📊 NIFTY 50 Index — Market Outlook Today (7th Nov 2025)
Index: NIFTY 50 | Current Price: ₹25,436 | Timeframe: 30-Minute Chart
🔍 Chart Summary & Technical View
The NIFTY 50 index is trading within a downward-sloping channel, continuously forming lower highs and lower lows. A “Big-Player Buying” signal has appeared near ₹25,300–₹25,350, indicating potential short-term support. While momentum has weakened, buyers are stepping in at the lower boundary to defend this zone.
📈 Key Technical Levels
| Zone Type | Price Range | Observation |
|---|---|---|
| Immediate Resistance | ₹25,520 – ₹25,600 | Top of intraday channel; mild selling pressure. |
| Next Resistance | ₹25,700 – ₹25,750 | Strong supply zone before breakdown. |
| Support Zone | ₹25,300 – ₹25,350 | Big-Player Buying area; possible base. |
| Major Support | ₹25,200 | Break below may trigger deeper fall toward ₹25,000. |
🧭 Market Outlook Today
Bullish Scenario: If NIFTY sustains above ₹25,520 and breaks ₹25,600 with volume, expect a short-term rebound toward ₹25,750–₹25,800.
Bearish Scenario: Failure near ₹25,520 followed by a drop below ₹25,350 may resume weakness toward ₹25,200–₹25,100.
⚖️ Conclusion
- 📈 Short-term Bias: Neutral to mildly bullish while above ₹25,350.
- 📉 Medium-term Bias: Bearish until price breaks above ₹25,600.
- Trading Plan: Watch for a pullback to ₹25,600 — if rejected, re-enter shorts. If price closes above ₹25,600, switch to a long setup for a relief rally.
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