Nifty 50 commenced the trading day with a substantial gap-up and is currently showing an upward trend. The previously noted support level between 25,450 and 25,400 has held strongly as anticipated. The subsequent rebound has propelled the index well past the projected mark of 25,600.
Currently, Nifty is trading at 25,855, reflecting a rise of 0.62 percent, with an advances/declines ratio of 32:18, indicating a favorable market condition.
Nifty 50 Outlook
The outlook remains bullish, with immediate support identified at 25,780. Nifty has the potential to reach as high as 25,900. Market participants should closely monitor price movements following this test. If Nifty successfully breaks through 25,900, a further ascent towards 26,000 may occur.
Conversely, a downturn from approximately 25,900 could instigate a corrective decline to 25,800 or possibly 25,700. Thus, the price action near 25,900 warrants attention throughout the trading day.
Nifty 50 Futures
The Nifty 50 November Futures, currently at 25,940, has increased by 0.5 percent. Intraday resistance stands at 25,980, which is proving to be a robust barrier at this time. For the contract to sustain its upward trajectory, it must surpass this resistance level. Only then could a rise to 26,050 be on the horizon.
Should the contract fail to breach 25,980, it may decline to 25,870, which is considered critical intraday support. A drop below 25,870 could lead to a more significant fall to 25,750 later in the day.
Trade Strategy
Given the current immediate resistance and the risk/reward ratio, it is not advantageous to enter new long positions at this moment. Traders are advised to maintain a cautious stance and refrain from market engagement.
Support levels are identified at 25,870 and 25,750, while resistance levels are noted at 25,980 and 26,050.
Published on November 12, 2025
