On November 25, 2014, the markets showed strong performance with the Nifty closing above 8500 for the first time, supported by positive global cues and a rally in metal and auto stocks. Key indicators included a 1.25% increase in Bank Nifty and significant movements in individual stocks, such as Infosys and ICICI Bank. The analysis suggests a near-term support range of 8500-8470, with resistance at 8580 and 8620, as the market heads towards the psychological mark of 8600.

1. 25 NOVEMBER14
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2. S S
INDEX
VALUE
CHANGE
%
SENSEX
28499
164
0.58
NIFTY
8530
52
0.62
BANK NIFTY
18281
225
1.25
INDIA VIX
13.01
-0.84
-6.02
CATEGORY
BUY
SELL
NET
FII
4382.65
3975.23
407.42
DII
1606.27
1769.05
-162.78
BIG BULLS ACTIVITY MARKET GOSSIPS FOURTH UMPIRE
Markets opened on strong note supported by strong global cues from China and ECB ; also Metal and Auto stocks pulled indices towards record highs and finally closed near it. Nifty future first time closed above 8500 surpassing all the resistant marks indicating no sign of correction in markets. Now, it is ahead of psychological resistance mark of 8600 and is likely to test it. Near term support range is 8500- 8470 and closing in this range can result in some correction.
TREND: SIDEWAYS
SUPPORT : 8500 & 8460 RESISTANCE: 8580 & 8620 MARKET POSITIONS
 Nifty ends above 8500 first time ever; Bank gains.
 Infy surged; fixed record date for bonus issue.
 ICICI Bank joins RS 2 lakh crore m-cap club; stock up 2%.
 Metal shares rallied after china stimulus.
 Lupin gains on hopes of hike in FII limit.

3. SCRIPS @ TARGETS
B/S
SL1
T1
T2
T3
BPCL
S
716.30
720.30
712.30
708.30
704.30
CANBK
B
405.15
403.15
407.15
409.15
411.15
SCRIPS @ TARGETS
B/S
SL1
T1
T2
T3
AMBUJACEM
B
231.40
229.10
233.70
236
238.40
CROMPGREAV
B
206.40
204.35
208.45
210.60
212.75
SCRIPS CLOSE R2 R1 S1 S2
RELIANCE FUT
988.25
1060
1020
950
910
ONGC FUT
381.60
391
386
376
371
TATA STEEL FUT
478.05
488
483
473
468
SBI FUT
308.50
318
313
303
298
INFY FUT
4273.95
4350
4310
4230
4190
GMRINFRA,HDIL,UNITECH. OPEN INTEREST 21-NOV-13 24-NOV-14 CHANGE IN OPEN INTEREST %
NIFTY
20970050
18906175
-2063875
-9.84
FUTURE
CASH
PIVOT TABLE
FUTURES & OPTIONS DATA
SCRIPS IN F&O BAN FOR TRADE
A STEP AHEAD

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