21
Nov 2025

Global Market Update@ 6 AM –– Friday, November 21st 2025

Good Morning Early, Readers!! Wall Street’s key indexes started Thursday’s trade with solid gains, but worries of an

Global Market Update@ 6 AM –– Friday, November 21st 2025

Daily Update, Global Market Update adminaw

Good Morning Early, Readers!!

Wall Street’s key indexes started Thursday’s trade with solid gains, but worries of an AI bubble weighed on US stocks into the close.

NVIDA was down 3.2% at the close – making it one of the worst-performing Dow Jones stocks of the day – as AI bubble worries resurfaced.

Gift Nifty takes over the negative baton from weak overnight lead from Wall Street indicating an up-and-down session for the benchmark Nifty.

6:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (-73, 26145)
Dow Futures: (+173, 45925)
Nasdaq 100 Futures (+76, 24130)

Nikkei (1119, 48705)
Hang Seng (Closed, 25836)

Dow Jones (-387, 45752)
Nasdaq Composite (-486, 22078)
Bovespa (-1141, 155381).

Wall Street’s key indices kicked off Thursday with a strong rally, fueled by Nvidia’s upbeat earnings and a surprisingly robust September jobs print. Early optimism saw the major indices surge between 1.3% and 2.1% at the open, with bulls firmly in control.

But the bullish momentum didn’t last.

As the session progressed, sentiment reversed sharply. Nvidia slipped from its early highs, and expectations for a December Fed rate cut weakened, triggering a broad selloff.

By the closing bell, the gains had fully evaporated:

Dow Jones: -0.84% at 45,752

S&P 500: -1.56% at 6,538

Nasdaq Composite: -2.15% at 22,078

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantees performance of the intermediary or provides any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

20
Nov 2025

FII/DII ACTIVITY, THURSDAY, NOVEMBER 20th 2025

FIIs also seem to be in a jubilant mood✅ FII Cash: +283.7 Cr.DII Cash: +824.5 Cr. FII Idx

FII/DII ACTIVITY, THURSDAY, NOVEMBER 20th 2025

Daily Update, FII/DII Update adminaw

FIIs also seem to be in a jubilant mood✅

FII Cash: +283.7 Cr.
DII Cash: +824.5 Cr.

FII Idx Fut: +404.6 Cr.
FII Idx Opt: +12440.7 Cr.
FII Stk Fut: +665.6 Cr.
FII Stk Opt: +846.7 Cr.

FII Week Till Date
FII Cash: +1577.8 Cr.
DII Cash: +9,217.5 Cr.

FII/DII Month till Date
FII Cash: -12,074.9 Cr.
DII Cash: +51,159.8 Cr.

FY-26 Till Date
FII Cash: -1,27,043.5 Cr.
DII Cash: +4,87,499.8 Cr.

Gift Nifty at 18:44 (26274, +56)

20
Nov 2025

Latest after the Bell @ 4:00 PM — Thursday, November 20th 2025

Nifty rings massive gains, races towards its all-time-high. Bank Nifty scales fresh record highs. RIL (+2.01%) leads from

Latest after the Bell @ 4:00 PM — Thursday, November 20th 2025

Daily Update, Latest After the Bell adminaw

Nifty rings massive gains, races towards its all-time-high. Bank Nifty scales fresh record highs.

RIL (+2.01%) leads from front. Nifty Mid-cap and Nifty Small-cap seen uninspired…

NIFTY (+140, 26192)
Sensex (+446, 85633)
Bank Nifty (+132, 59348)

Nifty powered higher, now just a breath away from its record high as optimism was buoyed by:

1) Strong Nvidia’s revenue which beat expectations along with stronger than forecast guidance.

2) Improving leads from Global stock markets.

3) Optimism surrounding a potential US–India trade agreement.

4) India’s retail inflation sliding to a record 0.25% in October, well below the RBI’s tolerance band — strengthening hopes for a December rate cut.

5) FIIs were net buyers in yesterday’s trade to the tune of Rs. 1581 Cr.

6) WTI crude oil futures tumbling towards $59.3 per barrel, after reports indicated the US is pushing to end the Russia-Ukraine war.

7) Investors celebrate and cheer NDA’s spectacular win in the Bihar elections – reaffirmation of political stability and policy continuity.

Our call of the day suggests Nifty’s bullish undertones shall persist — with traders keeping a sharp focus on Nifty’s all-time high of 26,277.35.

Bottom-line: Technically, the gyan mantra is to stay bullish as long as Nifty 26000 support is held.

Adv-Dec 32—17

INDIA VIX 12.13 (+1.34%)

NIFTY PCR (25th NOV) 1.51

USD/INR Futures (NOV) (+0.13%, 88.72)

SECTOR GAINERS:

NIFTY FINANCIAL SERVICES (+0.70%)
NIFTY OIL & GAS (+0.55%)
NIFTY AUTO (+0.44%)

SECTORS LOSERS

NIFTY MEDIA (-1.54%)
NIFTY PSUBANKS (-0.89%)
NIFTY CONSUMER DURABLES (-0.53%)

TODAY’S MARKET RE-CAP:

1) Nifty (+0.54%) zoomed higher as bulls took over the conga-line of a rising stock markets across globe. The positive takeaway is that Nifty scaled its 52-week high.

Nifty is still above its 21 DMA (25837), 50 DMA (25428) and its 100 DMA (25188). Nifty’s 200 DMA at 24501 mark.

2) Bank Nifty (+0.22%) did pretty well as bullish consolidation was the preferred theme all thru the trading session and most importantly, Bank Nifty scaled a new record all-time-high at 59440.10 mark.

3) The market breadth (34:15) was in favour of the Bulls.

4) Nifty Mid-cap (+0.01%) gained while Nifty Small-cap (-0.05%) too ended with sizeable gains.

STOCKS IN SPOTLIGHT:

1) MAN Industries (India) gained 4.29% after announcing the signing of an MoU with Aramco Asia India, a subsidiary of Saudi Aramco.

2) Texmaco Rail & Engineering slipped 0.19% despite securing a ₹6.39 crore order from Central Railway for modifying the OHE system as part of the island platform extension at Kalyan Station.

3) Gujarat Industries Power Company (GIPCL) advanced 1.89% after commissioning the fourth phase of its 600-MW solar power project at the 2,375-MW Renewable Energy Park in Khavda, Great Rann of Kutch.

4) NBCC gained amidst 2-new developments. First, the company was awarded a ₹2,966.1 crore work order by Nagpur Metropolitan Region Development Authority (NMRDA). Also, NBCC sold 609 residential units at Aspire Leisure Valley and Aspire Centurian Park at Noida (W), through an e-auction at a total sale value of approximately ₹1,069.43 crore.

BULLS OF THE DAY:

EICHERMOT (+3.31%)
BAJFINANCE (+2.3%)
BAJAJFINSV (+2.29%)
RELIANCE (+2.01%)
TECHM (+1.82%)

BEARS OF THE DAY:

ASIANPAINT (-1.16%)
HCLTECH (-1.09%)
TITAN (-0.84%)
HINDUNILVR (-0.54%)
ONGC (-0.52%)

OUR VIEW FOR FRIDAY’S TRADE

Technically speaking, cake is baked for a new high for Nifty

All eyes on today’s US Jobs Data releasing for September.

Bottom-line: Bulls are still in control

ALL ABOUT NIFTY:
Nifty (CMP: 26192)
Support: 26055/25899
Resistance: 26300/26500
Range: 26077-26278
21 DMA: 25837
50 DMA: 25428
200 DMA: 24501
Trend: Positive

BULLISH LOOKING STOCKS:

ASHOKLEY

JIOFIN

RELIANCE

BULLISH LOOKING STOCKS (LONG TERM):

SYRMA TECHNOLOGIES

HBL ENGINEERING

GRSE

BEARISH LOOKING STOCKS:

AUROPHARMA

BRITANNIA

HAL

STOCKS TO AVOID:

BHARATFORGE

INDIGO

CONCOR

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

20
Nov 2025

Call Summary: THURSDAY, NOVEMBER 20th 2025

OPTION TRADE Open Buy: NIL Open Sell: NIL Closed Calls: NIFTY CE (+1900) OPTION TRADE PROFIT: +1900 INTRADAY

Call Summary: THURSDAY, NOVEMBER 20th 2025

Daily Update adminaw

OPTION TRADE

Open Buy: NIL

Open Sell: NIL

Closed Calls: NIFTY CE (+1900)

OPTION TRADE PROFIT: +1900

INTRADAY TRADE:

Open Buy: NIL

Open Sell: NIL

Closed Calls: NIL

INTRADAY TRADE PROFIT: NIL

JACKPOT TRADE

Open Buy: NIL

Open Sell: NIL

Closed Calls: NIL

JACKPOT TRADE PROFIT: NIL

INDEX TRADE

Open Buy: NIFTY

Open Sell: NIL

Closed Calls: NIFTY (+3500)

INDEX TRADE PROFIT: +3500

FORMULA ONE (F1)

Open Buy: NIFTY, INDIGO, SBILIFE

Open Sell: NIL

Closed Calls: NIFTY CE (+1900), NIFTY (+3500)

FORMULA ONE (F1) PROFIT: +5400

SWING TRADE:

Open Buy: HDFCBANK, PNB, SKY GOLD, RATNAMANI, GE VERNOVA, SUNPHARMA, EUREKA, CARYSIL, WAAREE, STEELCAST, INDUSTOWER, CENTUM, CHEMCON, JUPITER WAGONS, TEJAS NETWORKS, VARUN BEVERAGES, BANKBARODA (2), CIPLA, IOC, CHAMBALFERT, TRANS RAIL, NAUKRI, RITES, SBI CARD,

Open Sell: NIL

Closed Calls: NIL

SWING TRADE PROFIT: NIL

PURE INVESTMENT CALL (BINOCULAR):

Open Buy: SNOWMAN, GMRINFRA, EXICOM, GAIL, YATRA, ADANI POWER, EVEREST INDUSTRIES, ZOMATO, NILKAMAL

Closed Calls: NIL

PURE INVESTMENT CALL (BINOCULAR) PROFIT: NIL

TOTAL PROFIT/LOSS FOR THE DAY:

OPTION TRADE: (+1900)

JACKPOT TRADE: (NIL)

INTRADAY TRADE: (NIL)

INDEX TRADE: (+3500)

BTST/STBT: (NIL)

Formula One: (+5400)

SWING TRADE: (NIL)

PURE INVESTMENT CALL (BINOCULAR): (NIL)

20
Nov 2025

Mid-Day Market Update @ 10:10 AM — Thursday, November 20th 2025

Optimism prevails at Dalal Street with Nifty flirting with the 26,100 mark. Bank Nifty trades flat. Nifty (+37,

Mid-Day Market Update @ 10:10 AM — Thursday, November 20th 2025

Daily Update, Mid-Day Market Update adminaw

Optimism prevails at Dalal Street with Nifty flirting with the 26,100 mark. Bank Nifty trades flat.

Nifty (+37, 26090)
Sensex (+127, 85314)
Bank Nifty (-52, 59164)

Nifty (CMP: 26090)

SUPPORT: 25977/25741
RESISTANCE: 26277/26577
TRADING RANGE (26000-26200)
BIAS: Positive

SECTOR GAINER:

NIFTY IT (+0.57%)
NIFTY DEFENCE (+0.57%)
NIFTY FMCG (+0.45%)

SECTOR LOSER:

NIFTY REALITY (-0.57%)
NIFTY MEDIA (-0.53%)
NIFTY PHARMA (-0.21%)

STOCKS IN SPOTLIGHT:

1) NBCC (India) gained 2.21% after securing a major ₹2,966.1 crore contract from the Nagpur Metropolitan Region Development Authority (NMRDA). The order involves providing project management consultancy services for the development of Naveen Nagpur under NMRDA Phase-1.

2) Info Edge (India) slipped 0.21% after the company announced that Chintan Thakkar will step down as Whole-time Director and CFO, effective 19 November. The firm further stated that Ambarish Raghuvanshi will assume charge as Interim CFO from 20 November until a successor is appointed.

3) NTPC Green Energy inched higher by 0.36% after signing an MoU with Singareni Collieries Company to jointly develop renewable energy projects.

KEY THEMES FOR THE DAY:

The trading theme revolves around:

1) Optimism revolves around Dalal Street this Thursday after Nvidia delivered a blockbuster earnings beat, reigniting optimism in the AI-led market rally.

“AI is going everywhere, doing everything,” declared CEO Jensen Huang — a statement that is further fueling risk-on sentiment across global markets.

The Next Big Catalyst:

The spotlight turns on Infosys amidst its biggest-ever share buyback opens on Thursday, Nov 20, and closes on Nov 26.

Size: ₹18,000 crore.
Buyback price: ₹1,800 per share — over 19% premium from the announcement day.

Top Index Gainers:

TECH MAHINDRA (+1.47%)
TATA CONSUMER (+1.16%)
ADANI ENTERPRSIES (+1.04%)
POWERGRID (+0.87%)
JIO FINANCIAL (+0.79%)

Top Index Losers:
HDFC LIFE (-1.29%)
DR REDDYS LAB (-0.86%)
MAXHEALTH (-0.75%)
ASIAN PAINTS (-0.89%)
MARUTI (-0.69%)

10.10 AM GLOBAL UPDATE:

Dow Futures: (+323, 46463)
Nasdaq 100 Futures (+480, 25121)

Nikkei (+13573, 49895)
Hang Seng (+37, 25868)

Dollar Index (-0.03%, 99.59)
WTI OIL (+0.31%, 59.49)
Gold (-1, 4077)

Securities in Ban for Trade Date: Thursday, November 20th 2025*

SAIL

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

20
Nov 2025

Before the bell @ 9 AM – Thursday, November 20th 2025

Bulls are likely to be in a jubilant mood and that’s in line with our call of the

Before the bell @ 9 AM – Thursday, November 20th 2025

Before the Bell, Daily Update adminaw

Bulls are likely to be in a jubilant mood and that’s in line with our call of the day which suggests Nifty is likely to rally hard at the start of Thursday’s trading and we believe, the enthusiasm is likely to stay there all thru the trading session – towards the close.

The big question: Nifty’s all-time-high sooner than later?

Technically speaking, Nifty is signalling a massive breakout on the upside — the benchmark should hit its all-time-high (26277.35) sooner than later.

The Gyan Mantra is to stay optimistic as long as Nifty holds above the 25,740-support zone — dips remain buying opportunities in the near term.

The 7-big positive catalysts:

1) Nvidia delivered a blockbuster earnings beat, reigniting optimism in the AI-led market rally.
2) Cooling India’s inflation.
3) Resilient India’s consumer demand.
4) Hope of RBI’s rate cut
5) Strong DII inflows continue.
6) FIIs were buyers in yesterday’s trade to the tune of Rs. 1581 Cr.
7) Strong global cues this Thursday morning!

Bottom-line: We believe, the benchmark should hit and surpass its all-time high levels – matter of time.

9:00 am GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (-43, 25988)
Dow Futures: (+295, 46434)
Nasdaq 100 Futures (+480, 25121)

Nikkei (+1723, 50259)
Hang Seng (+63, 25894)

Dollar Index (-0.03%, 99.59)
WTI OIL (+0.31%, 59.49)
Gold (-1, 4077)

Securities in Ban for Trade Date: Thursday, November 20th 2025*

SAIL

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

20
Nov 2025

Derivative Calculus @ 8am: Thursday, November 20th 2025

INDEX DerivativesPrevious FUTURE Closing to SPOT NIFTY on 19.11.25 @ +26 NIFTY on 18.11.25 @ +23 NIFTY PCR

Derivative Calculus @ 8am: Thursday, November 20th 2025

Daily Update, Derivative Calculus adminaw

INDEX Derivatives
Previous FUTURE Closing to SPOT

NIFTY on 19.11.25 @ +26

NIFTY on 18.11.25 @ +23

NIFTY PCR

NIFTY – 1.29

BANKNIFTY PCR

BANKNIFTY – 1.20

MAX CE OI

NIFTY – 26000, 27000

BNF – 60000

SHORT Covering

NIFTY – 25700-26000

MAX PE OI

NIFTY – 25000, 26000

BNF – 58500

SHORT Buildup

25150-26450

STOCK Derivatives:

Long Buildup: # PERSISTENT # HCLTECH # MAXHEALTH # INFY

Long Unwinding: # BIOCON # HUDCO

Short Buildup : # SAMMAANCAP # TMPV # JSWENERGY # ADANIENSOL

Short Covering : # MOTHERSON # NAUKRI # BHARATFORGE # 360ONE

Stocks banned in F&O Segment: SAIL

New in Ban: NIL

Out of Ban: NIL

November 19th 2025 FII/DII:

FII : +1580.72 crores.

DII: +₹ 1360.27 crores

BSE Derivatives Data

SENSEX Futures on 19.11.25 @ +75
SENSEX Futures on 18.11.25 @ +179

SENSEX PCR
1.08

BANKEX PCR
1.07

MAX CE OI

SENSEX – 87000

BANKEX – 67000

MAX PE OI

SENSEX – 85000

BANKEX – 66000

Happy Trading Day ahead

Disclaimer: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

20
Nov 2025

Sector & Stock Specific Trade Setup @ 7:45 am– Thursday, November 20th 2025

TOP SECTORS: Bullish Sector: PHARMA, PSUBANKS, IT Bearish Sector: MEDIA, FMCG STOCKS TO WATCH: BULLISH STOCKS (Long Build-up+

Sector & Stock Specific Trade Setup @ 7:45 am– Thursday, November 20th 2025

Daily Update adminaw

TOP SECTORS:

Bullish Sector: PHARMA, PSUBANKS, IT

Bearish Sector: MEDIA, FMCG

STOCKS TO WATCH:

BULLISH STOCKS (Long Build-up+ Short Covering): BEL, INDIGO, POLYCAB, BHARTI AIRTEL, TITAN, RELIANCE, TATA CONSUMER, POLYCAB, NYKAA, INDUS TOWER, SUN PHARMA.

BEARISH STOCKS (Long Unwinding + Short Buildup): HINDALCO, BAJAJ FINANCE, ADANI ENTERPRISES, COAL INDIA, NTPC, DMART, DIXON TECHNOLOGIES.

Our chart of the day is bullish on INDIGO, BEL, BHARTI AIRTEL, and POLYCAB on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 stock to BUY right now:

Buy INDIGO (CMP 1014): Buy at CMP. Stop at 5613. Targets 5938/6057. Aggressive targets at 6238. (Interweek Strategy). Rationale: Momentum Play. Signalling a massive breakout on the upside. Key interweek support 5529. Major hurdles only at 5938 mark. The sequence of higher high/low is intact on all-time-frames. 200-DMA at 5419.

Happy Trading Day ahead

Disclaimer: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

20
Nov 2025

Economic Calendar, Thursday, November 20th 2025“

🇩🇪 Germany : German PPI (YoY) (Oct), German PPI (MoM) (Oct) 🇭🇰 Hong Kong : CPI (MoM) (Oct),

Economic Calendar, Thursday, November 20th 2025“

Daily Update, Economic Calendar adminaw

🇩🇪 Germany : German PPI (YoY) (Oct), German PPI (MoM) (Oct)

🇭🇰 Hong Kong : CPI (MoM) (Oct), CPI (YoY) (Oct), German Buba Monthly Report

🇪🇺 Euro : Construction Output (MoM) (Sep), Consumer Confidence (Nov)

🇬🇧 Great Britain : CBI Industrial Trends Orders (Nov)

🇮🇳 India : Infrastructure Output (YoY) (Oct)

🇨🇳 China : FDI (Oct)

🇺🇸 USA : Average Hourly Earnings (MoM) (Sep), Average Hourly Earnings (YoY) (YoY) (Sep), Average Weekly Hours (Sep), Building Permits (Sep), Building Permits (MoM) (Sep), Continuing Jobless Claims, Export Price Index (YoY) (Sep), Export Price Index (MoM) (Sep), Government Payrolls (Sep), Housing Starts (Sep), Housing Starts (MoM) (Sep), Import Price Index (MoM) (Sep), Import Price Index (YoY) (Sep), Initial Jobless Claims, Jobless Claims 4-Week Avg., Manufacturing Payrolls (Sep), Nonfarm Payrolls (Sep), Participation Rate (Sep), Philadelphia Fed Manufacturing Index (Nov), Philly Fed Business Conditions (Nov), Philly Fed CAPEX Index (Nov), Philly Fed Employment (Nov), Philly Fed New Orders (Nov), Philly Fed Prices Paid (Nov), Private Nonfarm Payrolls (Sep), U6 Unemployment Rate (Sep), Unemployment Rate (Sep), Capacity Utilization Rate (Sep), Industrial Production (MoM) (Oct), Industrial Production (YoY) (Sep), Existing Home Sales (Oct), Existing Home Sales (MoM) (Oct), Natural Gas Storage, Fed Governor Cook Speaks , KC Fed Composite Index (Nov), KC Fed Manufacturing Index (Nov), 4-Week Bill Auction, 8-Week Bill Auction, Fed Goolsbee Speaks, 10-Year TIPS Auction, Federal Budget Balance (Oct)

20
Nov 2025

MARKET TRENDS & STRATEGIES @ 7.15am – Thursday, November 20th 2025

Daily Update, Market Trends adminaw

MARKET TRENDS:

Global cues: Positive
FII: (+1580.72 crores)
DII: (+1360.27 crores)
Sentiment: Bullish
Market Breadth: Positive
Technicals: Massive Breakout
F&O: 25000 – 26500 zone.

INDIA VIX 12 (-0.83%)
USD/INR Futures (November) (88.58)
NIFTY PCR (25th November) 1.29
Bank Nifty PCR (25th November) 1.20

Nifty Outlook: Up again for benchmark Nifty as Bullish Sentiments are likely Jump with Joy!

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 26053):
SUPPORT: 25856/25740
RESISTANCE: 26277/26750
RANGE: 26000-26300
BIAS: Positive
21 DMA: 25820
50 DMA: 25400
200 DMA: 24486

SENSEX (CMP 85186)
SUPPORT: 84600/84000
RESISTANCE: 85978/87000
RANGE: 84900-85900
BIAS: Positive
21 DMA: 84285
50 DMA: 82884
200 DMA: 80351

BANK NIFTY (CMP 59216)
SUPPORT: 58689/58100
RESISTANCE: 59500/60100
RANGE: 58900-59900
BIAS: Positive
21 DMA: 58192
50 DMA: 56654
200 DMA: 54399

Nifty: In Wednesday’s bullish session, Nifty started on a cautious note — as profit booking prevailed in morning session, but bulls regrouped and the said short covering lifted Nifty well above the dotted lines.

Nifty ended way below the dotted lines and the positive takeaway was that Nifty recouped all of its Tuesday’s losses and comfortably closed above the 26000 mark..

Nifty is above its 21 DMA (25820), 50 DMA (25400) and its 100 DMA (25182). Nifty’s 200 DMA at 24486 mark.

Nifty’s hurdles seen 26277.35 mark.

Please note, confirmation of strength and momentum buying is now likely above 26277.35 mark.

The technical landscape suggests Nifty’s major support at 25740/25339 mark.

Nifty’s chart of the day suggests the benchmark may trade with positive bias with Nifty’s biggest intraday hurdles at 26277.35 mark.

Bank Nifty: Bank Nifty (+0.54%) did pretty well as bullish consolidation was the preferred theme all thru the trading session. Bank Nifty however ended in green. Bank Nifty’s new all-time-high at 59264.25 mark.

Bank Nifty was seen slightly outperforming in Nifty’s rebounding action, ending 0.54% higher as against Nifty’s 0.55% gains.

Interestingly, Nifty PSU Banks ended 1.16% higher while Nifty Private Bank Index ended with 0.31% gains.

Intraday support for Bank Nifty now seen at 58689/58000/57157 mark and then at 55600 mark on closing basis.

In today’s trade and in near term, Bank Nifty is likely to face resistance at 59500 mark. Bank Nifty’s 200-DMA is placed at 54399 mark. Bias on Bank Nifty shifts to Positive.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

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