Quote on Pre-Market Comment 28th November 2025 by Hitesh Tailor, Research Analyst, Choice Broking
Below the Quote on Pre-Market Comment 28th November 2025 by Hitesh Tailor, Research Analyst, Choice Broking
Indian equities appear set for a modest positive start on November 28, with GIFT Nifty futures trading around 26,410, implying a slight upside from yesterday’s close. Global markets remain relatively stable, supported by moderating crude-oil prices and renewed optimism around interest-rate cuts, which keeps investor sentiment broadly constructive.
The Nifty 50 seems likely to stay within a defined range, with near-term resistance in the 26,300–26,350 area and support near 26,050–26,100; dips toward this support zone may offer fresh buying opportunities.
The Bank Nifty remains in focus, having closed at 59,737.30 yesterdays, and continues to attract steady buyer interest. Expect support around 59,400 and resistance near 60,000; a decisive breakout above 60,000 could open room for a move toward 60,500–60,600.
India VIX stands at around 11.79, indicating a low-volatility environment and subdued expectations for sharp near-term swings.
Given this backdrop, a selective buy-on-dips strategy remains appropriate. Traders may consider initiating or adding to long positions if Nifty dips toward 26,050–26,100 or if Bank Nifty finds support near 59,400, while keeping tight trailing stop-losses and booking partial profits on rallies.
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