NIFTY OUTLOOK: 25879.15 FII -383.68 cr DII 3091.87 cr
As discussed yesterday, market behaviour remained on expected lines. Bears dragged the Nifty down to our level of 25823 (day low 25808.4), and from there it bounced up to our resistance of 25983 (day high 26010.7). After respecting both sides of our levels, Nifty closed near its previous close at 25879.15.
A doji candle formed after a bullish spinning top on the daily chart, indicating volatility, lack of direction and indecision. However, the near-term trend remains positive. A decisive breakout above 25933 may lead to a rally towards 25985–26037, and if demand accelerates, Nifty may test 26091.
These candles also indicate slowdown in buying and resistance at higher levels. If bears take the lead, a breakdown below 25825 may drag Nifty to 25773–25721. Further supply may push it towards 25667.
BANK NIFTY OUTLOOK:
Spot: 58381.95 PCR: 0.93 Max CE OI: 58500 | Max PE OI: 58500
On 13th November 2025, Bank Nifty closed at 58381.95 (+107.30 / +0.18%). The index moved 488.85 points, hitting a high of 58615.95 and a low of 58127.10.
Technical View
Key support and resistance: 57577 and 58850
Intraday support and resistance: 58248 and 58516
Intraday Breakout Strategy
• Go long above 58516, SL 58472, target 58651
• Go short below 58248, SL 58292, target 58113
RSI stands at 65.6 (overbought above 70, oversold below 30).
Bank nifty Day SMA Analysis:
Bank nifty is trading above 8 out of 8 SMA’s (5, 10, 20, 30, 50, 100, 150, 200 Day).
Bank nifty is trading below 0 out of 8 SMA’s.
One active candlestick Pattern was identified in bank nifty on daily chart
- Belt Hold Uptrend
Macro:
1. Dollar index is @ 98.952.
2. S&P 500 Vix is @ 20.87 ( -19.19 %)
3. Brent crude is @ 62.87 4. US 10 years bond yield is @ 4.091
Note:
Odds of a December rate cut slipped below 50% after a series of cautious Fed comments amid limited economic data due to the US government shutdown. Minneapolis Fed President Neel Kashkari noted a mixed economic outlook with persistent inflation and uneven sector performance.
U.S. President Donald Trump signed a bill late Wednesday to restore funding and end the longest government shutdown in U.S. history, after passage by the Republican-controlled House.
Important Pivot Point Levels for Today:
Nifty
| S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
| 25585.83 | 25697.12 | 25788.13 | 25899.42 | 25990.43 | 26101.72 | 26192.73 |
Bank Nifty
| S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
| 57645.2 | 57886.15 | 58134.05 | 58375 | 58622.9 | 58863.85 | 59111.75 |
By Ashok Bhandari (RA)
SEBI Regd. No. INH00019549


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