GAUTAM QUANTTERMINAL
Market Analysis.
Read the trend, momentum, key levels and both sides of the next setup using real market candles.
โ Research DeskInstitutional Intelligence
DESK SELECTOR:
๐ฎ๐ณ National2026-10-31
NIFTY 50 & Bank Nifty: Weekly Expiry Volatility & 24,200 Major Put OI Wall
๐ช Crypto2026-10-31
Bitcoin (BTC/USD): 4H Range Breakout & $70,000 Liquidity Pool Hunt
๐ Global2026-10-31
Gold (XAU/USD) & US100: Macro Data Reaction & Bullish FVG Retest
National / Indian Marketยท INSTITUTIONAL RESEARCH DESK
NIFTY 50 & Bank Nifty: Weekly Expiry Volatility & 24,200 Major Put OI Wall
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Published: 31 Oct 2026โข๐ค Lead Analyst: Gautam Quant Deskโข Django CMS Live
Executive Thesis: NIFTY spot consolidates around 24,320 with heavy Put writing at 24,200 acting as a primary floor. Upside resistance remains capped at 24,500 Call wall. Watch for 15-minute candle closing above 24,380 for momentum breakout towards 24,460.
๐ Institutional Key Levels & Strike Matrix
Pre-market and intraday liquidity levels, option open interest walls, and Fair Value Gaps (FVG) updated directly from our quantitative order flow models.
| # | Level / Label | Instrument / Strike | Price | Bias / Sentiment | Order Flow & Notes | Status |
|---|---|---|---|---|---|---|
| 1 | Resistance 2 (R2) | NIFTY 24,500 CE | 24,520.00 | Bearish Wall | Major Call OI peak (1.42 Cr shares) ยท Major supply zone | Untested |
| 2 | Resistance 1 (R1) | NIFTY 24,400 CE | 24,420.00 | Neutral Rejection | Developing VAH ยท Intraday profit booking level | Active |
| 3 | Pivot / POC | NIFTY Spot | 24,310.00 | Balance Node | Highest volume traded today ยท Institutional balance | Holding |
| 4 | Support 1 (S1) | NIFTY 24,200 PE | 24,200.00 | Bullish Demand | Heavy Put OI wall (1.85 Cr shares) ยท Strong institutional floor | Defended |
| 5 | Support 2 (S2) | NIFTY 24,100 PE | 24,080.00 | Major Anchor | Multi-week swing low & 50 EMA daily confluence | Untested |
๐ Detailed Order Flow Analysis & Execution Playbook
Executive Market Context The benchmark NIFTY 50 index established strong buyer absorption above the 24,200 support zone following institutional buying in Banking and IT heavyweights. PCR (Put-Call Ratio) has expanded from 0.88 to 1.12, reflecting strong underlying put writing support.
Key Order Flow Observations 1. **Delta Divergence**: Cumulative Volume Delta (CVD) showed positive divergence at the 24,220 low test during the opening 45 minutes. 2. **Value Area**: Developing Value Area High (VAH) sits at 24,410 while Point of Control (POC) is anchored at 24,310. 3. **Institutional Flows**: FII net index futures positioning trimmed net shorts by 14,200 contracts.
Trade Thesis & Playbook - **Bullish Trigger**: 15-minute close above 24,380 targets 24,450 (R1) and 24,520 (R2). Stop Loss placed at 24,290. - **Bearish Breakdown**: Rejection at 24,450 with negative delta divergence suggests mean reversion back to 24,300 POC. - **Invalidation**: Clean hourly breakdown below 24,180 voids bullish structure.
๐ Live Research Spreadsheet Embed
TAGS:#NIFTY#BANKNIFTY#F&O#Expiry#Options#Support-Resistance
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