Monday, 3 November 2025

BANK NIFTY @ 57,786 — “Next 2 Days View (Nov 3–4, 2025) ⚔️ Smart Money Balancing Between 57,600–58,400” | Monthly Expiry Technical Analysis

🔍 BANK NIFTY @ 57,786 — “Next 2 Days View ⚔️ Smart Money Balancing Between 57,600–58,400” | Monthly Expiry Analysis

💡 Note: This analysis is based on AI-powered models and is shared for educational & informational purpose only. यहाँ दिए गए “Buy/Sell” या “Target” signals AI-generated insights हैं — ये किसी प्रकार की personal investment advice नहीं है।

🔍 BANK NIFTY @ 57,786 — “Next 2 Days View (Nov3–4, 2025) ⚔️ Smart Money Balancing Between 57,600–58,400”

PCR ≈ 0.78 • Range: 57,500–58,400 • Data Source: NSE (Monthly Expiry)
India • 3 November 2025
Expiry: Monthly

🧭 Overall Structure

Trend: Sideways to Mild Negative Bias
Bank Nifty consolidating near 57,700–58,000 with a lower high structure.
Volatility cooling off slightly as traders await breakout direction.

📊 1️⃣ Bank Nifty Spot Chart (30-min)

  • RSI: 43 → Weak momentum, below midline
  • CCI: -98 → Still negative, no strong recovery
  • MACD: -9.3 vs +23.9 → Bearish crossover but flattening
  • ADX: 24 → Neutral trend; +DI < -DI

Interpretation: Momentum weak, but oversold signs visible. Expect short-covering bounce near 57,500–57,600; resistance seen at 58,200–58,400.

🟢 2️⃣ BANKNIFTY25NOV25 57800 PE (5-min)

  • RSI: 73 → Overbought, profit booking likely
  • CCI: +211 → Overheated, near short-term top
  • MACD: Bullish, losing strength
  • ADX: ~18 → Trend could pause

View: PE gained strong momentum; slight pullback possible if Bank Nifty stays above 57,600. 🎯 Target Zone: ₹520–₹580 support; below ₹500 = weakness.

🔴 3️⃣ BANKNIFTY25NOV25 57800 CE (5-min)

  • RSI: 32 → Oversold
  • CCI: -156 → Undervalued
  • MACD: Bearish but flattening
  • ADX: ~19 → Possible reversal attempt

View: CE oversold, short-covering likely if spot stabilizes. Resistance: ₹950–₹1,050 | Reversal Zone: above ₹880 = bounce to ₹1,000+

🧩 4️⃣ Option Chain Snapshot

StrikeCE OICE ChangePE OIPE ChangeView
57,8008,439+2858,112+2,850Neutral zone
58,00011,986+1,20917,493+7,689Strong Put build-up
58,200–58,400Moderate CE addHeavy PE addResistance forming
57,500CE addPE unwindWeakness zone

📊 PCR ≈ 0.78 → Neutral to Slightly Bullish Bias
Writers defending 58,000 PE; CE sellers active at 58,400–58,600.

⚙️ 5️⃣ Technical Summary

IndicatorReadingBias
RSIWeak (43)Bearish–Neutral
CCIOversoldPossible Bounce
MACDBearishWeak Momentum
ADX24Range-bound
Option ChainSupport @ 57,800Neutral–Bullish tilt

🎯 Levels to Watch

Support Zones:
  • 57,600 → Reversal Zone
  • 57,400 → Breakdown alert
Resistance Zones:
  • 58,200 → Supply zone
  • 58,400 → Short covering trigger

🧠 Strategy Outlook (Next 2 Days)

  1. Range View: 57,500 – 58,300 likely range.
  2. Bullish Setup: Buy CE 58,000/58,200 above 58,200 spot; SL 57,700.
  3. Bearish Setup: Buy PE 57,800 if below 57,600; Target 600+, SL above 58,000.

🧩 Conclusion

🔹 Bank Nifty consolidating near support zones.
🔹 CE oversold and PE overbought = short-term mean reversion possible.
🔹 Bounce attempt likely early week; 58,200–58,400 supply will decide sustainability.

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