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F&O Daily Pulse

Can NIFTY50 clear 24,005.75?

Monday, September 21, 2026

Last updated: 21 Sep 2026, 08:36:00 AM IST

NIFTY50 Bias

Sideways to Bearish

Trend, momentum and options PCR

NIFTY50

23346.40

0.33%

NIFTY PCR

1.13

Mildly bullish

FII Cash Flow

₹599.54

Crore; latest available trading day

Major derivative indices

View sector strength ↓

Options positioning and technical direction for each supported index.

NIFTY

23346.40

Current spot index value

Sideways to Bearish

Put–Call Ratio 1.13

RSI (14) 33.66

ADX (14) 30.16

Daily change 0.33%

Put-OI support 23300.00

Call-OI resistance 24000.00

BANKNIFTY

56358.70

Current spot index value

Bearish

Put–Call Ratio 0.96

RSI (14) 42.75

ADX (14) 10.93

Daily change 0.54%

Put-OI support 57500.00

Call-OI resistance 58000.00

What matters for NIFTY50 today

ATR range, NIFTY option-chain concentration and the current technical structure.

ATR-implied range 23,157.33 to 23,535.47

Maximum call-OI resistance 24000.00

Maximum put-OI support 23300.00

NIFTY structure Sideways to Bearish

Intraday interpretation Bullish above 24,005.75; weak below 23,116.10

Option-chain expiry 2026-09-22

NIFTY50 chart structure

NIFTY50 is at 23,346.40; EMA20 23,683.42; EMA50 23,921.59; RSI 33.66; ADX 30.16.

Sideways to Bearish

Current index 23346.40 Latest NIFTY50 spot value

20 EMA 23683.42 Short-term trend reference

50 EMA 23921.59 Medium-term trend reference

ATR 189.07 Expected price movement range

RSI (14) 33.70 Momentum: below 30 oversold, above 70 overbought

ADX (14) 30.20 Trend strength: above 25 indicates a stronger trend

How to read this: RSI measures momentum; 30–70 is generally neutral. ADX measures trend strength, not direction; below 20 is weak and above 25 is stronger. Price above both EMAs supports a bullish structure, while price below both supports a bearish structure.

NIFTY50 Call / Put OI positioning

Compare total option-chain open interest and the strikes with the largest concentration.

PCR 1.13

Positioning measure	Calls	Puts
Total open interest	160,841,915	181,236,705
Maximum-OI strike	24000.00	23300.00

Institutional flows

Latest available institutional cash-market activity in ₹ crore.

FII Cash

₹599.54

₹ crore · cash market

▲ ₹3808.30 higher than prior session

DII Cash

₹1019.69

₹ crore · cash market

▼ ₹2598.06 lower than prior session

Combined Cash

₹1619.23

₹ crore · FII plus DII

▲ ₹1210.24 higher than prior session

Latest flow date: 18-Sep-2026. Source: FII & DII Data by Mr. Chartist.

If–then playbook

Bullish trigger

Sustain above 24,005.75 with supportive volume and OI before bullish continuation trades.

Bearish trigger

A sustained move below 23,116.10 weakens the structure and brings downside protection into focus.

Global market dashboard

Overnight equity indices and crude oil provide external context before the Indian session.

WTI Crude

93.87

▼ -6.41%

Hang Seng

24875.67

▲ 0.50%

S&P 500

7650.50

▲ 0.17%

NASDAQ

26522.54

▲ 0.39%

Nikkei 225

65018.95

▲ 1.38%

GIFT Nifty

23343.00

▲ 0.20%

Use these markets as context, not as direct NIFTY entry signals. Domestic price structure and options positioning remain primary.

Sector strength

Daily trend and momentum comparison. This section is directional context, not an options OI analysis.

Bearish

28854.55

-1.03%

RSI37.50

ADX14.50

20 EMABelow

50 EMABelow

PHARMA

Sideways to Bullish

26710.10

0.49%

RSI54.60

ADX18.60

20 EMAAbove

50 EMAAbove

Live refresh was unavailable for: AUTO, FMCG, METAL, ENERGY, REALTY, PSU_BANK, PRIVATE_BANK . These sectors are omitted to avoid displaying stale analytics. The updater will retry live sources on its next run.