Nifty is making a Cup and Handle pattern on the chart. That strengthens our bullish case. Supports are there to limit the downside. We expect the Nifty 50 and the Nifty Bank index to rise further from now on.
Nifty has support points at 25,750 and 25,500. It could rise to 26,300 from here itself, or after a short-lived dip to 25,500. A possible breakthrough above 26,300 could then go much higher towards 26,800 in the short term.
The Nifty Bank index has good support at 57,500-57,400. Within a week or two this could rise to 59,300-59,500. A break above 59,500 could then take the Nifty Bank index higher to 60,300 initially and eventually to 61,500-62,000 in the medium term.
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Published on November 15, 2025
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