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Below the Quote on Pre-market comment 18th November 2025 by Amruta Shinde, Technical & Derivative Analyst, Choice Broking

Indian equities are expected to open on a weak note on November 18, with the GIFT Nifty indicating a start near 25,987 — roughly 73 points lower. Market sentiment remains cautiously optimistic despite mixed global cues and the absence of major domestic triggers. In the near term, traders will closely monitor global markets, crude oil price action, and institutional flows to assess directional clarity.

The Nifty, after opening with a strong 38-point gap-up in the previous session, maintained a sideways-to-bullish tone, supported by consistent buying interest. Immediate resistance now lies at 26,100, followed by 26,150, while the 25,850–25,900 band is likely to offer meaningful support and serve as an accumulation zone for positional traders. These levels will remain crucial as the index navigates early weakness.

The Bank Nifty mirrored the broader market’s resilience, reflecting renewed buying momentum. Strong support is identified at 58,600, and a breakdown below this mark may trigger a modest decline toward 58,800. On the upside, resistance at 59,100 remains a key barrier, and a sustained breakout above this level may open the path toward 59,300, indicating potential continuation of the bullish trend.

In flows, Foreign Institutional Investors (FIIs) turned net buyers on November 17 after five consecutive sessions of selling, purchasing equities worth Rs.442 crore. Domestic Institutional Investors (DIIs) also contributed positively with net inflows of Rs.1,465 crore.

 Given the prevailing volatility and global uncertainty, traders are advised to adopt a selective buy-on-dips approach while using leverage cautiously. Tight trailing stop-losses and partial profit-booking remain essential for risk management, while fresh long positions should be considered only above 26,100, supported by close tracking of global cues and technical levels.

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