തുടർച്ചയായ നാലാം ദിവസവും നഷ്ടം നേരിട്ട നിഫ്റ്റി ആറു മാസത്തെ താഴ്ന്ന നിലയിലാണ്. വിപണിയിൽ ചെറിയൊരു തിരിച്ചുവരവിന് സാധ്യതയുണ്ടെങ്കിലും ആഗോള ഘടകങ്ങൾ സമ്മർദ്ദം തുടരുന്നു. നിഫ്റ്റിയുടെ പ്രധാന സപ്പോർട്ട് 22,200 നിലവാരത്തിലും റെസിസ്റ്റൻസ് 22,600 നിലവാരത്തിലുമാണ്. സാങ്കേതിക സൂചകങ്ങൾ ദുർബലമായതിനാൽ നിക്ഷേപകർ ജാഗ്രത പാലിക്കേണ്ടതുണ്ട്.
Nifty Trade Setup for October 5, 2026
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The Nifty 50 remained under pressure despite recovering more than 200 points from the day's low, falling 0.88 percent to end at a fresh six-month low on October 1 and extending its losing streak for the fourth consecutive session. Following an extremely oversold reading on the RSI, the index may witness a short-term bounce-back. However, it is unlikely to sustain such gains amid a weak broader market structure, elevated US bond yields and oil prices, and a high India VIX. According to experts, the Nifty 50 may face resistance at 22,600 in case of a further recovery, followed by 22,800, which is likely to act as a crucial hurdle. On the downside, 22,200 is expected to provide immediate support. A decisive break below this level could drag the index towards 22,000.
Here are 15 data points we have collated to help you spot profitable trades:
1) Key Levels For The Nifty 50 (22,422)
Resistance based on pivot points: 22,567, 22,660, and 22,810
Support based on pivot points: 22,266, 22,174, and 22,023
Special Formation: The Nifty 50 formed a bearish candle with a long lower shadow on the daily charts, indicating weakness despite buying interest at lower levels. The lower-high, lower-low formation continued, with all key moving averages trending downward. The RSI fell to 22.57, entering the oversold zone, and remained below its signal line. The MACD also continued to slope downward, with the red histogram bar expanding for the fourth consecutive session. All these technical indicators point to continued weakness in the index, although the deeply oversold RSI reading could trigger a short-term rebound.
2) Key Levels For The Bank Nifty (54,451)
Resistance based on pivot points: 54,928, 55,170, and 55,561
Support based on pivot points: 54,145, 53,903, and 53,511
Resistance based on Fibonacci retracement: 55,897, 57,285
Support based on Fibonacci retracement: 54,053, 52,784
Special Formation: The Bank Nifty formed a small-bodied bearish candle with long upper and lower shadows on the daily chart, resembling a high-wave candlestick pattern and indicating indecision between bulls and bears. The index remained below all key moving averages, with the short- and medium-term moving averages continuing to trend downward. The RSI dipped to 32.80 and remained below its reference line, while the MACD maintained its downtrend, although weakness in the histogram eased for the second consecutive session. Overall, the technical indicators suggest continued weakness in the index, with the price structure remaining bearish despite some signs of easing momentum.
3) Nifty Call Options Data
According to the weekly options data, the maximum Call open interest was seen at the 23,000 strike (with 1.37 crore contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 22,700 strike (96.69 lakh contracts) and 22,800 strike (89.43 lakh contracts).
Maximum Call writing was observed at the 22,500 strike, which saw an addition of 45.93 lakh contracts, followed by the 22,650 and 22,550 strikes, which added 38.69 lakh and 38.18 lakh contracts, respectively. The maximum Call unwinding was seen at the 22,900 strike, which shed 16.95 lakh contracts, followed by the 22,850 strike which shed 1.06 lakh contracts.
4) Nifty Put Options Data
On the Put side, the 22,300 strike holds the maximum Put open interest (with 81.71 lakh contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 22,200 strike (65.05 lakh contracts) and the 22,500 strike (49.15 lakh contracts).
The maximum Put writing was placed at the 22,300 strike, which saw an addition of 44.84 lakh contracts, followed by the 22,200 and 22,150 strikes, which added 22.49 lakh and 15.27 lakh contracts, respectively. The maximum Put unwinding was seen at the 22,600 strike, which shed 32.76 lakh contracts, followed by the 22,700 and 22,500 strikes, which shed 31.5 lakh and 17.12 lakh contracts, respectively.
5) Bank Nifty Call Options Data
According to the monthly options data, the maximum Call open interest was seen at the 56,000 strike, with 12.93 lakh contracts. This can act as a key resistance level for the index in the short term. It was followed by the 55,000 strike (7.05 lakh contracts) and the 55,500 strike (6.13 lakh contracts).
Maximum Call writing was observed at the 54,500 strike (with the addition of 1.03 lakh contracts), followed by the 53,700 strike (56,130 contracts) and 54,800 strike (43,950 contracts). The maximum Call unwinding was seen at the 55,000 strike, which shed 16,230 contracts, followed by the 53,500 and 55,500 strikes, which shed 11,100 and 8,100 contracts, respectively.
6) Bank Nifty Put Options Data
On the Put side, the 56,000 strike holds the maximum Put open interest (with 7.67 lakh contracts), which can act as a key level for the index in the short term. This was followed by the 55,000 strike (7.4 lakh contracts) and the 54,000 strike (5.86 lakh contracts).
The maximum Put writing was placed at the 54,500 strike (which added 34,230 contracts), followed by the 54,800 strike (34,110 contracts) and 54,000 strike (30,960 contracts). The maximum Put unwinding was seen at the 55,000 strike, which shed 60,720 contracts, followed by the 55,900 and 54,900 strikes, which shed 33,270 and 19,260 contracts, respectively.
7) Funds Flow (Rs crore)
8) Put-Call Ratio
The Nifty Put-Call ratio (PCR), which indicates the mood of the market, fell to 0.77 on October 1, compared to 0.79 in previous session.
The increasing PCR, or being higher than 0.7 or surpassing 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling in Calls is higher than selling in Puts, reflecting a bearish mood in the market.
9) India VIX
India VIX, which measures expected market volatility, jumped 7.15 percent to 14.45 on Thursday and moved above all key moving averages, signalling increased discomfort among bulls. Sustaining above the 14 level could keep market participants cautious.
10) Long Build-up (18 Stocks)
A long build-up was seen in 18 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.
11) Long Unwinding (81 Stocks)
81 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding.
12) Short Build-up (88 Stocks)
88 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.
13) Short-Covering (30 Stocks)
30 stocks saw short-covering, meaning a decrease in OI, along with a price increase.
14) High Delivery Trades
Here are the stocks that saw a high share of delivery trades. A high share of delivery reflects investing (as opposed to trading) interest in a stock.
15) Stocks Under F&O Ban
Securities banned under the F&O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.