Banknifty analysis

 Bank Nifty option chain (28 Oct 2025 expiry) along with the current spot at 54,635.85 (+174.85 / +0.32%). Let’s analyze step by step with OI, OI change, and price action context: --- 🔎 Option Chain Analysis 1. PUT side (Support zones): 54,500 PE → OI 5.08L (highest put OI) with addition of 81,725 → Strongest support. 54,600 PE → OI 1.14L with addition of 63,595 → Fresh support building. 54,700 PE → OI 1.04L with 40,950 addition → Immediate intraday support. 👉 Strong Put base at 54,500 – 54,700 zone. -- 2. CALL side (Resistance zones): 55,000 CE → OI 9.41L (highest call OI) with 2.11L addition → Strongest resistance. 54,700 CE → OI 1.27L with 76,125 addition → Fresh resistance forming. 54,800 CE → OI 75,530 with 14,350 addition → Resistance just above CMP. 👉 Strong Call base at 55,000, immediate hurdle 54,700 – 54,800. --- 📉 Candlestick / Price Action (Intraday View): Spot = 54,635 is exactly between support (54,500–54,600) and resistance (54,700–54,800). Trend is mildly bullis...

 Analysis of OI Data, Change in OI, and Candlestick Chart Patterns Open Interest (OI) Data and Changes The option chain data is for Bank Nifty weekly expiry on September 30, 2025 (tomorrow from the current date). The spot price is at 54,461, showing a modest +0.13% gain intraday, but the OI reveals a bearish skew in positioning: Total Call OI: ~2.34 Cr contracts (higher than puts, suggesting more bullish bets or call writing capping upside). Total Put OI: ~1.92 Cr contracts. Put-Call Ratio (PCR): 0.82 (below 1.0, indicating bearish sentiment as put writing dominates, implying expectations of limited downside protection). Key OI Concentrations: Highest Call OI: 54,500 CE (25.1L contracts), acting as immediate resistance due to potential call writing. Highest Put OI: 54,400 PE (17.4L contracts), signaling strong support from put writing (sellers betting against a sharp drop). Other notable builds: Calls at 54,000 (11.0L) and 54,200 (8.8L); Puts at 54,300 (11.9L) and 54,000 (3.4L). OI...

Here’s how I see the situation, based on your OI / PCR & chart:--- Interpretation of the OI / PCR data you showed Total Call OI: ~ 2.78 Cr Total Put OI: ~ 1.77 Cr PCR = 1.77 / 2.78 ≈ 0.64 (i.e. PCR ~ 0.64) A PCR below 1 (especially < ~0.7) generally suggests more call interest than put interest → somewhat bullish bias in derivatives positioning. However, PCR is just one side; you must see which strikes have large OI and how OI has changed (i.e. build-up or unwinding) to understand where support/resistance may lie.  From the option chain : On the calls side: big OI in strikes like 54500, 54600, 54700 etc. On the puts side: strong OI in 54000, 54300, 54400 strikes. You show “Call OI change” negative in many strikes (i.e. call OI decreasing) and “Put OI change” positive in many strikes (i.e. put OI increasing) especially in lower strikes — that suggests put accumulation at lower levels, meaning traders may be hedging downside or expecting some support near those lower strikes. ...

Hey traders, welcome back to VlogSpot! Today, we’re diving into the Bank Nifty action with the spot at 54,976.20, down 0.26% or 145.30 points. Let’s break down the OI data, candlestick patterns, key levels, and an intraday trade plan—. Let’s get started! Option Chain & OI Insights The Put-Call Ratio (PCR) is at 0.78, below 1.0, hinting at a bearish tilt—more call writing than put writing, suggesting traders are bracing for a dip or hedging downside. Total OI shows calls at 2.38 Cr and puts at 1.85 Cr, with key strikes standing out: Calls: Heavy buildup at 55,000 CE (1.86L OI) and 55,100 CE (1.16L OI), acting as resistance zones where call sellers are active. Puts: Strong support at 54,500 PE (11.65L OI) and 54,600 PE (2.58L OI), with put writers defending these levels. OI Changes: Calls are unwinding (e.g., -33.2% at 55,200 CE), while puts see fresh writing (e.g., +7.64L at 54,900 PE)—a net bearish shift. Max Pain looks around 55,000, where option sellers might push the expiry clos...

 Analysis of OI Data, Change in OI, and Candlestick Chart Patterns  Bank Nifty on September 24, 2025 (expiry: September 30, 2025), here's a detailed breakdown. The current spot price is around 55,121.50 (down ~0.7% or 388 points intraday). I'll focus on key strikes near the spot, OI distribution, changes, and chart implications. 1. Open Interest (OI) Data Overview Total OI: ~2.34 Cr lots (as per the "Open Interest" chart). Call OI: ~0.79 Cr lots; Put OI: ~1.26 Cr lots. Put-Call Ratio (PCR): 0.81 (Put OI > Call OI), indicating mild bearish sentiment—more puts written (sellers betting on downside protection or stability). However, PCR >0.8 near expiry can signal support building, as put writers defend lower strikes. Max Pain: Strikes with highest combined OI (calls + puts) act as "max pain" levels where the price may gravitate to minimize option payouts. Here: Highest combined OI: 55,000 (Call OI: 4,242 lots + Put OI: 7,445 lots = ~11,687 lots). Next: 55...

 Analysis of OI Data and Changes The options chain and OI analytics are for Bank Nifty weekly expiry on 30 Sep 2025, with spot at 55,509.75 (up 0.41% or +225 points). OI is displayed in lots, with 'L' denoting lakhs (e.g., 1.69L = 169,000 lots).  Key OI Highlights (30 Sep Expiry): Total OI: ~1.86 Cr lots for calls vs. ~2.09 Cr lots for puts (initial shows puts slightly higher overall, but histogram suggests calls dominating ATM/OTM). Put-Call Ratio (PCR): Current 0.67 (down from 1.34 earlier in the week per OI vs. Time chart). A PCR <1 indicates bullish sentiment (more call writing/interest than puts), with the ratio declining sharply since 19 Sep, signaling increasing call dominance and potential upside momentum. Highest Call OI Strikes (resistance indicators, as call writers defend these levels): 55,500: ~9.78L lots (highest ATM concentration). 55,600: ~5.16L lots. 55,700: ~6.13L lots. Total calls OI buildup concentrated 55,500–55,700 (~20L+ lots combined). Highest Put OI...

 Analysis of OI Data, Change in OI, and Candlestick Chart Patterns The BANKNIFTY trading at 55,284.75 (down 0.31%), with data for the 30 Sep 2025 expiry (approximately 8 days away). The analysis is based on the option chain, OI changes, total OI metrics (including PCR), and the 15-minute candlestick chart. I'll break it down step by step. Candlestick Chart Patterns The 15-minute chart spans recent trading sessions (dates labeled 16, 18, 22, likely September), showing a clear short-term downtrend. Key observations: Overall Trend: Price opened higher around 55,900–55,800 earlier in the period but has since formed lower highs and lower lows, dropping to the current level of 55,284.75. This indicates selling pressure and bearish momentum. Recent Candles: The latest candles are predominantly red (bearish), with long wicks on the upside suggesting rejection at higher levels. There's a potential bearish engulfing pattern in the recent sessions, where a green candle is followed by a la...

let’s break this down step by step from oi and data  -- 1. Price & Candlestick Chart (BankNifty at 55,561 – 55,577 levels) Current price is consolidating around 55,500 – 55,600. Last few candles (15m chart) show rejection from 55,600 zone but also strong buying from 55,400 – 55,450 levels (long lower wicks, high volumes). Trend = sideways with slight bullish bias.-- 2. Open Interest Data (Expiry 30 Sep 2025) From OI & PCR data: PCR = 1.05 → Slightly bullish bias (more Puts than Calls). Put OI Addition (Support zones): 55,400 PE & 55,500 PE have strong additions → strong immediate support. 55,300 PE also has decent addition → next support zone. Call OI Addition (Resistance zones): 55,600 CE has fresh addition → immediate resistance. 56,000 CE is the biggest resistance (huge OI built-up). So: Support = 55,400 → 55,300 Resistance = 55,600 → 56,000 --- 3. Interpretation with VIX India VIX = 10.46 → very low volatility. This means premiums decay fast, and breakout moves may ...

 Analysis of OI Data, Change in OI, and Candlestick Chart Patterns (Bank Nifty, Sep 18, 2025. OI Data and Change in OI Current OI Profile (30 Sep 2025 Expiry Option Chain): Highest Call OI is at 55,800 (13.20L), followed by 56,000 (3.06L), indicating strong resistance from call writers. Highest Put OI is at 55,000 (24.80L), with significant build-up at 55,500 (21.50L), suggesting robust support from put writers. Max Pain is likely around 55,600-55,700, where the market may stabilize to minimize option sellers' losses. Change in OI: Calls: Notable unwinding at 55,300 (-71,820) and 55,400 (-1,140), indicating profit-taking or short covering by call sellers. Build-up at 55,800 (+42,840) shows fresh call writing, reinforcing resistance. Puts: Significant unwinding at 55,300 (-48,440) and 55,400 (-23,415), suggesting put sellers covering as price rises. Build-up at 55,000 (+5,945) and 55,500 (+8,855) indicates fresh put writing, strengthening support. PCR (Put-Call Ratio): Current PCR i...

let’s break this down step by step using the OI Data, Change in OI, and Chart patterns for BankNifty (Spot 55,493, +0.63%).-- 1. Option Chain & OI Analysis Highest Put OI (Support zones): 55,000 PE → 14.14 L OI (Strongest support). 55,200–55,300 PE (2.7–3.4 L OI each) also adding cushion. Highest Call OI (Resistance zones): 56,000 CE → 13.75 L OI (Strongest resistance). 55,500 CE → 8.44 L OI (Immediate resistance). OI Change: Puts gained fresh OI at 55200–55400, meaning traders are writing puts here = support base forming. Calls added at 55500–55600, meaning strong supply zone overhead. PCR (Put/Call Ratio): ~1.1–1.2 → slightly bullish but not overextended.--- 2. Chart (Price Action) BankNifty spot at 55,493. Just below Immediate resistance zone = 55,540–55,600 (dotted levels on chart). Supports visible at: 55,143 (first support). 54,852 (secondary support). Candles show a strong rally from 54,067 → now testing resistance supply zone.-- 3. Major Levels Support: 55,000 (major OI + p...

 Let’s break this down step by step using the OI data + change in OI + candlestick chart: 🔹 BANKNIFTY Snapshot CMP: 55,147 (+0.47%) India VIX: 10.27 → very low, so premiums will decay fast and sharp moves are less likely unless a breakout happens.--- 🔹 OPTION CHAIN DATA 1. PUT side (support levels): 55000 PE: 13.81L OI (highest Put OI) → Strong support. 54900–55100 PE: OI addition (3.5L avg) → buyers protecting this zone. So 55,000 is immediate strong support. 2. CALL side (resistance levels): 55200 CE: 3.26L OI → strong resistance. 55500 CE: 7.88L OI → major resistance. Above 55200, sellers active till 55500. 3. OI Change (intraday positioning): Put OI increased (+3.3L) → bullish support building. Call OI reduced (-1.46L) → short covering, bullish signal. --- 🔹 CHART ANALYSIS (4H Candlestick) Price is testing 55,150–55,185 zone (resistance). Previous breakout zone: 54,800–54,850 (support). Next resistance zone: 55,500 (as per OI + chart). --- 🔹 MAJOR LEVELS Support 1: 55,000 S...

let’s break this down step by step using your candlestick chart + OI data + PCR + VIX.- 1. Candlestick + Chart Pattern BankNifty CMP: 54,887 Pattern: Price is moving in a rising wedge (bearish reversal pattern). Immediate rejection near 55,000–55,100 zone (resistance). Key support levels on chart: 54,400 → 54,067.-- 2. OI Data Insights From option chain & OI analytics: Major Call OI buildup: 55,000 CE → 13.93 lakh OI (strong resistance). 55,200 & 55,300 CE also adding positions → upside capped. Major Put OI buildup: 54,800 PE → 3.20 lakh OI (immediate support). 55,000 PE → 10.63 lakh OI, but unwinding is visible. 54,400 PE → Weakening support (unwinding). PCR (Put/Call ratio): ~1.01 → neutral to slightly bullish, but no strong trend bias.--- 3. Change in OI (Intraday Data) Calls added at 55,000–55,200 CE → Strong resistance zone. Puts are unwinding below 54,600–54,700 → Weakening support. Fresh put addition only visible at 54,800 PE, so that’s the only real intraday base.-- 4. ...

let’s break this down step by step based on the OI data, option chain, PCR, and candlestick chart. 🔎 1. OI Data & Option Chain Analysis Max Call OI (Resistance): 55000 CE → 13.17L (Strongest resistance) 54500 CE → 5.84L (Immediate resistance, but unwinding seen -1.10L) Max Put OI (Support): 54500 PE → 9.95L (Major support, though some unwinding -57,890) 54400 PE → 2.60L (Next support, OI adding 25,235) OI Change: Puts are adding at 54800, 54900, showing short-term bullish bias. Calls are adding at 55000, creating a strong ceiling. PCR (Put/Call Ratio): Around 1.02–1.18 → Balanced to slightly bullish. 🔎 2. Chart Pattern Current price: 54809.30 Price has rallied into a rising wedge pattern (near-term bearish structure). Volumes are dropping while price is rising → showing possible tired upside momentum. Immediate levels visible: Resistance: 54850–55000 zone Support: 54580, 54067 (gap support), and 53560 --- 🔎 3. Support & Resistance (Based on OI + Chart) Strong Support: 54500–...

Detailed analysis of the Open Interest (OI) data, price action, and the resulting trade setup. Overall Market Context BANKNIFTY is trading at **54,669.60**, up 133.60 points (+0.24%). The market shows a neutral to slightly bullish bias in the very near term, but key levels from the option chain are defining the battle between bulls and bears. ### Major Support & Resistance Levels from OI Data The Option Chain (expiry 30 Sep 2025) provides the clearest picture of where the maximum open interest is building, which acts as a magnet for price and defines strong support and resistance. ***Strongest Resistance (Call Wall): 55,000**     This strike has the highest Call OI by a significant margin (**12.25 Lakh** contracts). This massive open interest will make it very difficult for the price to break and close above this level. It is the primary target for any bullish move and a level to sell into. ***Immediate Resistance: 54,800 - 54,900**     These strikes have notable...

BankNifty chart + OI data. Let’s break it down step by step for intraday: 🔎 Chart Analysis (15m TF) CMP: 54,536 Strong support zone: 54,400 – 54,450 (multiple rejections + OI Put buildup) Resistance zone: 54,700 – 54,705 (previous top + OI Call buildup) Price currently consolidating between 54,450 – 54,700 --- 📊 OI Data (30 Sep expiry) Highest Call OI: 55,000 CE (13.02L) → Strong resistance. Highest Put OI: 54,500 PE (9.70L) → Strong support. PCR ≈ 0.98 → Neutral to slightly bullish. OI Change: Calls at 54,600 & 55,000 added → Resistance developing. Puts at 54,500 & 54,400 added → Support building. 📌 Intraday Trade Plan 👉 Perfect intraday trade should be support buy / resistance sell with small SL. ✅ Long Trade (High Probability): Entry: Near 54,450–54,480 (support + Put writers strong) SL: 54,380 (just below support & OI level) Target 1: 54,650 Target 2: 54,700–54,720 ➡️ R:R ≈ 1:2, minimal stop-loss, high probability bounce. ❌ Short Trade (Only if Resistance Holds): En...

Based on the charts and OI data. Let’s combine the candlestick + OI analysis to frame intraday levels and trade setup for BankNifty.--- 🔎 Chart + OI Analysis 1. Candlestick & Price Action (15 min chart) Today’s range: High 54350.65 – Low 54079.45. Strong rejection at 54350–54450 zone (upper wick + high OI calls). Buyers defended 54080 zone (wick bounce + put OI support). Price closing near 54228, i.e., mid-range of the day. 2. Option Chain (30 Sep Expiry) Calls: 54300 CE → 2.73L OI 54400 CE → 2.10L OI 54500 CE → 7.79L OI (strong resistance) Puts: 54000 PE → 14.03L OI (major support) 54100 PE → 2.01L OI 54200 PE → 2.90L OI (fresh addition today) 👉 Interpretation: Strong support = 54000–54100 zone. Strong resistance = 54450–54500 zone. 3. OI Change Fresh call writing at 54300–54400, capping upside. Fresh put writing at 54200, showing bulls defending higher. 4. PCR (Put/Call Ratio) PCR = 0.92 → slightly bearish/neutral bias (not strongly bullish). 5. India VIX = 10.69 (-1.38%) Low v...

let’s break this down step by step using OI data + OI change + option chain + 15-min chart.- 1. Option Chain & OI Analysis Total Call OI > Total Put OI → Call writers are still stronger (1.56 Cr vs 1.44 Cr). PCR = 0.92 (near 1) → Neutral to slightly bearish bias. Highest Put OI: 54000 PE → 14.03L (Strong support). Next support: 54200 PE → 2.56L, but still weaker vs 54000. Highest Call OI: 54500 CE → 7.02L (Strong resistance). Next resistance: 54200 CE → 1.97L. 👉 So, 54000 is support, 54500 is resistance. --- 2. OI Change (Fresh Positions) At 54000 PE, +1.09L addition → support building. At 54100 CE, -1.18L unwinding → call writers exited, bullish sign. At 54200 CE, fresh addition (+95K) → near resistance. 👉 Market is building base at 54000, but upside capped near 54500.- 3. Chart (15 min Candle with Volumes) CMP: 54222. Recent swing high: 54518. Immediate support: 54067 (matching with OI support). Stronger support: 53559 (previous swing low). Volume spike candles confirm deman...

Based on both OI data and the 15-min chart of BankNifty with CMP at 54114. Let’s break this down step by step:- 🔹 1. Open Interest (OI) Data Analysis Total OI (30th Sep Expiry): Call OI: 1.58 Cr Put OI: 1.37 Cr PCR: 0.87 → Slightly bearish to neutral. Major Call Writing Zones (Resistance): 54500 CE: 7.27L OI (Highest) 54200 CE: 2.46L OI 54100 CE: 2.0L OI 👉 Strong supply zone between 54100 – 54500. Major Put Writing Zones (Support): 54000 PE: 13.14L OI (Highest support) 53900–53800 PE: ~1.7–1.8L OI 👉 Strong support at 54000, with buffer at 53800. OI Change (Intraday on 5th Sept): Heavy Call OI added at 54200–54500 → Bears defending higher levels. Put addition seen at 54000 → Bulls protecting base. --- 🔹 2. Chart (15-min) Technicals CMP: 54114 Immediate Support Zones: 54000 (OI + psychological + price cluster) 53720 (chart support, previous swing low) Immediate Resistance Zones: 54300 (chart & OI) 54450–54500 (major OI wall + price supply zone) Price action shows a bounce from 53...

Based on candlestick chart + option chain + OI analytics. Let’s break it step by step:--- 1. Price Action (Chart) BankNifty closed around 54,041 after a sharp fall and mild pullback. Strong demand candle formed near 53,800 – 53,900 (buyers stepped in). Short-term resistance is seen around 54,200 – 54,300 (multiple rejections).-- 2. OI Data Analysis 54000 Strike Call OI: 9.61L (reduced) → call writers exited. Put OI: 12.93L (added) → strong support forming. 👉 This suggests 54000 is a strong support zone. 54100 Strike Call OI: 1.90L (added) Put OI: 1.61L (mild build-up) 👉 Minor tussle zone, intraday volatility possible. 54500 Strike Call OI: 7.53L (added) → strong resistance. Put OI: 6.10L → some support, but weaker than call side. 👉 Clear resistance at 54500. --- 3. PCR (Put Call Ratio) Current PCR ≈ 0.87 – 0.90 → slightly bearish to neutral sentiment. But Put writing at 54000 shows bulls are defending this level.-- 4. Support & Resistance Zones Major Support: 53,800 – 54,000 (st...

Based on OI data, change in OI, PCR, option chain and candlestick chart for BankNifty (54067.55). Let’s break this down step by step for intraday trading:-- 1. OI Data & Option Chain Analysis Highest Put OI (Support) 54000 → 13.36L contracts (Strong support, also ATM) 53700–53800 also has decent Put OI → 2.1–2.2L Highest Call OI (Resistance) 54100 → 1.80L contracts 54500 → 6.95L contracts (Major resistance) OI Change Puts added at 53600–54000 → Support is shifting upwards. Calls added at 54100–54500 → Strong resistance ahead. At 54000 → Call OI reduced (short covering) and Put OI increased (writing) = Bullish signal. PCR Current PCR ~0.83 (below 1 = Call writers stronger). But Put writing at 54000 is showing buyers defending. --- 2. Candlestick & Price Action Price closed at 54096, after bouncing from 53669 (day low). Strong bullish candle near support with volume = Buyers active around 53700–54000. Chart shows short-term recovery from the downtrend. --- 3. Major Levels Support...

 let’s break this down step by step using the OI data, OI change, and candlestick chart. 1. Price Action & Candlestick Chart  CMP = 53,661 (-0.63%) Trend: Clearly downtrend with lower highs and lower lows. Recent candle: Selling pressure continued after a small pullback → weakness is intact. Support seen near 53,550 – 53,600 zone (recent low). If that breaks, next support = 52,500 (previous swing low visible on chart). Resistance near 54,000 – 54,200 (recent rejection zone + OI data confirms).-- 2. OI Data (Option Chain + Analytics) Call OI (Resistance) 54,000 CE: 12L OI (huge addition of 41K) → Strong resistance. 53,700 CE & 53,800 CE also have 1.3–1.8L OI → resistance zone just above CMP. Put OI (Support) 53,500 PE: 5.7L OI (20K addition) → immediate support. 53,600 PE: 1.1L OI (42K addition) → added support. Below that, next support around 53,000–52,500. PCR (Put Call Ratio) Overall PCR ≈ 0.84 → indicates bearish bias (more call writing than put writing).-- 3. OI Ch...

Based on candlestick chart + option chain + OI analytics. Let’s combine them step by step: 1. Candlestick Price Action  BankNifty fell sharply from ~55,800 to ~53,800 levels. Now it’s trying to bounce back, with a small base forming around 53,800 – 54,000. Current price: 54,002 (slightly above intraday low). Trend is still weak (series of red candles), but a pullback is visible. --- 2. Option Chain  54000 CE OI: 9.08L (heavy call writing → resistance). 54100 CE OI: 11.5L (resistance). 54200 CE OI: 18.3L (strong resistance). On Put side: 54000 PE OI: 12.6L (strong support). 53900 PE OI: 14.9L (support). 53800 PE OI: 19.3L (very strong support). 👉 Interpretation: Strong support zone: 53,800 – 54,000. Resistance zone: 54,100 – 54,200. --- 3. OI Change (Chart 3 & 4) Significant Put writing at 53800 & 54000 → bulls defending these levels. Calls built up at 54100 & 54200 → upside capped. PCR ~0.89 → slightly bearish to neutral bias. --- 4. Levels Summary Support (buyers...