Amid neutral global markets, neutral domestic institutional investors (DIIs), positive foreign institutional investors (FIIs), neutral futures & options (F&O) and positive sentiment cues, the short-term trend of the Indian stock markets will be positive on Friday, November 15, 2022.

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Nifty support zone 18250-18300, Below that 18125-18200 Strong Buy zone

Nifty higher zone 18375-18415, Above that 18450-18525 Profit booking zone

Bank Nifty support zone 41850-41950, Below that 41600-41775 Strong Buy zone

Bank Nifty higher zone 42225-42350, Above that 42475-42625 Profit booking zone

Nifty support levels 18300, 18260, 18200, 18175, 18150, 18125

Nifty higher levels 18350, 18400, 18450, 18475, 18525

Bank Nifty support levels 41975, 41925, 41850, 41775, 41675, 41600

Bank Nifty higher levels 42150, 42225, 42350, 42475, 42550

- FIIs Index Long at 60% Vs 62%
- PCR at 1.03 Vs 1.22
- Bank Nifty PCR at 1.04 Vs 1.16
- India VIX up by 3.5% at 14.91

Market Live: Cues mixed for Sensex, Nifty; SGX Nifty trades in green after US markets end lower on Monday

For Existing Long Positions:

Nifty Intraday STOP LOSS 18200 n Closing STOP LOSS 18000

Bank Nifty Intraday STOP LOSS 41900 n Closing STOP LOSS 41600

For Existing Short Positions:

Nifty Intraday n Closing STOP LOSS 18425

Bank Nifty Intraday n Closing STOP LOSS 42350

For New Positions:

Buy Nifty in 18175-18250 range:

STOP LOSS 18100 Target 18300, 18325, 18350, 18400, 18475

Aggressive Traders Sell Nifty in 18450-18525 range:

Strict STOP LOSS 18625 Target 18415, 18375, 18350, 18325, 18300, 18260

For New Positions:

Buy Bank Nifty in 41800-41950 range:

STOP LOSS 41600 Target 42000, 42075, 42150, 42225, 42350

Aggressive Traders Sell Bank Nifty in 42350-42500 range:

Strict STOP LOSS 42600 Target 42225, 42150, 42075, 41975, 41925, 41850

F&O Ban Update:

New In Ban: BHEL, Sun TV

Already In Ban: GNFC, PNB

Out Of Ban: Nil

Fusion Micro Finance Listing Preview:

Expected to list near or below issue price of 368

Short Term Investors keep stoploss of 350