Daily Derivative Report - 5th November 2026 by Religare Broking Ltd
Market Outlook
The bullish momentum remained intact in the Indian market, with the benchmark Nifty50 index extending its gains by 0.63% in the previous trading session. The banking index also mirrored the broader market strength, advancing 0.67%. On the derivatives front, fresh put writing activity at the 23,700 and 23,800 strikes indicates an elevated support zone. Meanwhile, fresh Call writing is also seen at the 24,000 strike, suggesting a near-term upside hurdle. Overall, the market structure continues to favor a positive bias, supported by improving technical and derivatives OI positioning. However, a cautious stance remains advisable at higher levels.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ00017433
More News
.jpg)
Morning Glance 5th November 2026 - ARETE Securities Ltd
