Stock Market Technical Analysis | 10th to 16th Nov 2025 Weekly Wrap
17 Nov 2025
Stock Market Technical Analysis
Last week’s action-packed market move brought fresh strength to key indices despite mixed stock-level performance. Dive into the full analysis to know what shaped the trend.
Expert recommendation by:
- Mr. Ketan Kaushik - Derivative Analyst
Equity
- Benchmark Index traded with positive bias in the previous week before closing with 1.64% gain at 25910 level. Banking Index slightly lagged the benchmark index as it closed with 1.11% gain at 58518 level.
- Among the Nifty constituents, ASIANPAINT and ADANIENT outperformed the benchmark index as they closed with 11.19% and 6.22% gains while TRENT and BAJFINANCE underperformed as they closed with 5.10% and 4.51% cut respectively. Among the Bank Nifty constituents INDUSINDBK outperformed the benchmark index as it closed with 6.40% gain while AUBANK underperformed as it closed with 1.99% cut.
- Among sectors, NIFTYDEFENCE index outperformed the benchmark index during the previous week as it is closed with 4.14% gain while NIFTYMEDIA index underperformed as it closed with 0.67% cut. MIDCAP index performed in line the benchmark index as it closed with 1.50% gain while SMALLCAP index underperformed the benchmark index as it is closed with 0.98% gain.
- Volatility index (India VIX) closed with 4.02% cut at 11.94 level.
- FII were net sellers as they sold stocks worth Rs 12,020Cr while DII were net buyers as they bought stocks worth Rs 24,677Cr during the previous week in the cash segment
- Globally, equity markets traded with positive bias as both US market (DJIA) and European markets (STOXX 600) closed with 0.34% and 1.77% gains respectively.
Derivatives
- Derivatives data for Nifty suggest max OI addition at 27000 call and 25700 put with max OI at 27000 call and 25000 put side (18
th Nov expiry). Nifty cumulative PCR closed at 0.92 for Nov 14. - Derivatives data for Bank-nifty suggest max OI addition at 58500 for both call and put with max OI at 58500 for both call and put side (25th Nov expiry). Bank-nifty cumulative PCR closed at 0.97 for Nov 14.
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Performance:
Indices
| INDEX | Close | Weekly %Change |
|---|---|---|
| NIFTY 50 | 25910.05 | 1.64 |
| BANK NIFTY | 58517.55 | 1.11 |
| FINNIFTY | 27491.85 | 0.93 |
| NIFTYNEXT50 | 69786.85 | 0.61 |
| MIDCAP SELECT | 13865.25 | 3.11 |
| SENSEX | 84562.78 | 1.62 |
| VIX | 11.94 | -4.02 |
Source: NSE
Sector Gainers/Losers
| INDEX | Close | Weekly %Change |
|---|---|---|
| NIFTY AUTO | 27239.8 | 1.72 |
| NIFTY FMCG | 55560.8 | 0.22 |
| NIFTY IT | 36301.25 | 3.37 |
| NFTY METAL | 10494.75 | 0.65 |
| NIFTY PHARMA | 22821.05 | 2.94 |
| NIFTY PSE | 9985.05 | 1.16 |
| NIFTY PSUBANK | 8399.9 | 0.57 |
| NIFTY PVT BANK | 28192.5 | 0.92 |
| NIFTY REALTY | 941.15 | -0.55 |
| NIFTY MEDIA | 1479.7 | -0.67 |
| NIFTY IND DEFENCE | 8287.85 | 4.14 |
| NIFTY MIDCAP | 60739.2 | 1.50 |
| NIFTY SMALLCAP | 18252.5 | 0.98 |
Source: NSE
FII / DII ACTIVITY (WEEKLY)
| INDEX | Rs IN CR |
|---|---|
| FII | 12,020 |
| DII | 24,677 |
Source: NSE
SUPPORT/RESISTANCE LEVEL FOR UPCOMING WEEK
| INDEX | BIAS | S2 | S1 | CLOSE | R1 | R2 |
|---|---|---|---|---|---|---|
| NIFTY | POSITIVE | 25400 | 25600 | 25910 | 26300 | 26500 |
| BANK NIFTY | POSITIVE | 57300 | 57800 | 58518 | 59500 | 60000 |
| FINNIFTY | POSITIVE | 26950 | 27150 | 27492 | 28000 | 28200 |
Source: NSE
DAILY EXPONENTIAL MOVING AVERAGE
| INDEX | CLOSE | 9 DAYS | 21 DAYS | 50 DAYS | 100 DAYS | 200 DAYS |
|---|---|---|---|---|---|---|
| NIFTY | 25910.05 | 25770 | 25663 | 25413 | 25129 | 24707 |
| BANK NIFTY | 58517.55 | 58154 | 57735 | 56891 | 56083 | 54751 |
| FINNIFTY | 27491.85 | 27341 | 27234 | 26952 | 26614 | 25903 |
Source: NSE
TECHNICAL OUTLOOK
NIFTY (WEEKLY)
- Benchmark index traded with positive bias in the previous week and closed with bullish candlestick formation on the weekly chart
- Benchmark index is likely to trade with positive bias in the coming week
- Benchmark Index has support at 25,600 – 25,400 level and resistance at 26,300 – 26,500 level
BANKNIFTY (WEEKLY)
- Banking index slightly lagged the benchmark index however, it also closed with bullish candlestick formation on
the weekly chart - Banking index is likely to trade with positive bias in the coming week
- Banking index has support at 57,800 - 57,300 and resistance at 59,500 -60,000 level
FINNIFTY (WEEKLY)
- FINNIFTY index slightly lagged the banking index but closed with positive candlestick formation on the weekly chart
- FINNIFTY is likely to trade in line with the banking index in the coming week
- FINNIFTY has support at 27,150 - 26,950 level and resistance at 28,000 - 28,200 level.
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