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Trade Outlook for November 21 Highlights Key Index Levels and Market Signals
Nifty 50 advanced 0.5 percent to close near 26,192, crossing the 26,100 resistance level and inching closer to its all-time highs around 26,277. Important resistance levels for Thursday include 26,237, 26,281 and 26,351, while support lies near 26,097 and 26,054. Bank Nifty also hit a record 59,440 before closing with 0.22 percent gains. Options positioning shows maximum call interest at 26,500 for Nifty and 60,000 for Bank Nifty, marking short-term hurdles. The Nifty PCR rose to 1.44, indicating strengthening bullish sentiment, while India VIX stayed steady at 12.14, reflecting controlled volatility.
Tags:
- Nifty 50
- Bank Nifty
Explore:Mutual Fund Screening
neutral
Trade Outlook for November 21 Highlights Key Index Levels and Market Signals
Nifty 50 advanced 0.5 percent to close near 26,192, crossing the 26,100 resistance level and inching closer to its all-time highs around 26,277. Important resistance levels for Thursday include 26,237, 26,281 and 26,351, while support lies near 26,097 and 26,054. Bank Nifty also hit a record 59,440 before closing with 0.22 percent gains. Options positioning shows maximum call interest at 26,500 for Nifty and 60,000 for Bank Nifty, marking short-term hurdles. The Nifty PCR rose to 1.44, indicating strengthening bullish sentiment, while India VIX stayed steady at 12.14, reflecting controlled volatility.
Tags:
- Nifty 50
- Bank Nifty
Explore:Mutual Fund Screening
1 min read
91 words
Nifty and Bank Nifty show strong upward bias with clear resistance and support zones, rising PCR levels, and low volatility ahead of November 21 session.
Nifty 50 advanced 0.5 percent to close near 26,192, crossing the 26,100 resistance level and inching closer to its all-time highs around 26,277. Important resistance levels for Thursday include 26,237, 26,281 and 26,351, while support lies near 26,097 and 26,054. Bank Nifty also hit a record 59,440 before closing with 0.22 percent gains. Options positioning shows maximum call interest at 26,500 for Nifty and 60,000 for Bank Nifty, marking short-term hurdles. The Nifty PCR rose to 1.44, indicating strengthening bullish sentiment, while India VIX stayed steady at 12.14, reflecting controlled volatility.
Nifty 50 advanced 0.5 percent to close near 26,192, crossing the 26,100 resistance level and inching closer to its all-time highs around 26,277. Important resistance levels for Thursday include 26,237, 26,281 and 26,351, while support lies near 26,097 and 26,054. Bank Nifty also hit a record 59,440 before closing with 0.22 percent gains. Options positioning shows maximum call interest at 26,500 for Nifty and 60,000 for Bank Nifty, marking short-term hurdles. The Nifty PCR rose to 1.44, indicating strengthening bullish sentiment, while India VIX stayed steady at 12.14, reflecting controlled volatility.
Tags:
- Nifty 50
- Bank Nifty
- Nifty 50
- Bank Nifty
- trade setup
- derivatives
- markets