Introduction
In the world of intraday trading, precision counts. Today, our focus keyword is nifty daily trading, because we’re zeroing in on actionable support and resistance levels for both the Nifty 50 and the Bank Nifty (November 4, 2025). With the markets consolidating after recent strength, knowing where to trade, when to trade, and where to stop makes all the difference.
Global cues are mildly positive, but the mood is cautious. According to market commentary, “until all indicators align positively, the consolidation phase may continue” for the Nifty. That means while upside is possible, we must respect support zones carefully. Let’s break it down.
Market Context & Technical Bias
1. Broader cues
- Overseas markets are showing gains, which is supportive for Indian equities.
- Domestic sentiment: The Nifty closed near ~25,763.35 in the previous session.
- Volatility remains present: The SMH suggests the Nifty may continue consolidating in the 25,700–26,000 zone.
2. Technical bias
- For Nifty 50: The range ~25,700–25,600 is strong support, while the upper band of ~25,900–26,000 is acting as resistance.
- For Bank Nifty: The index has regained above ~58,000 and seen a bullish candle within the prior range, suggesting consolidation with potential for next leg higher.
- The medium-term uptrend remains intact for both indices but short-term may remain choppy until a decisive breakout occurs.
In short: intraday trading bias: neutral-to-slightly-bullish if support holds and we see a breakout above key resistance. If support fails, expect weakness.
Key Intraday Levels to Watch
Here are refined support/resistance levels you can plug directly into your trading plan.
A. Nifty 50 (Intraday)
| Level | Zone | Focus |
|---|---|---|
| R3 | ~ 26,100 | Major breakout threshold on upside |
| R2 | ~ 25,952 | Secondary resistance |
| R1 | ~ 25,835 | Immediate resistance to monitor |
| Pivot / Reference | ~ 25,763 | Previous close reference |
| S1 | ~ 25,696 | Immediate support |
| S2 | ~ 25,575 | Secondary support, below which caution increases |
| S3 | ~ 25,442 | Lower support zone if weakness accelerates |
B. Bank Nifty (Intraday)
| Level | Zone | Focus |
|---|---|---|
| R3 | ~ 58,575 | Strong breakout level |
| R2 | ~ 58,425 | Secondary resistance |
| R1 | ~ 58,254 | Immediate resistance |
| Pivot / Reference | ~ 58,101 | Recent close |
| S1 | ~ 57,939 | Immediate support |
| S2 | ~ 57,712 | Secondary demand zone |
| S3 | ~ 57,487 | Lower support, risk zone |
Intraday Trade Setups & Strategies
Here are well-defined setups you can consider today.
Setup 1: Breakout Long on Nifty 50
- Trigger: Price closes above ~25,900 on 15-minute chart with supportive volume.
- Entry: Once breakout confirmed, go long.
- Target: First goal ~26,050; extension to ~26,100.
- Stop-loss: Just below ~25,835 (R1 becomes stop‐flip).
- Risk control: Use one-third of usual size due to consolidation.
Setup 2: Fade & Reversal (Nifty 50)
- Trigger: Sharp spike above ~26,100 followed by stalling/candle reversal.
- Entry: Short toward the breakout zone (~25,900-25,800).
- Stop-loss: Above intraday high +10-15 pts.
- Target: ~25,800 or the support zone ~25,696.
Setup 3: Bank Nifty Mean Reversion
- Trigger: Bank Nifty falls toward the S2/S3 (~57,712/57,487) and shows reversal candle.
- Entry: Buy small size for ~100-150 point move.
- Stop-loss: Below ~57,487.
- Target: ~58,254 (R1) or higher depending on momentum.
Setup 4: Range Trade (Bank Nifty)
- Condition: If Bank Nifty remains in ~57,700-58,400 sideways band.
- Strategy: Buy near support, sell near resistance zones.
- Caveat: Avoid breakout chasing unless confirmed with volume and strength.
Risk Management – Non‐Negotiables
- Limit per-trade risk to ≤ 0.25-0.5 % of trading capital.
- Establish a daily loss cap (for example: stop trading after 3 losses or 1 % capital drawdown).
- Pre-set stop-loss orders; avoid moving them intra-trade unless plan changes.
- Stay aware of options risk (theta decay, gamma risk) — especially with Bank Nifty.
- Maintain discipline: trade only when setups align; skip when markets are erratic.
What Could Derail the Plan
- A strong global shock or major policy surprise could break the consolidation bias.
- If Nifty breaks below ~25,575 or Bank Nifty below ~57,487, then the bias flips to weakness.
- If volumes are low, breakout signals may be false – watch for confirmation.
- Option expiry day: implied volatility swings may distort intraday moves. For example: “If Nifty breaks and sustains below 25,700, you can expect it to fall toward 25,550 level.”
Summary
Today’s theme for nifty daily trading: Consolidation with opportunity. The two indices — Nifty 50 and Bank Nifty — are respecting their ranges but showing signs that a breakout could follow. Use the levels above as your roadmap. The “sweet spot” is above support (~25,575 for Nifty, ~57,487 for Bank Nifty) with a breakout trigger, or a well-defined reversal from those support zones. Respect your stops. Keep position size small. When trading flows with structure, the edge is in your control.
