Daily Morning Report – 25/11/25

Nifty Outlook: 25959.50 FII –4171.75 cr DII 4512.87 cr

As discussed yesterday, the market behaved exactly on expected lines. Nifty opened near our breakout level of 26115 (actual open at 26122.8), moved slightly higher but failed to sustain due to selling pressure and slipped towards our support of 25927, making a day low of 25912.15.

A long bearish candle on the daily chart signals that short-term sentiment has turned bearish with expectations of more supply. A decisive breakdown below 25911 may drag Nifty to 25863 – 25814. If selling intensifies further, it may test 25766.

On the upside, 26010 – 26056 will act as immediate resistance. A breakout and sustained move above these levels may push Nifty towards 26104 – 26153.

Bank Nifty Outlook

Spot: 58835.35 PCR: 0.93 Max CE OI: 60000 Max PE OI: 58000

On 24th November 2025, Bank Nifty closed at 58835.35 (-32.35 / 0.05%). The index moved 660.40 points intraday, with a high of 59309.90 and a low of 58649.50.

Technical View
• Major support: 58638
• Major resistance: 59326.85
• Intraday support: 58653.70
• Intraday resistance: 59016

Intraday Breakout Strategy
• Go long above 59016, SL 58956.40, target 59198.50
• Go short below 58653, SL 58714, target 58472

RSI for Bank Nifty stands at 63. (Below 30 = oversold, above 70 = overbought)

Bank nifty Day SMA Analysis:

Bank nifty is trading above 7 out of 8 SMA’s (10, 20, 30, 50, 100, 150, 200 Day).

Bank nifty is trading below 1 out of 8 SMA’s. (5 Day)

 No active candlestick Pattern was identified in bank nifty on daily chart.

Macro:

1.Dollar index is @ 100.16

2.S&P 500 Vix is @ 20.87 ( -11.08% )

3.Brent crude is @ 62.44

4.U.S. 10  years bond yield is @ 4.04.

Note

US markets recovered smartly after rate-cut odds jumped from 30% to 78%. AI stocks, after sharp profit booking, are now stabilising and recovering.

On the domestic front, RBI Governor Sanjay Malhotra mentioned in an interview with Zee Business that there is scope to reduce interest rates ahead of the monetary policy meeting next week.

Important Pivot Point Levels for Today           

Nifty

Bank Nifty

By Ashok Bhandari (RA)

SEBI Regd. No. INH00019549