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Below the Quote on Pre-market comment 11th November 2025 by Amruta Shinde, Technical & Derivative Analyst, Choice Broking

Indian equity markets are likely to open on a flat to slightly positive note today, as indicated by the GIFT Nifty, which is trading near 25,725 — up about 28 points. Investor sentiment remains cautiously optimistic amid mixed global cues and the absence of strong domestic triggers. In the near term, traders will continue to track global market trends, crude oil price movements, and institutional fund flows to gauge overall direction.

The Nifty opened at 25,503 in the previous session and moved within a narrow upward channel throughout the day, touching an intraday high of 25,652 before witnessing mild profit booking toward the close. The index now faces immediate resistance at 25,700–25,750, while support remains at 25,450–25,500, which may continue to act as a potential accumulation zone for positional traders.

The Bank Nifty traded in a range-bound manner and ended the session on a flat note, indicating indecision among participants. Key support levels are placed at 57,600 and 57,800, while resistance is seen at 58,100 and 58,300. The overall outlook for the index remains sideways until a decisive breakout occurs on either side.

On the institutional front, Foreign Institutional Investors (FIIs) were net sellers on November 10, offloading equities worth Rs.4,114 crore. Meanwhile, Domestic Institutional Investors (DIIs) continued their buying streak, purchasing equities worth over Rs.5,805 crore, providing some cushion to the market despite FII outflows.

Given the prevailing volatility and mixed global backdrop, traders are advised to maintain a cautious buy-on-dips approach, particularly when using leverage. Partial profit booking during rallies and the use of tight trailing stop-losses remain essential for effective risk management. Fresh long positions should be considered only if the Nifty sustains above the 26,100 level. While the broader market undertone remains cautiously bullish, close monitoring of key technical levels and global developments will be crucial in determining near-term market direction.

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