Nifty:24221.9/314.65/1.32%;Candle:OGU,Doji; Bank Nifty:52207.5/1072.1/2.1% Candle:OGU,Short day green ; HB:OGU,1786,Short day green
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long37%FutCash;9948;Opt99%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Nil
Stocks retained in F&O ban: Aarti Industries, GNFC, Granules India
Stocks removed from F&O ban: Adani Enterprises, Hindustan Copper, Indraprastha Gas, National Aluminium Company
Market wrap up(DWM,T,N,E):The Nifty 50 extended its strong northward journey for another session, posting a more than one percent rally on November 25 and entering the upper band of the Bollinger Bands, indicating a positive trend. The index may experience some volatility due to the F&O expiry week, but the overall trend now seems positive. It is likely to march towards the 24,400-24,500 range in the upcoming sessions, with support placed at the 24,000 mark, followed by the 23,950-23,850 support zone, according to experts. The Nifty 50 formed a small bearish candlestick pattern with both upper and lower shadows, resembling a High Wave pattern on the daily charts, indicating indecision, especially after the 1,000-point rally in the last two trading sessions. The index climbed above the 20-day EMA (Exponential Moving Average) and entered the upper band of the Bollinger Bands. Meanwhile, the momentum indicator RSI (Relative Strength Index) at 51 maintained a positive crossover and entered the upper band, which is a positive sign. The Bank Nifty outperformed the benchmark Nifty, rising 2.1 percent to 52,208, and formed a bullish candlestick pattern on the daily charts. The index not only climbed above all key moving averages but also traded above the 50 percent Fibonacci retracement (from the record high in September to the November low), with robust volumes, signaling a healthy trend. Additionally, there was a positive crossover in the RSI, which reached 56.7.
