Daily digest / Bank Nifty / 2026-10-06 · this week
Bank Nifty · Tuesday 6 Oct 2026 · close
55,243 +309.7 (+0.56%)
2nd straight up dayExpiry Tue 27 Oct · 15 sessions

Quiet, range-bound session

Bank Nifty traded a narrow 336 pts range and closed at 55,243. Put writers added the most fresh OI at 55,000 (+1.6 L), right where the low held. Call writers built positions at 55,100–55,300, led by 55,100 (+0.6 L). Max pain held at 56,000 all session. PCR rose from 0.87 to 0.91.

Spot Max pain 55,200 support PCR 15-min · IST
Open55,089
High · 12:4555,410
Low · 09:1555,074
Avg PCR0.92
Max pain56,000

Key levels into expiry

58,000 Call wall · 13.2 L OI resistance
56,000 Max pain magnet
55,300 Fresh calls +0.2 L cap
55,243 Close ●
55,200 Fresh puts +0.5 L · held the low support
55,000 Fresh puts +1.6 L · held the low · Put wall · 10.1 L OI support

Where writers added today

55,100
+0.6 L
55,200
+0.4 L
55,300
+0.2 L
55,000
+1.6 L
55,200
+0.5 L
55,100
+0.5 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Monthly ATM straddle at open1,649
Session range336
The session used 20% of the monthly straddle's priced move.

Last 6 sessions

09-28 54,548 —
PCR 0.71
MP 55,500 09-29 54,260 -288
PCR 0.97
MP 54,400 09-30 54,961 +701
PCR 0.88
MP 56,000 10-01 54,784 -178
PCR 0.88
MP 56,000 10-05 54,933 +149
PCR 0.88
MP 56,000 10-06 55,243 +310
PCR 0.92
MP 56,000

Max pain: strike where option buyers lose most at expiry. Fresh OI: positions opened this session. PCR: put OI ÷ call OI.

Descriptive summaries of recorded option-chain data. Not trading signals or advice. Disclaimer →

Related reading

PCR explained →

How put-call ratio is calculated and when it misleads.

Max pain theory →

Why max pain matters near expiry.

OI buildup →

Reading the four OI patterns.

All Bank Nifty sessions · Indices hub · Live terminal →