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Below the Technical Morning Ideas 14th November 2025 by Vaishali Parekh, Vice President - Technical Research at PL Capital

Forecast

NIFTY / SENSEX

Nifty witnessed a volatile session, scaling the 26000 zone during the intraday session but fizzling out in the second half to wipe off the gains and closing on a flat note on the back of an anxious approach ahead of the election outcome. The index has witnessed a decent pullback from the 25350 zone to improve the bias, and further, a decisive move past the 26100 is necessary to carry on with the positive move further ahead, having the near-term support zone at the 25700 level, which needs to be sustained to keep the overall bias intact.

Sensex has been finding resistance near the 85000 zone and has slipped down with profit booking witnessed to touch the 84250 zone during the intraday session with bias and sentiment still maintained intact. The index would have the important 20DMA at the 84000 zone as the immediate support for the coming sessions, which needs to be sustained to maintain the optimistic approach, and as mentioned earlier, a decisive breach above the important hurdle at the 85300 zone is necessary to establish conviction and clarity for further rise in the coming days to carry on with the ongoing uptrend. The support for the day is seen at 25700 levels, while the resistance is seen at 26100 levels.

BANKNIFTY / BANKEX

Bank Nifty witnessed another attempt to move past the tough hurdle of the 58500 zone but failed once again, with profit booking seen and closing near the 58400 zone with bias still maintained with a positive approach as of now. As mentioned earlier, the index desperately would need to move past the rangebound barrier of the 58500 level to trigger a breakout with the important and crucial support positioned near the 50EMA at the 56800 level, which needs to be sustained.

Bankex failing to overcome the 65800 zone witnessed some profit booking amid fluctuations and closed near the 65500 zone with bias remaining positive, having the 20DMA level of 65170 positioned as the important support from the current level, which needs to be sustained. BankNifty would have the daily range of 57800-59000 levels.

Nifty / BankNifty / Sensex / Bankex - Daily Technical Levels

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