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THREETREND RESEARCH

11th Nov · SEBI-Registered Analyst

Nifty 50 Analysis - Support levels: 25,350–25,300 are key support zones. - Resistance levels: Immediate resistance at 25,850; next target is 26,100. - Sentiment: Cautiously optimistic with resilience above moving averages. 🏦 Bank Nifty Analysis - Support zone: 57,450–57,650; strong buy zone at 57,150–57,250. - Resistance zone: 58,000–58,250; strong sell zone at 58,325–58,475. - Outlook: Mixed signals; watch for price action near 57,500–57,550. 📈 Sector Sentiment - Mixed performance: Some sectors showing strength while others face profit booking. - Foreign investor activity: Persistent selling pressure noted, contributing to cautious sentiment. 🪙 Commodity Analysis - Gold: Generally stable; traders watching for inflation cues and dollar movement. - Crude Oil: Volatile due to geopolitical tensions and supply concerns. - Dollar Index: Strengthening slightly, which may pressure emerging market assets. 🧭 Trading Strategy for Today - Nifty: Consider long positions near 25,300–25,350 with targets around 25,850–26,100. - Bank Nifty: Buy on dips near 57,150–57,250; watch resistance at 58,000–58,250. - Sectors: Focus on resilient sectors like FMCG and IT; avoid overexposed ones. - Commodities: Use gold and crude oil for hedging; dollar strength may impact equity sentiment.

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