Option Matrix · Bank Nifty
DashboardLive SignalOption ChainChartsLevelsBank StocksExpiryLearnFAQ
Paper Trade Free
Bank Nifty · Live Data & Signals · NSE
Bank Nifty Prediction Today — Live Price, Option Chain & Signal
Follow Nifty Bank (BANKNIFTY) with a live price dashboard, option chain, PCR, max pain and open-interest walls, support–resistance levels and a transparent rule-based 15-minute signal. Built for learning and paper trading — every number shows its source and method.
···· ····Support S1 · S2
···· ····Resistance R1 · R2
···Day bias vs pivot
···15m trend setup
···PCR (OI) skew
Rule-based · Paper only
Bank Nifty paper-trade scenario WAITING
Waiting for live sentiment and fresh 15-minute / open-interest data…
Entry zone · pts—
Stop loss · pts—
Target · pts—
15m confirm: Waiting…
Today · 0 logged · Journal win rate — (0 closed)
Level method & risk note
Paper scenarios require fresh 15-minute confirmation plus same-direction pivot and ΔOI confluence. Entry, stop and target are rule-based estimates from the day pivot and recent 15-minute range — not guaranteed accurate. The journal is stored only in your browser; its win rate is your small local sample, not a backtest or a prediction. No real orders are placed; brokerage, taxes and slippage are not modelled. Bank Nifty options can lose the full premium quickly — practise on paper first.
Today's paper journal
No scenarios logged today. Use “Log to Paper Journal” when a scenario is active.
📊 Bank Nifty market snapshot
Checking market…
🕒 --:--:-- IST
📅 Next monthly expiry: …
🏦 Bank Nifty NIFTY BANK · ^NSEBANK · NSE
Gap —··············
Day low —Prev close —Day high —
Open—
High—
Low—
Day range—
Connecting… Free public feed — may be delayed. Verify on NSE / your broker before any decision.
🧾 BANKNIFTY contract snapshot
| Expiry | Monthly · last Tuesday |
| Days to expiry | — |
| Lot size | 30 units (from Jan 2026 series — re-check NSE) |
| Strike interval | 100 points |
| Weekly options | Discontinued (Nov 2024) |
| Expected move* | — |
*Expected move = ATM call + put premium (straddle) from the live chain below. Full contract & expiry guide ↓
🧭 Bank Nifty sentiment score
Calculating… waiting for live feeds…-- /100
Calculating…
0–25 Bearish · 25–45 Weak · 45–55 Neutral · 55–75 Positive · 75–100 Strong
Option chain · PCR & ΔOI waiting
Technical momentum · 15m EMA + RSI waiting
Bank-stock breadth waiting
Relative strength vs Nifty waiting
Volatility comfort · India VIX waiting
Score uses option-chain data, 15-minute trend, bank breadth, Nifty relative strength and VIX. Context only — not a trade signal on its own.
Loading Bank Nifty constituents…
Special · Data & Signal
Bank Nifty live signal — with every reason shown
No black-box “sure shot” calls. The verdict below is a transparent rule-based score. Each factor is listed live so you can agree, disagree and journal it — exactly how a disciplined paper-trading process should work.
WAITING FOR DATA
Collecting live data…
The signal activates when price, 15-minute trend and option-chain data are all fresh.
Signal strength —
Reference entry zone—
Invalidation (stop ref.)—
Target 1 ref.—
Target 2 ref.—
Reference levels use the day pivot + recent 15-minute average range. For paper trading and learning only — convert to an option plan with the Risk Management Calculator before risking any capital.
✅ Confluence checklist (live)
| Factor | Live reading | Lean |
|---|---|---|
| Price vs day pivot | waiting | — |
| 15m EMA 9 / 21 trend | waiting | — |
| RSI (14) · 15m | waiting | — |
| PCR (OI) zone | waiting | — |
| Change in OI (ΔOI) | waiting | — |
| OI walls distance | waiting | — |
| Bank-stock breadth | waiting | — |
| Vs Nifty (relative strength) | waiting | — |
Rule of thumb taught on Option Matrix: trade only when price + trend + OI agree. Mixed readings = “Neutral / wait” is also a valid decision.
🔮 Tomorrow's view — 4 scenarios to prepare (not one blind prediction)
Gap up
Opens above R1
Bullish only if the first 15m candle holds above R1 and call writers unwind (call ΔOI falls). Failure back below R1 = trap risk; wait for retest.
Gap down
Opens below S1
Weak only if price stays below S1 with fresh put writing shifting lower. A quick reclaim of S1 with HDFC/ICICI recovery can flip the day.
Range day
Opens near pivot
Expect chop between S1–R1 while PCR stays mid-range. Premium decay hurts option buyers — smaller size, defined-risk spreads, or simply observe.
Expiry week
Monthly expiry (last Tue)
Watch max pain + OI walls tightening around spot. Moves can be sharp after 2:30 PM as positions unwind — paper-trade expiry behaviour first.
How is the signal score calculated? (full method)
Points (total −100 to +100, mapped to 0–100): price vs pivot ±15 · 15m EMA9/21 direction ±20 · RSI band ±10 (reduced at extremes >75 / <25 to flag exhaustion) · PCR zone ±20 (≥1.2 supportive, 0.8–1.2 neutral, <0.7 weak) · net ΔOI direction ±15 · bank breadth ±10 · relative strength vs Nifty ±10. Score ≥ +35 = Bullish bias, ≤ −35 = Bearish bias, in-between = Neutral. The paper scenario additionally needs the 15-minute close to confirm in the same direction. Past factor behaviour does not guarantee future results.
Live Derivatives
Bank Nifty option chain
Live NSE BANKNIFTY option-chain data: PCR, max pain, ATM strike, implied volatility, open interest and change in OI around the money. Refreshes about every 60 seconds when the feed allows.
⛓️ Live BANKNIFTY chain
Underlying — Fetching live data…PCR (OI)······Put OI ÷ Call OI
Max Pain······Expiry reference level
ATM Strike······ATM IV —
Expected move······ATM straddle premium
Total Call OI······Δ —
Total Put OI······Δ —
Call writers······Max call ΔOI strike
Put writers······Max put ΔOI strike
🧱 Call OI wall — watched resistance
—
Highest call open interest. Call writers expect price to stay below — until they unwind.🧱 Put OI wall — watched support
—
Highest put open interest. Put writers expect price to stay above — shifting lower is a warning.| Call OI | Call ΔOI | Call LTP | Strike | Put LTP | Put ΔOI | Put OI |
|---|---|---|---|---|---|---|
| Loading strikes around ATM… | ||||||
◄ Scroll sideways on mobile to see all columns ►
PCR is one sentiment clue — never a signal on its own. Max pain estimates where aggregate option buyers may lose most at expiry. Always cross-check on the official NSE option chain ↗.
Live Charts
Bank Nifty 15-minute chart, RSI & OI charts
Completed 15-minute candles with EMA 9/21 and Wilder RSI (14) — the same timeframe used for signal confirmation — plus open interest by strike and intraday ΔOI balance.
🕯️ Bank Nifty · 15-minute candles
Pattern: collecting…EMA 9EMA 21Day pivotCollecting…
RSI (14) · 15m
RSI above 60 with rising EMA = momentum with trend; RSI above 75 or below 25 warns of exhaustion. Divergence (price new extreme, RSI not confirming) is a caution flag, not an entry by itself.
📊 Open interest by strike (near ATM)
Call OIPut OI
⚖️ Put ΔOI vs Call ΔOI · this session
Put ΔOICall ΔOISamples collect while this page stays open; resets on reload.
Support & Resistance
Bank Nifty levels for today
Classic pivot levels from the previous trading day, merged with live OI walls. Treat every level as a zone of interest (±30–50 pts in Bank Nifty), not an exact turning point.
🪜 Level ladder (spot marked live)
Loading levels…
Previous day OHLC loading…
🧮 How these levels are calculated
| Pivot (P) | (Prev High + Prev Low + Prev Close) ÷ 3 |
| R1 / S1 | (2 × P) − Prev Low / (2 × P) − Prev High |
| R2 / S2 | P + (High − Low) / P − (High − Low) |
| R3 / S3 | High + 2 × (P − Low) / Low − 2 × (High − P) |
Above pivot + put writing at S1 → dip-buying bias; watch R1, then the call wall.
Below pivot + call writing at R1 → sell-on-rise bias; watch S1, then the put wall.
Level breaks on a 15m close with ΔOI unwinding against writers → move can extend to the next level fast.
Index Constituents
Bank stocks moving Bank Nifty
Nifty Bank is driven by its heavyweights — HDFC Bank and ICICI Bank together are roughly one-third of the index on the NSE factsheet. When the top banks disagree, Bank Nifty chops; when they align, it trends.
🟢 Advances: —🔴 Declines: —⚖️ Breadth: waitingWeights below are indicative (Nifty Indices factsheet, rounded) and change daily — see the latest factsheet on niftyindices.com.
Expiry & Contract Guide · 2026
Bank Nifty expiry, lot size & contract details
Bank Nifty no longer has weekly expiry. Knowing the current contract rules prevents the most common beginner mistake — trading an old expiry setup from outdated videos.
🧾 Contract specification
| Underlying | Nifty Bank Index (BANKNIFTY), NSE |
| Expiry | Monthly only — last Tuesday of the expiry month; previous trading day if holiday |
| Weekly options | Discontinued — last weekly expiry 13 Nov 2024 (SEBI/NSE rationalisation) |
| Lot size | 30 units (from 27 Jan 2026 monthly expiry; earlier 35) |
| Strike interval | 100 points |
| Tick size | ₹0.05 (options premium) |
| Trading hours | 9:15 AM – 3:30 PM IST, Mon–Fri (exchange holidays excluded) |
| Settlement | Cash-settled index derivatives |
| 1-lot value | Spot × 30 (live): — |
Lot sizes and expiry rules change by exchange circular. Verify the current month on NSE ↗ / your broker terminal before trading.
📅 Upcoming BANKNIFTY monthly expiries
| Expiry (last Tuesday) | Days away | Type |
|---|---|---|
| Calculating… | ||
Loaded live from NSE's listed BANKNIFTY expiries, holiday shifts included (for example, an expiry moving to Monday when the last Tuesday is a trading holiday). The last-Tuesday rule is used only as a fallback — always confirm the final date in the NSE circular.
Expiry-day behaviour: premiums decay fastest on the last Tuesday. Max pain and OI walls matter most that week, but a heavyweight-bank news move can break any wall. Study expiries on the paper-trade tool before using real money.
Daily Routine
How to read this page in 5 minutes every morning
8:45–9:00 AM — Global check: GIFT Nifty on the Option Matrix homepage dashboard, plus the USD/INR, Gold and India VIX cards above. Big overnight gap expected? Note it against R1/S1.
9:15–9:30 AM — First candle: Do not rush. Let the first 15-minute candle close; check price vs pivot and which heavyweight banks lead.
9:30 AM — Option chain: PCR direction, fresh ΔOI at strikes near spot, and whether OI walls sit near pivot levels (confluence).
Signal check: At least price + EMA trend + OI must agree. Read the checklist line-by-line; if mixed, your plan for the day is “wait”.
Risk first: Fix max loss per trade (many learners use ≤1% of capital), size with the risk calculator, then — and only then — consider a paper or real plan.
3:30 PM — Journal: Log what the data said vs what price did. Tomorrow's view is built from today's close, PCR and writer positions.
🏦 Why Bank Nifty moves the way it does
| Heavyweight banks | HDFC Bank / ICICI Bank results or block deals can move the index 300–500 pts alone. |
| RBI & rates | Repo-rate decisions, credit growth and bond yields reprice the whole banking sector together. |
| FII flows | Financials are the largest FII holding in India — global risk-off hits banks first. Official FII/DII report ↗ |
| PSU vs private split | SBI, PNB, Bank of Baroda, Canara often lead on policy/credit news while private banks lead on earnings. |
| Monthly expiry positioning | Writer positions now build for a month, so OI walls are larger and breakouts near expiry can be violent. |
🔍 Bank Nifty prediction for tomorrow — the 6-point method
1) Close vs pivot & day candle shape · 2) PCR and where ΔOI was added into the close · 3) Max pain vs spot gap · 4) HDFC/ICICI/SBI closes vs their day levels · 5) India VIX change (rising VIX = wider expected range) · 6) GIFT Nifty + global cues next morning. Convert these into gap-up / gap-down / range plans — this page's scenario cards — instead of one fixed “target”.
Free Tools
Tools to use with this Bank Nifty page
The same free toolkit as the Option Matrix homepage — sized, costed and practised before any live trade.
📝
Paper Trade
Practise Bank Nifty scenarios with virtual money and build a journal.
Start paper trading →🛡️
Risk Management Calculator
Position size and per-trade loss limit for a 30-unit BANKNIFTY lot.
Manage risk →🧾
Brokerage Calculator
Charges and breakeven for index F&O trades before you enter.
Calculate →🔎
Stock Screener
Study individual bank stocks driving the index each day.
Screen stocks →Learn Bank Nifty
Choose a topic to master
Structured lessons from the Option Matrix library, ordered the way a Bank Nifty learner should actually study them.
📈
Technical Analysis
Trends, EMA, RSI and chart patterns on 15m Bank Nifty candles.
Explore lesson →⛓️
Option Chain Analysis
OI, PCR, IV and monthly-expiry behaviour — the core of this page.
Read the blog →🕯️
Price Action
Breakouts, failed breaks and level retests at S/R zones.
Master price action →⚙️
Derivatives Trading
Calls, puts, Greeks and defined-risk spreads for index options.
Learn F&O →🏠
Nifty + Full Dashboard
GIFT Nifty, Nifty chain, breadth and FII/DII on the homepage.
Open homepage →📰
Stock Market News
RBI updates, bank results and cues that move Nifty Bank.
Read news →🎯
Risk Management
Survive Bank Nifty's speed: sizing, stops and daily loss caps.
Plan risk →🧰
All Tools
Calculators, screeners, analysis and paper trading in one place.
Open all tools →PK
About the Founder
Mr. Pranjal Kalita
Founder & Market Educator at Option Matrix India (Jorhat, Assam) — derivatives and option-chain analysis, technical analysis, price action and process-driven risk management, taught in simple language for Indian traders.
FAQ
Bank Nifty — frequently asked questions
What is the Bank Nifty prediction for today?
Use the live bias on this page: price versus the day pivot, 15-minute EMA trend and RSI, PCR and change in OI, plus bank-stock breadth. Majority agreement above the pivot = positive bias; below the pivot with call writing = negative bias. It is an educational framework — markets can move against any view, so always define risk first.
How can I predict Bank Nifty for tomorrow?
After the close, record: close vs pivot, end-of-day PCR and max pain, strikes where writers added OI, HDFC Bank/ICICI Bank/SBI closes, India VIX, and next-morning GIFT Nifty. Mark tomorrow's pivot levels from today's high-low-close and prepare gap-up, gap-down and range plans (see the 4 scenario cards near the live signal) instead of betting on one number.
What is Bank Nifty expiry day and lot size in 2026?
Monthly expiry only — the last Tuesday of the month on NSE (previous trading day if a holiday). Weekly Bank Nifty options ended in November 2024. Lot size is 30 units from the January 2026 expiry. Rules change through NSE circulars, so confirm the live contract on NSE or your broker before trading.
What are today's Bank Nifty support and resistance levels?
The Levels section above computes classic pivots (S1–S3, Pivot, R1–R3) from the previous day's high, low and close, and the option chain adds OI walls — highest put OI as watched support, highest call OI as watched resistance. When a pivot level and an OI wall sit together, that zone deserves extra respect. Levels fail often in fast markets; use 15-minute closes for confirmation.
What is PCR and how should I use it for Bank Nifty?
PCR (OI) = total put open interest ÷ total call open interest for the selected expiry. Broadly: PCR rising with put writing near spot is supportive; PCR falling with call writing overhead is resistive; very high PCR (>1.5) can mean crowded puts and squeeze risk. Always read PCR with price — a high PCR while price breaks support is a warning, not a buy signal.
What is Max Pain in Bank Nifty options?
The strike at which aggregate option buyers would lose the most at expiry based on current OI. It is most watched in monthly expiry week as a reference “magnet” zone, but strong institutional flow regularly pushes settlement away from max pain.
What is Open Interest (OI) and Change in OI?
OI is the number of open (not yet squared-off) contracts. Change in OI is today's net addition. Fresh put OI below spot usually means writers are defending support; fresh call OI above spot means writers are capping upside. Writers unwinding (negative ΔOI at a wall) often precedes a fast move through that level.
Why is Bank Nifty more volatile than Nifty 50?
It holds only banking stocks and is top-heavy (HDFC Bank and ICICI Bank dominate). RBI policy, rate expectations, credit data and FII financial-sector flows move all constituents together, producing daily ranges several times larger in points than Nifty — and proportionally faster option premium swings.
Which stocks are in Bank Nifty?
The index holds the most liquid large banking stocks — including HDFC Bank, ICICI Bank, State Bank of India, Axis Bank, Kotak Mahindra Bank, Federal Bank, IndusInd Bank, AU Small Finance Bank, IDFC First Bank, Bank of Baroda, Punjab National Bank, Canara Bank, Union Bank of India and Yes Bank (constituents are reviewed by NSE Indices; check the latest factsheet for the current list and weights). Live member prices and breadth are tracked in the Bank Stocks section above.
What is the best timeframe for Bank Nifty intraday study?
Many learners use the 15-minute chart for structure (trend, levels, candle closes) and a lower timeframe only for execution practice on paper. This page standardises on completed 15-minute candles for EMA/RSI so that one noisy tick cannot flip the signal.
How much capital is needed for one lot of Bank Nifty?
For buying options, the premium paid × 30 (lot size) plus charges — the exact premium changes every minute. For futures or option writing, exchange SPAN + exposure margin applies and is far higher. Use the brokerage and risk calculators linked above, and remember an option buyer can lose the entire premium.
Is the live signal on this page a buy/sell recommendation?
No. Option Matrix India is an educational platform, not a SEBI-registered investment adviser for personalised advice. The score is a transparent study tool for paper trading and journaling. SEBI's studies repeatedly show that around 9 out of 10 individual equity F&O traders lose money — please learn, paper-trade, and consult a registered adviser for personal financial decisions.
Why does the data sometimes show “waiting” or differ from my broker?
This page requests free public endpoints (Yahoo Finance charts and the NSE option-chain API) through public CORS gateways, the same approach as the homepage. Feeds can be delayed, throttled or briefly blocked, especially near market open. Your broker/NSE terminal is always the final source for trading decisions.
What is India VIX and why is it on a Bank Nifty page?
India VIX measures expected 30-day volatility from Nifty options. Rising VIX generally means wider Bank Nifty ranges and costlier premiums (good for neither late buyers nor naked writers); falling VIX supports calmer, range-bound sessions. It is a risk gauge, not a direction indicator.
Daily Market Brief
Get the Bank Nifty morning brief
Key levels, overnight cues and the day's option-chain context — the same checklist used on this page, in your inbox. Free, educational, no spam.
Learn Bank Nifty with data, not tips
Open this page every morning, read the checklist, paper-trade the scenario and journal the result. That boring, repeatable process — not any single prediction — is what actually builds skill.
Data sources & delay: Index/stock candles via Yahoo Finance public chart API; option chain via NSE's public option-chain API requested through CORS gateways. Feeds may be delayed, incomplete or unavailable — verify all values on nseindia.com or your broker before relying on them. OI, PCR, max pain, sentiment and signal figures are heuristic educational reference points calculated in your browser.
Risk disclosure: For education only — not investment advice, not a recommendation to buy or sell any security or derivative. Equity derivatives carry a high risk of loss; SEBI studies show most individual F&O traders lose money. Consult a SEBI-registered investment adviser for personal advice. · Contact · Founder · About Us · © 2026 Option Matrix India.
Option Matrix · Bank Nifty
DashboardLive SignalOption ChainChartsLevelsBank StocksExpiryLearnFAQ
Paper Trade Free
Bank Nifty · Live Data & Signals · NSE
Bank Nifty Prediction Today — Live Price, Option Chain & Signal
Follow Nifty Bank (BANKNIFTY) with a live price dashboard, option chain, PCR, max pain and open-interest walls, support–resistance levels and a transparent rule-based 15-minute signal. Built for learning and paper trading — every number shows its source and method.
···· ····Support S1 · S2
···· ····Resistance R1 · R2
···Day bias vs pivot
···15m trend setup
···PCR (OI) skew
Rule-based · Paper only
Bank Nifty paper-trade scenario WAITING
Waiting for live sentiment and fresh 15-minute / open-interest data…
Entry zone · pts—
Stop loss · pts—
Target · pts—
15m confirm: Waiting…
Today · 0 logged · Journal win rate — (0 closed)
Level method & risk note
Paper scenarios require fresh 15-minute confirmation plus same-direction pivot and ΔOI confluence. Entry, stop and target are rule-based estimates from the day pivot and recent 15-minute range — not guaranteed accurate. The journal is stored only in your browser; its win rate is your small local sample, not a backtest or a prediction. No real orders are placed; brokerage, taxes and slippage are not modelled. Bank Nifty options can lose the full premium quickly — practise on paper first.
Today's paper journal
No scenarios logged today. Use “Log to Paper Journal” when a scenario is active.
📊 Bank Nifty market snapshot
Checking market…
🕒 --:--:-- IST
📅 Next monthly expiry: …
🏦 Bank Nifty NIFTY BANK · ^NSEBANK · NSE
Gap —··············
Day low —Prev close —Day high —
Open—
High—
Low—
Day range—
Connecting… Free public feed — may be delayed. Verify on NSE / your broker before any decision.
🧾 BANKNIFTY contract snapshot
| Expiry | Monthly · last Tuesday |
| Days to expiry | — |
| Lot size | 30 units (from Jan 2026 series — re-check NSE) |
| Strike interval | 100 points |
| Weekly options | Discontinued (Nov 2024) |
| Expected move* | — |
*Expected move = ATM call + put premium (straddle) from the live chain below. Full contract & expiry guide ↓
🧭 Bank Nifty sentiment score
Calculating… waiting for live feeds…-- /100
Calculating…
0–25 Bearish · 25–45 Weak · 45–55 Neutral · 55–75 Positive · 75–100 Strong
Option chain · PCR & ΔOI waiting
Technical momentum · 15m EMA + RSI waiting
Bank-stock breadth waiting
Relative strength vs Nifty waiting
Volatility comfort · India VIX waiting
Score uses option-chain data, 15-minute trend, bank breadth, Nifty relative strength and VIX. Context only — not a trade signal on its own.
Loading Bank Nifty constituents…
Special · Data & Signal
Bank Nifty live signal — with every reason shown
No black-box “sure shot” calls. The verdict below is a transparent rule-based score. Each factor is listed live so you can agree, disagree and journal it — exactly how a disciplined paper-trading process should work.
WAITING FOR DATA
Collecting live data…
The signal activates when price, 15-minute trend and option-chain data are all fresh.
Signal strength —
Reference entry zone—
Invalidation (stop ref.)—
Target 1 ref.—
Target 2 ref.—
Reference levels use the day pivot + recent 15-minute average range. For paper trading and learning only — convert to an option plan with the Risk Management Calculator before risking any capital.
✅ Confluence checklist (live)
| Factor | Live reading | Lean |
|---|---|---|
| Price vs day pivot | waiting | — |
| 15m EMA 9 / 21 trend | waiting | — |
| RSI (14) · 15m | waiting | — |
| PCR (OI) zone | waiting | — |
| Change in OI (ΔOI) | waiting | — |
| OI walls distance | waiting | — |
| Bank-stock breadth | waiting | — |
| Vs Nifty (relative strength) | waiting | — |
Rule of thumb taught on Option Matrix: trade only when price + trend + OI agree. Mixed readings = “Neutral / wait” is also a valid decision.
🔮 Tomorrow's view — 4 scenarios to prepare (not one blind prediction)
Gap up
Opens above R1
Bullish only if the first 15m candle holds above R1 and call writers unwind (call ΔOI falls). Failure back below R1 = trap risk; wait for retest.
Gap down
Opens below S1
Weak only if price stays below S1 with fresh put writing shifting lower. A quick reclaim of S1 with HDFC/ICICI recovery can flip the day.
Range day
Opens near pivot
Expect chop between S1–R1 while PCR stays mid-range. Premium decay hurts option buyers — smaller size, defined-risk spreads, or simply observe.
Expiry week
Monthly expiry (last Tue)
Watch max pain + OI walls tightening around spot. Moves can be sharp after 2:30 PM as positions unwind — paper-trade expiry behaviour first.
How is the signal score calculated? (full method)
Points (total −100 to +100, mapped to 0–100): price vs pivot ±15 · 15m EMA9/21 direction ±20 · RSI band ±10 (reduced at extremes >75 / <25 to flag exhaustion) · PCR zone ±20 (≥1.2 supportive, 0.8–1.2 neutral, <0.7 weak) · net ΔOI direction ±15 · bank breadth ±10 · relative strength vs Nifty ±10. Score ≥ +35 = Bullish bias, ≤ −35 = Bearish bias, in-between = Neutral. The paper scenario additionally needs the 15-minute close to confirm in the same direction. Past factor behaviour does not guarantee future results.
Live Derivatives
Bank Nifty option chain
Live NSE BANKNIFTY option-chain data: PCR, max pain, ATM strike, implied volatility, open interest and change in OI around the money. Refreshes about every 60 seconds when the feed allows.
⛓️ Live BANKNIFTY chain
Underlying — Fetching live data…PCR (OI)······Put OI ÷ Call OI
Max Pain······Expiry reference level
ATM Strike······ATM IV —
Expected move······ATM straddle premium
Total Call OI······Δ —
Total Put OI······Δ —
Call writers······Max call ΔOI strike
Put writers······Max put ΔOI strike
🧱 Call OI wall — watched resistance
—
Highest call open interest. Call writers expect price to stay below — until they unwind.🧱 Put OI wall — watched support
—
Highest put open interest. Put writers expect price to stay above — shifting lower is a warning.| Call OI | Call ΔOI | Call LTP | Strike | Put LTP | Put ΔOI | Put OI |
|---|---|---|---|---|---|---|
| Loading strikes around ATM… | ||||||
◄ Scroll sideways on mobile to see all columns ►
PCR is one sentiment clue — never a signal on its own. Max pain estimates where aggregate option buyers may lose most at expiry. Always cross-check on the official NSE option chain ↗.
Live Charts
Bank Nifty 15-minute chart, RSI & OI charts
Completed 15-minute candles with EMA 9/21 and Wilder RSI (14) — the same timeframe used for signal confirmation — plus open interest by strike and intraday ΔOI balance.
🕯️ Bank Nifty · 15-minute candles
Pattern: collecting…EMA 9EMA 21Day pivotCollecting…
RSI (14) · 15m
RSI above 60 with rising EMA = momentum with trend; RSI above 75 or below 25 warns of exhaustion. Divergence (price new extreme, RSI not confirming) is a caution flag, not an entry by itself.
📊 Open interest by strike (near ATM)
Call OIPut OI
⚖️ Put ΔOI vs Call ΔOI · this session
Put ΔOICall ΔOISamples collect while this page stays open; resets on reload.
Support & Resistance
Bank Nifty levels for today
Classic pivot levels from the previous trading day, merged with live OI walls. Treat every level as a zone of interest (±30–50 pts in Bank Nifty), not an exact turning point.
🪜 Level ladder (spot marked live)
Loading levels…
Previous day OHLC loading…
🧮 How these levels are calculated
| Pivot (P) | (Prev High + Prev Low + Prev Close) ÷ 3 |
| R1 / S1 | (2 × P) − Prev Low / (2 × P) − Prev High |
| R2 / S2 | P + (High − Low) / P − (High − Low) |
| R3 / S3 | High + 2 × (P − Low) / Low − 2 × (High − P) |
Above pivot + put writing at S1 → dip-buying bias; watch R1, then the call wall.
Below pivot + call writing at R1 → sell-on-rise bias; watch S1, then the put wall.
Level breaks on a 15m close with ΔOI unwinding against writers → move can extend to the next level fast.
Index Constituents
Bank stocks moving Bank Nifty
Nifty Bank is driven by its heavyweights — HDFC Bank and ICICI Bank together are roughly one-third of the index on the NSE factsheet. When the top banks disagree, Bank Nifty chops; when they align, it trends.
🟢 Advances: —🔴 Declines: —⚖️ Breadth: waitingWeights below are indicative (Nifty Indices factsheet, rounded) and change daily — see the latest factsheet on niftyindices.com.
Expiry & Contract Guide · 2026
Bank Nifty expiry, lot size & contract details
Bank Nifty no longer has weekly expiry. Knowing the current contract rules prevents the most common beginner mistake — trading an old expiry setup from outdated videos.
🧾 Contract specification
| Underlying | Nifty Bank Index (BANKNIFTY), NSE |
| Expiry | Monthly only — last Tuesday of the expiry month; previous trading day if holiday |
| Weekly options | Discontinued — last weekly expiry 13 Nov 2024 (SEBI/NSE rationalisation) |
| Lot size | 30 units (from 27 Jan 2026 monthly expiry; earlier 35) |
| Strike interval | 100 points |
| Tick size | ₹0.05 (options premium) |
| Trading hours | 9:15 AM – 3:30 PM IST, Mon–Fri (exchange holidays excluded) |
| Settlement | Cash-settled index derivatives |
| 1-lot value | Spot × 30 (live): — |
Lot sizes and expiry rules change by exchange circular. Verify the current month on NSE ↗ / your broker terminal before trading.
📅 Upcoming BANKNIFTY monthly expiries
| Expiry (last Tuesday) | Days away | Type |
|---|---|---|
| Calculating… | ||
Loaded live from NSE's listed BANKNIFTY expiries, holiday shifts included (for example, an expiry moving to Monday when the last Tuesday is a trading holiday). The last-Tuesday rule is used only as a fallback — always confirm the final date in the NSE circular.
Expiry-day behaviour: premiums decay fastest on the last Tuesday. Max pain and OI walls matter most that week, but a heavyweight-bank news move can break any wall. Study expiries on the paper-trade tool before using real money.
Daily Routine
How to read this page in 5 minutes every morning
8:45–9:00 AM — Global check: GIFT Nifty on the Option Matrix homepage dashboard, plus the USD/INR, Gold and India VIX cards above. Big overnight gap expected? Note it against R1/S1.
9:15–9:30 AM — First candle: Do not rush. Let the first 15-minute candle close; check price vs pivot and which heavyweight banks lead.
9:30 AM — Option chain: PCR direction, fresh ΔOI at strikes near spot, and whether OI walls sit near pivot levels (confluence).
Signal check: At least price + EMA trend + OI must agree. Read the checklist line-by-line; if mixed, your plan for the day is “wait”.
Risk first: Fix max loss per trade (many learners use ≤1% of capital), size with the risk calculator, then — and only then — consider a paper or real plan.
3:30 PM — Journal: Log what the data said vs what price did. Tomorrow's view is built from today's close, PCR and writer positions.
🏦 Why Bank Nifty moves the way it does
| Heavyweight banks | HDFC Bank / ICICI Bank results or block deals can move the index 300–500 pts alone. |
| RBI & rates | Repo-rate decisions, credit growth and bond yields reprice the whole banking sector together. |
| FII flows | Financials are the largest FII holding in India — global risk-off hits banks first. Official FII/DII report ↗ |
| PSU vs private split | SBI, PNB, Bank of Baroda, Canara often lead on policy/credit news while private banks lead on earnings. |
| Monthly expiry positioning | Writer positions now build for a month, so OI walls are larger and breakouts near expiry can be violent. |
🔍 Bank Nifty prediction for tomorrow — the 6-point method
1) Close vs pivot & day candle shape · 2) PCR and where ΔOI was added into the close · 3) Max pain vs spot gap · 4) HDFC/ICICI/SBI closes vs their day levels · 5) India VIX change (rising VIX = wider expected range) · 6) GIFT Nifty + global cues next morning. Convert these into gap-up / gap-down / range plans — this page's scenario cards — instead of one fixed “target”.
Free Tools
Tools to use with this Bank Nifty page
The same free toolkit as the Option Matrix homepage — sized, costed and practised before any live trade.
📝
Paper Trade
Practise Bank Nifty scenarios with virtual money and build a journal.
Start paper trading →🛡️
Risk Management Calculator
Position size and per-trade loss limit for a 30-unit BANKNIFTY lot.
Manage risk →🧾
Brokerage Calculator
Charges and breakeven for index F&O trades before you enter.
Calculate →🔎
Stock Screener
Study individual bank stocks driving the index each day.
Screen stocks →Learn Bank Nifty
Choose a topic to master
Structured lessons from the Option Matrix library, ordered the way a Bank Nifty learner should actually study them.
📈
Technical Analysis
Trends, EMA, RSI and chart patterns on 15m Bank Nifty candles.
Explore lesson →⛓️
Option Chain Analysis
OI, PCR, IV and monthly-expiry behaviour — the core of this page.
Read the blog →🕯️
Price Action
Breakouts, failed breaks and level retests at S/R zones.
Master price action →⚙️
Derivatives Trading
Calls, puts, Greeks and defined-risk spreads for index options.
Learn F&O →🏠
Nifty + Full Dashboard
GIFT Nifty, Nifty chain, breadth and FII/DII on the homepage.
Open homepage →📰
Stock Market News
RBI updates, bank results and cues that move Nifty Bank.
Read news →🎯
Risk Management
Survive Bank Nifty's speed: sizing, stops and daily loss caps.
Plan risk →🧰
All Tools
Calculators, screeners, analysis and paper trading in one place.
Open all tools →PK
About the Founder
Mr. Pranjal Kalita
Founder & Market Educator at Option Matrix India (Jorhat, Assam) — derivatives and option-chain analysis, technical analysis, price action and process-driven risk management, taught in simple language for Indian traders.
FAQ
Bank Nifty — frequently asked questions
What is the Bank Nifty prediction for today?
Use the live bias on this page: price versus the day pivot, 15-minute EMA trend and RSI, PCR and change in OI, plus bank-stock breadth. Majority agreement above the pivot = positive bias; below the pivot with call writing = negative bias. It is an educational framework — markets can move against any view, so always define risk first.
How can I predict Bank Nifty for tomorrow?
After the close, record: close vs pivot, end-of-day PCR and max pain, strikes where writers added OI, HDFC Bank/ICICI Bank/SBI closes, India VIX, and next-morning GIFT Nifty. Mark tomorrow's pivot levels from today's high-low-close and prepare gap-up, gap-down and range plans (see the 4 scenario cards near the live signal) instead of betting on one number.
What is Bank Nifty expiry day and lot size in 2026?
Monthly expiry only — the last Tuesday of the month on NSE (previous trading day if a holiday). Weekly Bank Nifty options ended in November 2024. Lot size is 30 units from the January 2026 expiry. Rules change through NSE circulars, so confirm the live contract on NSE or your broker before trading.
What are today's Bank Nifty support and resistance levels?
The Levels section above computes classic pivots (S1–S3, Pivot, R1–R3) from the previous day's high, low and close, and the option chain adds OI walls — highest put OI as watched support, highest call OI as watched resistance. When a pivot level and an OI wall sit together, that zone deserves extra respect. Levels fail often in fast markets; use 15-minute closes for confirmation.
What is PCR and how should I use it for Bank Nifty?
PCR (OI) = total put open interest ÷ total call open interest for the selected expiry. Broadly: PCR rising with put writing near spot is supportive; PCR falling with call writing overhead is resistive; very high PCR (>1.5) can mean crowded puts and squeeze risk. Always read PCR with price — a high PCR while price breaks support is a warning, not a buy signal.
What is Max Pain in Bank Nifty options?
The strike at which aggregate option buyers would lose the most at expiry based on current OI. It is most watched in monthly expiry week as a reference “magnet” zone, but strong institutional flow regularly pushes settlement away from max pain.
What is Open Interest (OI) and Change in OI?
OI is the number of open (not yet squared-off) contracts. Change in OI is today's net addition. Fresh put OI below spot usually means writers are defending support; fresh call OI above spot means writers are capping upside. Writers unwinding (negative ΔOI at a wall) often precedes a fast move through that level.
Why is Bank Nifty more volatile than Nifty 50?
It holds only banking stocks and is top-heavy (HDFC Bank and ICICI Bank dominate). RBI policy, rate expectations, credit data and FII financial-sector flows move all constituents together, producing daily ranges several times larger in points than Nifty — and proportionally faster option premium swings.
Which stocks are in Bank Nifty?
The index holds the most liquid large banking stocks — including HDFC Bank, ICICI Bank, State Bank of India, Axis Bank, Kotak Mahindra Bank, Federal Bank, IndusInd Bank, AU Small Finance Bank, IDFC First Bank, Bank of Baroda, Punjab National Bank, Canara Bank, Union Bank of India and Yes Bank (constituents are reviewed by NSE Indices; check the latest factsheet for the current list and weights). Live member prices and breadth are tracked in the Bank Stocks section above.
What is the best timeframe for Bank Nifty intraday study?
Many learners use the 15-minute chart for structure (trend, levels, candle closes) and a lower timeframe only for execution practice on paper. This page standardises on completed 15-minute candles for EMA/RSI so that one noisy tick cannot flip the signal.
How much capital is needed for one lot of Bank Nifty?
For buying options, the premium paid × 30 (lot size) plus charges — the exact premium changes every minute. For futures or option writing, exchange SPAN + exposure margin applies and is far higher. Use the brokerage and risk calculators linked above, and remember an option buyer can lose the entire premium.
Is the live signal on this page a buy/sell recommendation?
No. Option Matrix India is an educational platform, not a SEBI-registered investment adviser for personalised advice. The score is a transparent study tool for paper trading and journaling. SEBI's studies repeatedly show that around 9 out of 10 individual equity F&O traders lose money — please learn, paper-trade, and consult a registered adviser for personal financial decisions.
Why does the data sometimes show “waiting” or differ from my broker?
This page requests free public endpoints (Yahoo Finance charts and the NSE option-chain API) through public CORS gateways, the same approach as the homepage. Feeds can be delayed, throttled or briefly blocked, especially near market open. Your broker/NSE terminal is always the final source for trading decisions.
What is India VIX and why is it on a Bank Nifty page?
India VIX measures expected 30-day volatility from Nifty options. Rising VIX generally means wider Bank Nifty ranges and costlier premiums (good for neither late buyers nor naked writers); falling VIX supports calmer, range-bound sessions. It is a risk gauge, not a direction indicator.
Daily Market Brief
Get the Bank Nifty morning brief
Key levels, overnight cues and the day's option-chain context — the same checklist used on this page, in your inbox. Free, educational, no spam.
Learn Bank Nifty with data, not tips
Open this page every morning, read the checklist, paper-trade the scenario and journal the result. That boring, repeatable process — not any single prediction — is what actually builds skill.
Data sources & delay: Index/stock candles via Yahoo Finance public chart API; option chain via NSE's public option-chain API requested through CORS gateways. Feeds may be delayed, incomplete or unavailable — verify all values on nseindia.com or your broker before relying on them. OI, PCR, max pain, sentiment and signal figures are heuristic educational reference points calculated in your browser.
Risk disclosure: For education only — not investment advice, not a recommendation to buy or sell any security or derivative. Equity derivatives carry a high risk of loss; SEBI studies show most individual F&O traders lose money. Consult a SEBI-registered investment adviser for personal advice. · Contact · Founder · About Us · © 2026 Option Matrix India.