Pre-market insights today: Things to know before opening bell

The market has been range-bound for over a week, awaiting triggers to break the 19,620-19,875 range.

A move above 19,900 could lead to all-time highs, while a drop below 19,600 may result in a near-term downward correction.

Technical Analysis:

The Nifty shows sideways movement, indicating a wait for triggers to break beyond the 19,875-19,650 levels.

Near-term uptrend remains intact; upcoming assembly election results (exit polls on Nov 30, results on Dec 3) are expected to be a trend-decider.

Key Support and Resistance Levels:

Nifty: Support at 19,774, 19,759, 19,735; Resistance at 19,823, 19,838, 19,863.

Nifty Bank: Support at 43,622, 43,565, 43,474; Resistance at 43,806, 43,862, 43,954.

Options Data:

Call OI: Max OI at 19,900 and 20,000 strikes.

Put OI: Max OI at 19,800, 19,000, and 19,500 strikes.

Stocks Activity:

High Delivery Percentage: Shriram Finance, Godrej Consumer Products, Asian Paints, Balkrishna Industries, HDFC Bank.

Long Build-up (32 Stocks): BHEL, Syngene International, GMR Airports Infrastructure, Hindustan Aeronautics, NMDC.

Long Unwinding (52 Stocks): Balrampur Chini Mills, Tata Chemicals, HPCL, M&M Financial Services, Gujarat Gas.

Short Build-up (69 Stocks): Apollo Tyres, Berger Paints, Shree Cement, Oberoi Realty, Bosch.

Short Covering (33 Stocks): Coromandel International, IDFC FIRST Bank, Aditya Birla Fashion & Retail, Hindustan Copper, Tata Communications.

Put Call Ratio (PCR):

Nifty PCR dropped to 0.99 on Nov 24, indicating an increase in bullish sentiment.

Other Market News:

Warren Buffet's BH International Holdings exited Paytm operator One 97 Communications.

Notable stocks in the news: Bandhan Bank, Fortis Healthcare, PNB Housing Finance, PB Fintech, Siemens, Bank of Baroda.

Funds Flow:

FIIs net bought shares worth Rs 2,625.21 crore, while DIIs purchased Rs 134.46 crore on Nov 24.

F&O Ban List:

NSE added BHEL and Granules India; retained Balrampur Chini Mills, Hindustan Copper, HPCL, Indiabulls Housing Finance, Zee Entertainment; removed India Cements, Manappuram Finance, MCX India, RBL Bank.

Disclaimer: The information provided is based on expert opinions and should be verified with certified experts before making investment decisions.