Indian stock markets are expected to start on a slightly negative note on Tuesday, November 18, 2025, mirroring weak global cues. However, underlying domestic factors continue to support a generally positive outlook. Here's a breakdown of what to expect:

Global and Domestic Cues:

• Global Markets: Asian-Pacific markets are trading lower, with Japan's Nikkei 225 and South Korea's Kospi both in decline. This weakness in global markets is expected to exert some pressure on the Indian indices at the open.
• GIFT Nifty: The GIFT Nifty is trading around 26,008, indicating a potential gap-down opening for the Nifty 50.
• Domestic Sentiment: Optimism surrounding a potential India-US trade deal, coupled with positive corporate earnings and stable macroeconomic indicators, is likely to sustain buying interest.

Monday's Market Performance:

• On Monday, November 17, the Sensex climbed 388.17 points (0.46%) to close at 84,950.95, while the Nifty gained 103.40 points (0.40%) to settle at 26,013.45.
• The Nifty 50 reclaimed the 26,000 mark, driven by broad-based buying, particularly in banking and auto shares.
• All sectoral indices closed in the green.

Nifty 50 Outlook:

• Technical Analysis: On the daily chart, the Nifty has formed a bullish candle, suggesting underlying strength. The uptrend remains strong, with support shifting higher to the 25,800-25,850 zone.
• Resistance and Support Levels: Immediate resistance is expected around 26,100, with a potential target of 26,300 if this level is breached. Support is placed around 25,800.
• Analyst Views: Experts suggest that if the Nifty holds above 26,000, it could move towards 26,300-26,400 in the short term. A sustained close above 26,050 will be key to strengthening bullish momentum.

Sensex Outlook:

• Technical Analysis: Sensex has formed a bullish candle on the daily charts, holding an uptrend continuation pattern on intraday charts.
• Resistance and Support Levels: Key support for day traders is seen at 84,500. Above this level, the Sensex could move up to 85,200, with further potential to 85,500-85,700.
• Analyst Views: A sustained move above 85,100-85,200 could trigger fresh bullish momentum.

Bank Nifty Outlook:

• The Nifty Bank index rallied on Monday, supported by broad-based gains across its constituents.
• Resistance and Support Levels: Near-term support levels are at 58,528 / 58,258, while resistance levels are at 59,398 / 59,667.

Trading Strategy and Stock Recommendations:

• Cautious Optimism: Overall sentiment remains cautiously optimistic, but traders should monitor global cues and key support and resistance levels.
• Stock Recommendations: Stocks that investors can consider buying today are NBCC (India) Ltd and Punjab National Bank (PNB).
• Breakout Stocks: Garware Hi-Tech Films, Aditya Infotech, Azad Engineering, Allied Blenders and Distillers, and PDS are recommended as breakout stocks to consider.

Overall Market Sentiment:

The Indian stock market is expected to continue its positive to moderately bullish trend, supported by strong domestic cues and improving technical indicators. However, weak global cues and potential volatility warrant a cautious approach. Investors should closely monitor key support and resistance levels and remain adaptable to changing market dynamics.