Bank Nifty Support and Resistance Levels Today
Pivot-point support and resistance for Nifty Bank from NSE's own index data, the option strikes with the heaviest open interest, and an honest check of whether the levels have mattered.
For 21 Oct 2026, Bank Nifty's classic pivot is 55,568, with resistance at 55,804 and 56,120 and support at 55,252 and 55,015; option writers' heaviest open interest is the 56,000 call and the 55,000 put.
Bank Nifty support and resistance levels for the next session: classic, Fibonacci and Camarilla pivot points from the last session's high, low and close (plus weekly and monthly), the strikes where option writers hold the most open interest, and a 14-year test of how the index has actually behaved around these levels.
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Daily Nifty Bank open, high, low and close from NSE’s end-of-day index file, updated after each session (no intraday bars). Volume is the index constituents’ traded shares where NSE publishes it. Charts by TradingView Lightweight Charts™ © TradingView, Inc.
Support and resistance levels for Bank Nifty are usually one of two things. Pivot points are arithmetic on the previous session's high, low and close: the same formula gives everyone the same numbers, which is why so many traders watch them. Open-interest levels come from the options market: the strike where call writers hold the most open interest is read as resistance, and the strike with the most put open interest as support.
This page computes both from exchange data: pivots from NSE's daily index file, open interest from the Bank Nifty option chain. It also does what most level pages skip: it tests the classic levels over every session since 2012 against placebo levels at the same distance, so you can see how much they have really meant.
How the pivot levels are calculated
Classic: P = (High + Low + Close) / 3, R1 = 2P - Low, S1 = 2P - High, R2 = P + (High - Low), S2 = P - (High - Low). Fibonacci uses the same P and adds or subtracts 0.382, 0.618 and 1.0 times the range. Camarilla works from the close: Close plus or minus the range x 1.1 / 12, / 6, / 4 and / 2.
Daily levels use the last completed session and apply to the next one; weekly levels use last week's range, monthly levels last month's. Levels refresh after NSE publishes the day's index file in the evening. You can run the same formulas on any numbers with the pivot point calculator.
What the 14-year test shows
For every session since 2012 the test checks: did Bank Nifty reach yesterday's R1, and if it did, did it close back below it? The same for S1. It then runs the identical test on placebo levels, placed the same distance from the previous close but sized from a different day's range, so they carry no information about the day in question.
If pivots carried real information, the real levels would turn the index back more often than the placebo ones. The table above shows the numbers for both side by side. Read them before treating any level as a wall: a level many people watch can still be crossed as easily as an arbitrary line.
Reading the open-interest levels
Option writers sell calls at strikes they expect the index to stay below and puts at strikes they expect it to stay above, so the heaviest open interest marks where the money is positioned. Positions shift through the day and the levels move with them; a large addition at a strike (change in OI) says more than a large standing position. Max pain is the expiry price at which option buyers as a whole would lose the most. The full ladder is on the Bank Nifty option chain.
Key takeaways
- Pivot points are formulas on the previous high, low and close, not forecasts.
- Classic, Fibonacci and Camarilla give different levels from the same data.
- Open-interest levels show where option writers are positioned.
- The 14-year test compares real pivots with placebo levels; check it before relying on a level.
- Weekly and monthly pivots suit longer holding periods.
Frequently asked questions
What are Bank Nifty support and resistance levels today?
The table above lists today's classic, Fibonacci and Camarilla pivot levels for Bank Nifty, computed from the last session's high, low and close, along with the option strikes holding the most call and put open interest.
How are pivot points calculated?
Classic: P = (High + Low + Close) / 3, R1 = 2P - Low, S1 = 2P - High, R2 = P + (High - Low), S2 = P - (High - Low). Fibonacci uses the same P and adds or subtracts 0.382, 0.618 and 1.0 times the range. Camarilla works from the close: Close plus or minus the range x 1.1 / 12, / 6, / 4 and / 2.
Which pivot point method is best?
None has a proven edge. Classic is the most widely watched, Camarilla levels sit closer to the close and suit intraday ranges, and Fibonacci spaces levels by ratios of the range. The 14-year test on this page shows how classic levels compare with placebo levels.
Is the highest call open interest strike always resistance?
No. It shows where call writers are positioned, and writers adjust or exit as the index moves. Strikes with fresh additions in open interest matter more than old positions, and levels break regularly, especially near expiry.
When do the levels update?
Daily pivots update after NSE publishes the day's index closing file in the evening; weekly and monthly levels change at the start of each week and month. Open-interest levels update with the option chain during market hours.