largest put OI at 23,000 for the 9 Nov 2026 expiry. Through the day call OI changed by 600.6 lakh and put OI by 590.5 lakh. India VIX 15.17. Levels the data marks for the next session: above the close 25,000 (largest call OI); below it 23,700 (max pain), 23,228 (50-day SMA).
Levels the data marks
Nearest references above and below the close
Above the close
- 25,000largest call OI
Below the close
- 23,700max pain
- 23,22850-day SMA
Option positioning
9 Nov 2026 expiry, end of day
- Largest call OI (above spot)
- 25,000
- Largest put OI (below spot)
- 23,000
- Call OI change today
- +600.6 lakh
- Put OI change today
- +590.5 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