Daily
52 Weeks
Daily Low
Daily High
0.00
0.00
Open
0.00
Prev.Close
0.00
Volume
0
Short term - Technical Outlook
Bank Nifty continues to lead structurally, supported by steady institutional accumulation. Immediate support rests at 58,800, and a breakdown below this may extend the move toward 58,600 and the 20-day EMA near 58,280. Conversely, sustained trade above 59,000 and 59,200 confirms that demand is being driven by long-term buyers rather than short-term speculative flows towards 59,500-60,000. RSI around 65 remains elevated yet healthy, signalling strong trend momentum without signs of exhaustion. Today’s directional clarity will depend heavily on price behaviour within the 58,800–59,200 zone.
India’s domestic landscape remains fundamentally strong, backed by resilient growth momentum and solid Q2 earnings across banking, metals, and consumer sectors. DIIs continue to absorb FII outflows effectively, demonstrating conviction in current valuations. U.S. stock futures are trading mildly higher, and Asian peers are positioned to open firm, adding to the supportive tone. GIFT Nifty trades 102 points higher, signalling early buying interest and a steady start to the session for Indian equities.
Short term Research Report Call
Buy Above: 59000 | Targets: 59080, 59160, 59240 | Stop-loss: 58880
Sell Below: 58700 | Targets: 58620, 58530, 58430 | Stop-loss: 58820
Short term Chart
Long term - Technical Outlook
Bank Nifty took support from the lower levels and is now attempting to make new highs. Holding above 59,200 could provide additional support to Bank Nifty. Technically, staying above 59,000 will help maintain a positive sentiment for the Indian market. However, a break below 58,500 could turn unfavorable for Bank Nifty and trigger weakness.
Long term Research Report Call
Buy Above: 59370 | Targets: 59420, 59500, 59550 | Stop-loss: 59200
Sell Below: 59200 | Targets: 59120, 58950, 58900 | Stop-loss: 59365
Long term Chart
November 24th 2025
Resistance 59,150
Support 58,830
Particular
FIIs
DIIs
Net Purchase/ Sales (Cr)
21 Nov 2025
-1,766.05
+3,161.61
MTD-May (Cr)
November
-13,840.99
+54,321.16
Nifty 50 opens the day on a controlled tone after yesterday’s mild decline, where the index attempted an early move toward 26,130 but consistently met selling pressure just below the key resistance shelf at 26,200–26,250. The index held firm above 26,000 throughout the second half, signalling that despite intraday weakness, the broader structure remains well-supported. Upper-rejection wicks on the candle highlight hesitation, yet the absence of any breakdown below 26,000 and repeated accumulation near 25,900 confirm that buyers remain active at lower levels. As the session begins, 25,900–25,850 stays the most important demand zone, and the decisive trigger for upside remains a close above 26,200, which can open the move toward 26,250–26,350.
Bank Nifty starts the day after a consolidation-heavy session in which the index opened near 59,000 but encountered persistent supply from the rising resistance slope in the 59,100–59,000 region. This inside-candle formation led to intraday profit booking toward 58,820, but the broader trend remains unbroken. Bank Nifty continues to hold firmly above the 58,600–58,250 support zone and maintains its higher-trend structure. Any sustained move back above 59,230 can quickly shift momentum toward 59,300–59,500, with sector cues indicating that private banks may stabilise while PSU banks continue to retain trend strength.
Mid- and small-cap indices may remain mixed after yesterday’s mild pressure, while autos, healthcare, and select consumption names continue to show relative strength supported by steady domestic demand. Capital goods and aviation stocks remain in favour, reflecting the momentum of India’s capex cycle. Macro signals remain constructive heading into today’s session: inflation readings are easing, demand indicators remain steady, and GDP expectations continue to hover around 6.5–6.8 percent. While global cues remain choppy due to mixed US data and tariff-led volatility, India’s domestic fundamentals continue to act as a cushion.
November 24th 2025
USA
24th November
USA
24th November
UK
24th November
GERMAN
24th November
Singapore
24th November
Japan
24th November
China
24th November
USA
24th November
November 24th 2025
| TATACONSUM | 1,184.5 10.6 0.9 |
| INDIGO | 5,835 49.5 0.86 |
| MAXHEALTH | 1,179.1 10.2 0.87 |
| MARUTI | 16,010 209 1.32 |
| HINDALCO | 777.35 -22.45 -2.81 |
| TATASTEEL | 168 -4.46 -2.59 |
| JSWSTEEL | 1,135.9 -34.1 -2.91 |
| BAJFINANCE | 1,005 -23.6 -2.29 |
Check live levels for all scripts
Buy Above
59039.86
R1
59129.73
R2
59223.69
R3
59391.17
Stop Loss
58933.65
Pivot
58974.50
(All values are in INR)
Sell Below
58909.14
S1
58819.27
S2
58725.32
S3
58557.83
Stop Loss
59015.35
| R4 | R3 | R2 | R1 | Pivot | S1 | S2 | S3 | S4 | |
| Classic | 59684.70 | 59533.85 | 59383.00 | 59125.35 | 58974.50 | 58716.85 | 58566.00 | 58308.35 | 58050.70 |
| Woodie | 60173.30 | 59480.45 | 59356.30 | 59071.95 | 58947.80 | 58663.45 | 58539.30 | 58254.95 | 57722.30 |
| Camarilla | 59092.38 | 58980.04 | 58942.59 | 58905.15 | 58974.50 | 58830.25 | 58792.81 | 58755.36 | 58643.02 |
Bullish
Bearish
EMA
SMA
5 Day
48855.78
10 Day
46577.34
20 Day
45288.94
50 Day
43843.90
100 Day
42808.77
200 Day
41489.33
Stoch RSI
46.63
ROC
2.23
Ultimate
57.90
Williams
-26.50
CCI
96.19
Stochastic
81.46
RSI
52.97
Bullish
1
Bearish
0
Neutral
6
ATR
405.15
Low Volatility
MACD
855.94
Bullish
Bullish
1
Bearish
0
Neutral
0
Check all stocks
| Stock Name | CMP | Change (%) | Market Cap (Cr.) | Sector | Piotroski Score |
| HDFCBANK | 999.15 | 0.1102 | 1535132.57 | Banks | 3 / 9 |
| HDFCBANK | 604.5 | 1.0616 | 1535132.57 | Banks | 3 / 9 |
| ICICIBANK | 1368.4 | -0.0803 | 979732.3 | Banks | 8 / 9 |
| SBIN | 970.6 | -0.2056 | 897769.9 | Banks | 5 / 9 |
| KOTAKBANK | 2087.3 | -0.0239 | 414953.321 | Banks | 6 / 9 |
Disclaimer: Investment in securities/commodities market subject to market risk, read all the related documents carefully before investing/trading.
Analyst Certification: I/We, Ayushi Jain Research Analyst, authors, and the name subscribed to this report, hereby certify that all the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. NISM Research Analyst registration number – NISM-201900015194.
