Technical Forecast 13th November 2025 by Vaishali Parekh, Vice President - Technical Research at PL Capital
Below the Technical Forecast 13th November 2025 by Vaishali Parekh, Vice President - Technical Research at PL Capital
Forecast
NIFTY / SENSEX
After continued with the positive move to surge ahead with strength indicated and has crossed above our important hurdle at 25750 zone to further strengthen the trend and can anticipate retesting the previous peak level of 26100 zone in the coming sessions. The index would now have the elevated near-term support zone at 25700 level which needs to be sustained to maintain the overall bias intact and once a breakout above 26100 level is confirmed, one can expect for higher targets of 26600 and 27000 levels in the coming days. Sensex continued with the strong robust move to breach above the 84400 zone to strengthen the trend anticipating for further upward move in the coming days. As mentioned in our earlier report, the index would have the next targets of 85000 and 86300 levels with the undertone getting stronger and would have the near term support positioned near the important 50EMA at 82700 level which needs to be sustained to maintain the bias intact. The support for the day is seen at 25750 levels, while the resistance is seen at 26100 levels.
BANKNIFTY / BANKEX
BankNifty after opening on a positive note, once again found resistance near the 58500 zone and in the final hours slipped down to end just below the 58300 level with bias still maintained intact with consolidation happening and would need a decisive breach above the hurdle at 58500 level to trigger for fresh upward move in the coming days. The index would have the important and crucial support positioned near the 50EMA at 56800 level which needs to be sustained. Bankex after opening with a gap up on a positive note, found resistance near the 65600 zone and slipped down with profit booking witnessed to end near the 65350 level. The index is still gripped between a right range and would need a decisive breakthrough on either side to establish a directional move. As mentioned in our earlier report, the near term support would be maintained near the 63800 level which needs to be sustained and on the upside a decisive move above the 65700 level is necessary to trigger for fresh upward move in the coming days. BankNifty would have the daily range of 57800-58800 levels
Nifty / BankNifty / Sensex / Bankex - Daily Technical Levels
Please refer disclaimer at https://www.plindia.com/disclaimer/
SEBI Registration No. INH000000271
