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Nirmal Bang Securities Pvt Ltd
Published on 04-11-2026 01:52 pm
1-2 Days Derivatives Call Target Achieved in BANKNIFTY 23NOV Future at 56000, Call initiated at 55170 (ANALYST NIRAV)
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Jainam
Published on 04-11-2026 01:40 pm
Jainam Broking Limited
PICK OF THE WEEK BUY recommendation
STOCK FNO GODREJPROP 23 NOV 2026 CE 1800.00
Entry 24.5
Target 55
SL 10
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Godrej Properties Ltd.
1738.65
1743.3
Mansukh Securities & Finance Ltd
Published on 04-11-2026 11:30 am
BUY BANK NIFTY 55600 PUT NOV ABOVE 730.75 SL BELOW 650 TGT 765-815-855. 23 NOV
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ICICI Direct
Published on 04-11-2026 10:31 am
Intraday Rational :
• Trend - Robust recovery from key support of 53800 confirms strong support zone
• Levels : Buy around 80% retracement of Tuesdays range.
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ICICI Direct
Published on 04-11-2026 10:31 am
Technical Outlook :
• The index started the day with gap-up opening and thereafter traded northwards as intraday declines were brought into. The daily price action formed is bull candle with higher high higher low intact indicating positive bias.
• Key point to highlight is that Index has closed above last week high (55068) coinciding with 20-day EMA signaling positive momentum in short term. Going ahead we believe index to head towards 56000 mark being 80% retracement of recent decline.
• On the downside revised support is now placed at 54700 being 50% retracement of current up move (53626-55740)
• Nifty PSU Bank Index formed bear candle engulfing previous session candle indicating profit booking. Going ahead we expect Index to consolidate in the range 8400- 8100 as it continues to form a base in the vicinity of its 52 weeks EMA.
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