What to expect from Indian stock market in trade on November 25
The Indian stock market is expected to begin Tuesday’s session on a subdued note, even as global cues remain supportive. The benchmark indices Sensex and Nifty 50 are signaling a flat opening, largely influenced by caution in domestic sentiment after Monday’s decline.
The Gift Nifty is trading around the 25,983 level, reflecting a discount of nearly 13 points compared to the previous Nifty futures close. This indicates a muted start for the market, with limited early optimism despite global gains. On Monday, the Nifty 50 slipped below the 26,000 mark while the Sensex also corrected, closing 331.21 points lower at 84,900.71. The Nifty 50 ended the day at 25,959.50, down by 108.65 points.
Sensex Outlook
The Sensex formed a bearish candle on daily charts, reinforcing expectations of continued weakness. According to Shrikant Chouhan of Kotak Securities, 85,000 will be the trend-decider for day traders. As long as the index stays below this level, further downside toward 84,700–84,500 remains likely. A move above 85,000, however, could pull the index back to 85,500–85,700. With intraday volatility expected to persist, level-based strategies remain crucial.
Nifty 50: Technical Signals and OI Trends
Nifty derivatives data points toward a shift in near-term sentiment. Heavy call writing at 26,000–26,100 suggests selling pressure at higher zones, while strong put OI at 25,800–25,900 signals support at lower levels.
On the charts, the Nifty 50 has formed a large bearish candle, hinting at fresh selling from near all-time highs. Nagaraj Shetti of HDFC Securities believes the short-term trend has turned downward, with the next support seen at 25,700. He also highlights 26,200–26,300 as a strong resistance zone.
Nilesh Jain of Centrum Broking adds that the 21-DMA near 25,850 is a crucial support. Breaking below this could drag the index toward 25,700. Conversely, crossing 26,180 may revive bullish sentiment, potentially pushing Nifty toward 26,300. With the November F&O expiry approaching, volatility is expected to stay elevated, and Nifty may oscillate between 25,800 and 26,200.
Mayank Jain from Share.Market identifies resistance at 26,050–26,100 and support at 25,800–25,750 for the near term.
Bank Nifty: Key Levels to Watch
The Bank Nifty closed marginally lower on Monday at 58,835.35, forming a red candle with wicks on both sides a sign of indecision. According to Hrishikesh Yedve of Asit C. Mehta, immediate support lies at 58,580. A close below this could push the index toward 58,000–57,800. On the upside, 59,440 remains a stiff resistance, and traders are advised to book profits on rise until this level is decisively crossed.
Sudeep Shah from SBI Securities notes that Bank Nifty’s high-wave candle underlines the lack of directional clarity. The 20-day EMA zone around 58,400–58,300 is crucial. A breach below 58,300 could deepen the correction to 57,700, while a breakout above 59,200–59,300 is necessary to restore bullish momentum.
Conclusion
As markets open on November 25, traders should prepare for a cautious and range-bound session. Technical indicators across indices point to near-term weakness alongside key support and resistance levels that will determine market direction. With monthly expiry around the corner, volatility is likely to remain high.
Disclaimer: The views and recommendations mentioned above belong to individual analysts and brokerage firms. Investors are advised to consult certified financial experts before making investment decisions.
