return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. Trading
    /
  5. Trade setup for Nov 17: NIFTY50 charts indicate consolidation ahead on Monday

Market News

Trade setup for Nov 17: NIFTY50 charts indicate consolidation ahead on Monday

Upstox
By Upstox News Desk

2 min read | Updated on November 17, 2025, 07:55 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

GIFT NIFTY futures indicate a positive start for the NIFTY50 on Monday. The options data indicate a broad range of 25,700 to 26,000 for tomorrow's expiry

The broader market ended mixed, with the Nifty Midcap 100 index rising 0.63% to 59,843.15, supported by strong gains in L&T Finance (10.65%), BSE Ltd (8.61%), and Vodafone Idea (3.67%). Image: Shutterstock

NIFTY50 is expected to open in positive on Monday. Image source: Shutterstock.

NIFTY50

Max call OI:26,000

Max put OI:25,700

(Ten strikes to the ATM, 18 Nov expiry)

NIFTY50 consolidates further amid weak global cues and a sharp selloff in the US equities. Investors will closely monitor Nvidia's earnings this week, which remain a major trigger for the week. The GIFT NIFTY futures indicate a positive start for the NIFTY50 this week. Asian markets trade lower for the week, amid weak GDP data for Japan.

Open FREE Demat Account within minutes!
Join now
Nifty50_2025-11-17_07-25-17.png

On the technical front, the NIFTY50 indicates consolidation amid mixed cues. The index held the support of the 21-EMA at 25,700, which remains the key support for today’s trading session. On the upside, 26,000 remains the key resistance for the index.

nifty17nov.png

On the options data front, 26,000 calls hold the highest open interest, indicating a strong resistance for the index. While 25,700 holds the highest open interest, indicating a strong support for the index for tomorrow’s expiry.

Stock Scanner

Long buildup: - Eternal

Short buildup: - Eicher Motors

Top traded futures contracts: Muthoot Finance, Infy

Top traded options contracts: Infy 1540 CE

F&O securities under ban: NIL

F&O securities out of the ban:

To access a specially curated smartlist of the most traded and active stocks, as well as the OI gainers and losers, simply log in: https://pro.upstox.com/ ➡️F&O➡️Options smartlist/Futures smartlist In Futures and Options or F&O, long build-up means an increase in Open Interest (OI) along with a price increase, and short build-up means an increase in Open Interest(OI) along with a price decrease—source: Upstox and NSE.
Disclaimer: Derivatives trading must be done only by traders who fully understand the risks associated with them and strictly apply risk mechanisms like stop losses. The information is only for consumption by the client, and such material should not be redistributed. We do not recommend any particular stock, securities or strategies for trading. The securities quoted are exemplary and are not recommended. The stock names mentioned in this article are purely for showing how to do analysis
SIP
Consistency beats timing.
promotion image

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story