BankNifty Option Levels

Computed from the ~09:30 IST option chain for 24 Aug 2026 · scored against the session · hit-rates measured on our own archive

Level	Strike	That session	Hit-rate
Call Wall	58,000	Not tested	40%
Put Wall	57,000	Not tested	65%
Gamma Flip	58,000	Respected	90%
Max Pain	57,700	No pin	11%

Call Wall

40%

The strike with the largest call open interest above spot — where dealer hedging tends to cap the move. Acts as resistance.

held when touched · 90 sessions · 10 touches

Put Wall

65%

The strike with the largest put open interest below spot — where dealer hedging tends to cushion the move. Acts as support.

held when touched · 90 sessions · 17 touches

Gamma Flip

90%

The strike where net dealer gamma changes sign — above it moves tend to be dampened, below it amplified. The volatility pivot.

side respected to close · 73 sessions

Max Pain

11%

The strike at which the most option premium expires worthless — option writers gravitate the close toward it, especially near expiry.

closed within 1 strike · 89 sessions

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BankNifty levels — session history

The last 40 scored sessions. Every outcome is shown, including the misses — that's the point.

Date	Call Wall	Put Wall	Gamma Flip	Max Pain
24 Aug 2026	58,000 Not tested	57,000 Not tested	58,000 Respected	57,700 No pin
21 Aug 2026	58,000 Not tested	57,000 Not tested	58,000 Respected	57,600 No pin
20 Aug 2026	58,000 Not tested	57,000 Not tested	58,000 Respected	57,600 Pinned
19 Aug 2026	58,000 Not tested	57,000 Held	58,000 Respected	57,500 No pin
18 Aug 2026	58,000 Not tested	57,000 Not tested	58,500 Respected	57,700 No pin
17 Aug 2026	58,000 Not tested	57,000 Not tested	58,200 Respected	57,700 No pin
14 Aug 2026	58,000 Not tested	57,000 Not tested	58,500 Respected	57,800 No pin
13 Aug 2026	58,000 Not tested	57,000 Not tested	58,500 Respected	57,800 No pin
12 Aug 2026	58,000 Not tested	57,000 Not tested	58,200 Respected	57,800 Pinned
11 Aug 2026	58,000 Not tested	57,000 Not tested	58,500 Respected	57,900 No pin
10 Aug 2026	58,000 Not tested	57,000 Not tested	58,500 Respected	58,000 No pin
7 Aug 2026	58,000 Held	57,000 Not tested	58,600 Respected	58,000 No pin
6 Aug 2026	58,000 undecided	57,000 Not tested	58,000 Crossed	57,800 No pin
5 Aug 2026	58,000 Not tested	57,000 Not tested	58,000 Respected	57,900 No pin
4 Aug 2026	58,000 Not tested	57,000 Not tested	58,000 Respected	57,800 No pin
3 Aug 2026	58,000 Broke	57,000 Not tested	58,000 Crossed	57,500 No pin
31 Jul 2026	58,000 Not tested	57,000 Not tested	58,000 Respected	57,500 No pin
30 Jul 2026	58,000 Not tested	56,000 Not tested	58,100 Respected	57,500 No pin
29 Jul 2026	58,000 Not tested	57,000 Held	58,000 Respected	57,700 No pin
28 Jul 2026	57,000 Held	56,000 Not tested	57,700 Respected	57,100 No pin
27 Jul 2026	58,000 Not tested	56,000 Not tested	57,600 Respected	57,300 No pin
24 Jul 2026	58,000 Not tested	56,000 Not tested	58,100 pending	57,300 No pin
23 Jul 2026	58,000 Not tested	56,000 Not tested	58,900 Respected	57,800 No pin
22 Jul 2026	58,000 Not tested	56,000 Not tested	58,900 Respected	58,000 No pin
21 Jul 2026	59,000 Not tested	58,000 Broke	58,600 Respected	58,000 No pin
17 Jul 2026	59,000 Not tested	57,000 Not tested	58,500 Crossed	58,000 No pin
16 Jul 2026	59,000 Not tested	57,000 Not tested	58,600 Respected	58,000 No pin
15 Jul 2026	59,000 Not tested	58,000 Broke	58,600 Respected	58,000 No pin
14 Jul 2026	59,000 Not tested	57,000 Not tested	59,000 Respected	58,100 No pin
13 Jul 2026	59,000 Not tested	57,000 Not tested	59,000 Respected	58,000 No pin
10 Jul 2026	59,000 Not tested	57,000 Not tested	58,600 Respected	58,000 Pinned
9 Jul 2026	59,000 Not tested	57,000 Not tested	58,700 Respected	58,000 No pin
8 Jul 2026	59,000 Not tested	57,000 Broke	59,000 Respected	58,400 No pin
7 Jul 2026	60,000 Not tested	58,000 Not tested	59,000 Respected	58,300 No pin
6 Jul 2026	60,000 Not tested	58,000 Not tested	58,900 Respected	58,100 No pin
3 Jul 2026	60,000 Not tested	58,000 Held	59,000 Respected	58,100 No pin
2 Jul 2026	60,000 Not tested	58,000 Held	59,000 Respected	58,000 Pinned
1 Jul 2026	60,000 Not tested	57,000 Not tested	59,000 Respected	58,000 Pinned
30 Jun 2026	58,000 Not tested	56,000 Not tested	58,400 Respected	57,600 Pinned
29 Jun 2026	60,000 Not tested	58,000 Held	59,500 Respected	57,600 No pin

BankNifty option levels — FAQ

What is the BankNifty call wall today?

For 24 Aug 2026 the BankNifty call wall is 58,000. The strike with the largest call open interest above spot — where dealer hedging tends to cap the move. Acts as resistance. Over the last 90 scored sessions it held when touched 40% of the time.

What is the BankNifty put wall today?

For 24 Aug 2026 the BankNifty put wall is 57,000. The strike with the largest put open interest below spot — where dealer hedging tends to cushion the move. Acts as support. Over the last 90 scored sessions it held when touched 65% of the time.

What is the BankNifty gamma flip today?

For 24 Aug 2026 the BankNifty gamma flip is 58,000. The strike where net dealer gamma changes sign — above it moves tend to be dampened, below it amplified. The volatility pivot. Over the last 73 scored sessions it side respected to close 90% of the time.

What is the BankNifty max pain today?

For 24 Aug 2026 the BankNifty max pain is 57,700. The strike at which the most option premium expires worthless — option writers gravitate the close toward it, especially near expiry. Over the last 89 scored sessions it closed within 1 strike 11% of the time.

How these levels are scored

Levels are computed from the ~09:30 IST option chain each session and scored against the rest of the day: walls count a touch within 0.10% and resolve held/broke at 0.25%; the gamma flip is scored on whether its side held to the close; max pain on whether the close pinned within one strike. Hit-rates cover TrueTrend's own snapshot archive and include every miss. Descriptive market structure — not investment advice.

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TrueTrend is a market analytics and educational platform, not a SEBI-registered investment adviser. These levels describe option-market structure and are not buy/sell recommendations or a guarantee of returns. Please do your own research.