Daily digest / Bank Nifty / 2026-10-29 · this week
Bank Nifty · Thursday 29 Oct 2026 · close
55,172 +618.8 (+1.13%)
2nd straight up dayExpiry Mon 23 Nov · 17 sessions

Buying from the open, closes near the highs

Bank Nifty climbed 666 pts from 54,550 at 09:15 to 55,217 by 14:45 IST. Put writers added the most fresh OI at 54,500 (+1.0 L), right where the low held. Call writers built positions at 54,900–57,500, led by 57,500 (+0.9 L). Max pain held at 55,500 all session. PCR rose from 0.94 to 0.97.

Spot Max pain 54,500 support PCR 15-min · IST
Open54,550
High · 14:5555,255
Low · 09:1954,465
Avg PCR0.95
Max pain55,500

Key levels into expiry

57,500 Fresh calls +0.9 L cap
57,000 Call wall · 18.2 L OI · Fresh calls +0.5 L resistance
55,500 Max pain magnet
55,172 Close ●
55,000 Put wall · 10.8 L OI floor
54,500 Fresh puts +1.0 L · held the low support
53,500 Fresh puts +0.9 L support

Where writers added today

57,500
+0.9 L
57,000
+0.5 L
54,900
+0.5 L
54,500
+1.0 L
53,500
+0.9 L
54,900
+0.7 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Monthly ATM straddle at open1,805
Session range790
The session used 44% of the monthly straddle's priced move.

Last 6 sessions

10-22 54,945 —
PCR 0.92
MP 55,500 10-23 54,257 -688
PCR 0.86
MP 55,000 10-26 54,377 +120
PCR 0.84
MP 54,900 10-27 53,975 -402
PCR 0.73
MP 54,300 10-28 54,553 +578
PCR 0.92
MP 55,500 10-29 55,172 +619
PCR 0.95
MP 55,500

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.

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