(NFTY)

NFTY trades at $57.26, 8.0% above the near-term max pain of $53 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($53-$25000), signaling increased put positioning or downside protection. Key magnetic zone at 53 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NFTY shows a downward trend from 25000 to 53, indicating bearish sentiment or hedging activity. The 495% spread signals divergent expectations across timeframes. Most levels below 57.26 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.