Daily Derivative Report - 11th November 2026 by Religare Broking Ltd
Market Outlook
The India market witnessed a volatile trading session, yet remains range-bound following the robust upward momentum observed during the previous week. The Nifty index opened on a positive note but failed to sustain its initial gains and gradually slipped towards the 24,800 zone, which remains a crucial support level for the ongoing rally. From a technical perspective, as long as the index sustains above this level, the broader bullish structure remains intact, with an immediate upside potential towards 25,200. Similarly, the next weekly expiry OI data also indicates fresh Put writing at the 24,800 and 24,900 strikes, highlighting an immediate support zone.

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