Nifty50 Daily Chart Analysis for Thursday, 20 November 2025 – A Practical, Trader-Focused Market Outlook
The Nifty50 has reached an interesting crossroads, and the daily chart is revealing a story worth paying attention to. The current structure of the index suggests strength… but with a hint of hesitation. As we approach Thursday, 20 November 2025, traders—both beginners and professionals—have a lot to decode from this chart.
In this blog, we’ll break down the Nifty50’s daily technical setup using a practical, real-trader approach, with clear buy/sell strategies, sensible stop losses, and option techniques suited for different market conditions. Whether you are a day trader, swing trader, or an options enthusiast, this analysis will help you understand what the market is doing and how you can respond intelligently.
Understanding the Market Structure: What the Daily Chart Reveals
Nifty is currently hovering around 26,052, positioned just below a strong ceiling: the horizontal resistance zone between 26,080 and 26,120. This level has acted as a barrier multiple times over the past few weeks, signaling that sellers or profit-bookers are consistently stepping in here.
On the other hand, the underlying trend continues to be bullish. The price is trading above all the major moving averages—20, 50, 100, and 200 EMAs. These averages are beautifully aligned in a rising formation, which typically indicates that the bulls are still in command.
Moreover, every dip toward the 20-day EMA has so far attracted buyers, showing that institutional money is still supporting the market on corrections.
In simple words:
Nifty is strong, but stuck. And it needs a clean breakout to resume upward momentum.
Key Levels to Watch on Thursday
Before entering any trade, mark these vital zones:
🔼 Resistance Zone (Breakout Level):
26,080 – 26,120
🔽 Immediate Support:
25,590
🔽 Strong Secondary Support:
25,416
Thursday’s trading will likely revolve around how Nifty behaves around these zones.
Trading Strategies for 20 November 2025 (Real, Practical & Actionable)
Let’s break the day into real-time scenarios with practical strategies.
📌 Scenario 1: If Nifty Breaks Above 26,120 — Bullish Continuation
A breakout above 26,120 would mean Nifty is stepping into fresh territory, and such moves often trigger strong momentum.
How to Trade the Breakout
- Entry: Only if Nifty sustains above 26,120 for at least 15–20 minutes
- Stop Loss: 25,950
- Target 1: 26,300
- Target 2: 26,450
Why This Works:
Breakouts backed by strong volume attract three groups of traders:
- Fresh buyers
- Swing traders confirming the breakout
- Short-sellers covering their positions
This often creates a clean upside push.
📌 Scenario 2: If Nifty Shows Rejection at 26,080–26,120 — Short-Term Sell-on-Rise
If the price gets rejected again from the resistance, we may see a mild correction.
How to Trade the Rejection
- Entry Zone: 26,050 – 26,100 (only after bearish candles or rejection wicks appear)
- Stop Loss: 26,180
- Target 1: 25,820
- Target 2: 25,590
Why This Works:
A resistance zone rejected multiple times often becomes a battleground where sellers aggressively defend their territory.
📌 Scenario 3: If Nifty Falls Toward 25,590 — Buy the Dip
If the market opens weak or drops, look for a buying opportunity near 25,590 where multiple technical supports converge.
How to Trade the Dip
- Entry Zone: 25,600 – 25,650
- Stop Loss: 25,480
- Target 1: 25,900
- Target 2: 26,050
Why This Works:
This level aligns with both horizontal support and closely tracked EMAs, making it a likely zone for a bounce.
Options Strategies for Thursday (Safe & Practical)
Options trading is about managing risk while capturing opportunity. Based on the three scenarios:
📌 1. For Breakout Above 26,120 — Bullish Options Play
Strategy: Bull Call Spread
- Buy 26,200 CE
- Sell 26,400 CE
Why: Captures upside while limiting risk, ideal for high-volatility breakout conditions.
📌 2. For Rejection at Resistance — Mildly Bearish Options Play
Strategy: Bear Put Spread
- Buy 26,000 PE
- Sell 25,800 PE
Why: Good risk-to-reward for expected pullbacks without overexposure.
📌 3. For Dip-Buying Near Support — Low-Risk, High-Reliability
Strategy: Sell Cash-Secured Put
- Sell 25,600 PE
- Keep margin/cash to take delivery if assigned
Why: Earn premium if the level holds; acquire positions at a discount if it doesn’t.
Beginner-Friendly Market Explanation
To simplify for new traders:
- 26,080–26,120 is like a roof. Nifty keeps bumping into it.
- If the roof breaks → price may climb higher.
- If the roof doesn’t break → price may fall back slightly.
- 25,590 acts like a floor. If the market reaches it, it often bounces.
The moving averages are all supporting the price from below, telling us the overall trend is still positive.
Pro-Level Tips Every Trader Should Remember
✔ 1. Don’t trade breakouts in the first 5 minutes
The market loves to trap impatient traders early.
✔ 2. Always confirm with volume
A breakout without volume is like a balloon without air.
✔ 3. Don’t chase missed entries
Patience is a profit multiplier.
✔ 4. Journal every trade
Your biggest teacher is your own trading history.
✔ 5. Risk management > accuracy
You can be wrong many times and still be profitable with discipline.
Final Thoughts
The Nifty50 is at a critical point, balancing between a strong uptrend and a stubborn resistance. Thursday’s movement will depend on whether the market finally breaks through the 26,120 barrier or respects it once again.
For breakout traders, range traders, option traders, or beginners—this market provides opportunities for all, as long as you stay disciplined, avoid emotional trades, and react to what the chart is telling you rather than what you want it to do.
Trade smart, manage risk, and let the trend guide your decisions.
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Disclaimer
The views and analysis provided above are for educational and informational purposes only and should not be considered as financial or investment advice. Trading and investing in the stock market involve risk, and past performance does not guarantee future results.
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