
The Nifty opened on a strong note with a gap-up of around 130 points and traded in a sideways-to-bullish range throughout the day, indicating sustained buying interest and positive sentiment among participants. Immediate resistance is now placed at 25,950, followed by 26,000, while support at 25,700 and 25,750 is likely to act as an accumulation zone for positional traders. Barring the Realty index, all major sectoral indices ended in the green, with Media, Auto, Telecom, IT, and Consumer Durables gaining between 1% and 2%.

The Nifty 50 prediction today indicates a sideways to bullish trend. The range is between 25700 and 26000, with support at 25700-25750 and resistance at 25950-26000. Traders should monitor these crucial levels closely for potential market shifts.
The Bank Nifty mirrored the broader market’s strength, reflecting renewed buying interest and potential continuation of bullish momentum. Key support lies at 58,000, and a break below this level could lead to limited downside toward 58,100. On the upside, resistance is placed at 58,500, and a breakout above this zone could extend the rally toward 58,600.

Today Bank Nifty prediction suggests a sideways to bullish range between 58000 and 58600, with strong support at 58000-58100 and resistance at 58500-58600. Traders should monitor these crucial levels closely for potential market shifts.
Indian equity markets ended on a strong positive note on November 12, following a volatile yet upward-biased trading session that saw intermittent selling pressure across key sectors. At the close, the Sensex gained 595.19 points, or 0.71%, to settle at 84,466.51, while the Nifty 50 advanced 180.85 points, or 0.70%, to end at 25,875.80. The market breadth remained positive, with 2,381 shares advancing, 1,655 declining, and 144 remaining unchanged.
The SENSEX today prediction is projected to move in a sideways to bullish range, between 84000 and 85000. Key support is expected around 84000-84100, while resistance is likely near 84900-85000. Traders should monitor these crucial levels closely, as a breakout in either direction could signal a significant market move.
The India VIX, a key gauge of market volatility, declined by 3.04% to 12.11, suggesting easing volatility and improving confidence among market participants. In the derivatives segment, open interest (OI) data indicated the highest call writing at the 25,900 and 26,000 strike prices, while maximum put OI was concentrated at 25,800 — highlighting strong resistance around the 25,900 level.Overall, sentiment remains cautiously optimistic, and a sustained close above the 25,900 mark will be crucial to reinforce bullish momentum and open the door for further upside in the near term.
Prediction is given by the Technical Research Team - Choice.
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