Chart Commando

📈 DAILY MARKET UPDATE 📅 Date – 12 November 2026 1️⃣ VERY IMPORTANT NEWS • Nifty closed at 25,255, gaining around 210 points and marking its 9th consecutive positive session. • FIIs made strong buying of approximately ₹12,500 crore, while DIIs sold around ₹8,430 crore. • US markets rebounded sharply, led by semiconductor and AI stocks. Nasdaq gained 1.6%. 🌍 GLOBAL MARKET ✔️ US Markets: • Dow Jones: +0.49% • S&P 500: +1.31% • Nasdaq: +1.60% • Strong recovery in AI and semiconductor stocks. ✔️ Asia Market Update: • Nikkei: +0.4% • Topix: +0.6% • Kospi: +0.1% • Australia ASX 200: -0.5% • Overall Asian markets mixed. ✔️ Gift Nifty Signal: • Trading near 25,241. • Indicating flat to mildly positive opening. ✔️ Crude Oil: • Brent Crude: $92.50/barrel. • WTI Crude: $86.30/barrel. • Around 1% decline from previous Indian market closing levels. 🇮🇳 INDIAN MARKET OVERVIEW ✔️ Sector Trend: • PSU Banks: Strong buying, up nearly 3%. • Banking: Strong performance. • IT: Weak, down around 0.5%. • Midcap: +0.8%. • Smallcap: +1.3%. • Realty and Pharma witnessed selling pressure. ✔️ Market Sentiment / Trend: • Nifty closed at 25,255, up around 210 points. • 9th consecutive positive session. • Broad-based buying continued, but profit booking was visible at higher levels. • RSI near 80 indicates overbought conditions. ✔️ Volatility (India VIX): • India VIX: 17.55 • Increased by 0.7%. 💰 FII & DII DATA ✔️ FIIs: • Net Buying: ₹12,500 crore (approximately). ✔️ DIIs: • Net Selling: ₹8,430 crore (approximately). 📊 COMMODITIES UPDATE ✔️ Crude: • Brent: $92.50 • WTI: $86.30 • Falling crude prices are supportive for Indian markets. 📊 OPTIONS DATA (OI BUILD-UP) ✔️ Call OI: • Maximum Call OI: 25,500. • Next resistance: 25,400. • Fresh Call writing at 25,400 and 25,300. • Overall Call writing increased. ✔️ Put OI: • Maximum Put OI: 25,000. • Next support: 24,800. • Fresh Put writing at 25,200 and 25,300. ✔️ PCR: • Nifty PCR declined from 1.23 to 1.01 (latest report). • Previous report PCR: 0.98. • Indicates reduced bullish positioning. 📈 NIFTY LEVELS ✔️ Trend: Bullish but overbought. Profit booking possible. • Immediate Support: 25,000–25,150 • Major Support: 24,950 • Immediate Resistance: 25,400 • Strong Resistance: 25,500 • Above 25,500: Next upside target 25,800. 📉 BANK NIFTY LEVELS ✔️ Trend: Bullish, but selling pressure at higher levels. • Immediate Support: 60,300 • Major Support: Not specified in the report. • Immediate Resistance: 61,300 • Strong Resistance: 61,400 📊 STOCKS / SECTORS IN NEWS • Bajaj Finance – ₹11,700 crore fundraise through share issuance; short-term dilution concern. • Tata Power – Profit increased 33% to ₹1,652 crore, but EBITDA margin missed expectations. • MSCI November Index Rebalancing – Stocks added or removed may see movement. • PSU Banking stocks – Strong buying interest. • IT stocks – Weakness despite US tech recovery. 🎯 EXPECTED TRADING RANGE TODAY ✔️ Nifty Range: 25,000–25,400 ✔️ Bank Nifty Range: 60,300–61,400 📅 IMPORTANT DATA / EVENTS TODAY • India's October CPI Inflation – Expected 5.9%–6.1%, announcement at 4 PM. • UK GDP Data – 12:30 PM. • US Weekly Jobless Claims – 7 PM. • Fed member speech. • Sensex Weekly Expiry. • MSCI November Index Rebalancing. 🎯 INTRADAY TRADING VIEW 👉 Market sentiment remains bullish due to strong FII buying, positive US markets and lower crude oil prices. 👉 However, Nifty RSI near 80 and nine consecutive positive sessions indicate overbought conditions. 👉 Above 25,400: Watch for bullish momentum towards 25,500. 👉 Below 25,000: Profit booking may extend towards 24,950. 👉 Avoid aggressive buying at higher levels. Watch price action around key support and resistance zones. 📌 QUICK SUMMARY • Nifty remains bullish after 9 consecutive positive sessions, but overbought conditions raise profit-booking risk. • Strong FII buying and falling crude oil prices are positive for Indian markets. • Key Nifty range: 25,000–25,400 | Bank Nifty range: 60,300–61,400.