Nifty 50 Prediction for Monday: Index Closes on Its High at 25,030 After a 642-Point Rally, With the Weekly Expiry and 25,000 Call Wall in Focus (9 November 2026)
- September 28, 2026
- Posted by: Kunal Singla
- Category: Market
Nifty 50 25,030.35 (+2.01%). Range 24,388.05 to 25,030.35. RSI 80.5. PCR 1.63. Call wall 25,000. 200-day average 23,995. Seventh straight gain. Weekly expiry Monday.
Quick Answer
The Nifty 50 closed at 25,030.35 (+2.01%) on Friday after dipping to 24,388.05 early, finishing exactly on its day high. Analysts Ankit Jaiswal and Kunal Singla expect a 24,700 to 25,300 range on Monday, with 25,000 as the first support and 25,100 as the first hurdle. Put writers have stacked contracts from 24,600 to 24,800, while the largest call open interest sits at 25,000 and 25,500. A close above 25,100 would extend the rally, while a close below 24,800 would weaken it.
The Nifty 50 prediction for Monday starts with a seventh straight green close. The index fell 148 points under its previous close in early trade, climbed 642 points from that low and settled at 25,030.35, which lifts the seven-session gain to approximately 2,332 points, or 10.3%.
Ankit Jaiswal, Senior Research Analyst at Univest, flags that the index has moved to 4.3% above its 200-day average, so 24,000 now works as a distant support zone while the 25,000 round number becomes the immediate test. Kunal Singla, Associate Director at Univest, suggests watching whether dip demand shows up near 25,000 in the first hour, because the weekly contract expires the same day and India VIX has jumped to 17.69.
Click Here – Get Free Investment Predictions
Nifty on Monday: How the Index Traded on Friday
- The Nifty 50 closed at 25,030.35, up 493.75 points (+2.01%), against a previous close of 24,536.60.
- The index opened at 24,538.20 and traded in a 642-point band between 24,388.05 and 25,030.35, closing at the top of it.
- India VIX rose 13.54% to 17.69, its highest close of the past five sessions, even as the index climbed.
- Nifty 500 gained 1.00% and Nifty Midcap 50 gained 0.33%, while Nifty Next 50 fell 0.15% and Nifty Smallcap 100 fell 0.82%.
- The 52-week low stands at 22,179.90, about 12.9% below the close.
- Provisional data for Thursday showed foreign institutions with net inflows of about Rs 14,975 crore and domestic institutions as net sellers of about Rs 10,445 crore, according to reports. Friday’s figures are not yet out.
- Among the heavyweights tracked, the highest volumes came from HDFC Bank (about 7.35 crore shares), ICICI Bank (about 4.04 crore) and Tata Steel (about 3.40 crore).
ICICI Bank (+4.75%), HDFC Bank (+3.72%) and Titan (+3.42%) led the large-cap gains among the stocks tracked, while IndusInd Bank (-0.13%) and Tata Motors Passenger Vehicles (-0.58%) were the only decliners among 19 names checked. Nifty Private Bank rose 3.22%, and Nifty IT, the slowest of the large sector gauges tracked, rose 0.43%. These moves set the base for the Nifty 50 prediction for Monday.
Nifty 50 Prediction for Monday: Support, Resistance and Trend
The Nifty 50 prediction for Monday is positive but overbought. The index sits well above its 20-day, 50-day and 200-day averages and closed on its high, but the daily RSI is above 80 and the 25,000 to 25,500 zone carries heavy call open interest.
| Index | Close | Bias | Support | Resistance |
|---|---|---|---|---|
| Nifty 50 | 25,030.35 | Positive but overbought | 25,000, 24,800 and 24,600 | 25,100, 25,200 and 25,500 |
The first support at 25,000 is only 30 points under the close and carries about 52.5 lakh puts. The second support at 24,800 holds about 60.6 lakh puts, and 24,600 holds the largest put base, about 69.5 lakh. A close below 24,600 would put the 24,000 zone and the 200-day average near 23,995 to the test, and the supertrend floor near 23,617 would be the next technical line.
What the Daily Indicators Say About the Nifty 50 on Monday
| Indicator | Reading | Meaning |
|---|---|---|
| RSI (14) | 80.5 | Above 70, so a pause or consolidation is possible |
| 20-day EMA | 23,393 | Price is about 7.0% above it |
| 50-day SMA | 23,248 | Price is about 7.7% above it |
| 200-day SMA | 23,995 | Price is about 4.3% above it, now a support zone |
| MACD vs signal | +328.0 vs +66.6 | Well above zero and above its signal line |
| Supertrend (10, 3) | Bullish, floor 23,617 | Trend direction is up while price holds above it |
The readings behind the Nifty prediction for Monday favour a positive trend that is stretched in the short term. Analysts at Univest suggest that holding above 25,000 would keep the breakout intact, while a slide back under 24,800 would suggest that Friday’s close was a spike and not a change of trend.
What the Weekly Option Chain Shows for the Nifty on Monday
| Strike | Open Interest (lakh) | Reading |
|---|---|---|
| 25,500 | 103.7 calls and 3.7 puts | Second call wall |
| 25,200 | 60.9 calls and 3.3 puts | Third call base |
| 25,100 | 47.0 calls and 8.9 puts | First call strike above the close |
| 25,000 | 116.2 calls and 52.5 puts | Largest call wall, now just under the close |
| 24,800 | 46.0 calls and 60.6 puts | Put base |
| 24,700 | 31.5 calls and 69.0 puts | Second-largest put base |
| 24,600 | 27.7 calls and 69.5 puts | Largest put base |
The series expires on Monday, 9 November, and total open interest is about 2,435 lakh puts against 1,492 lakh calls, a put-call ratio of 1.63. For the Nifty 50 prediction for Monday, the 25,000, 24,800 and 25,100 strikes matter most, and positions can change after Sunday’s Muhurat session.
Nifty 50 on Monday: Heavyweights to Watch
Index moves usually follow the largest weights, so the Nifty 50 on Monday depends on them. These names are not buy calls, and each should be checked against your own risk plan before acting.
| Stock | Friday’s Move | What to Watch on Monday |
|---|---|---|
| HDFC Bank | +3.72% to Rs 788.25 | Closed at its day high on about 7.35 crore shares, the most traded heavyweight tracked. Watch Rs 754.05, the day low, as support. |
| ICICI Bank | +4.75% to Rs 1,571.20 | Closed at its day high. Watch Rs 1,504.60, the day low, as support. |
| Reliance Industries | +0.50% to Rs 1,320.00 | Closed at its high but lagged the index, trading between Rs 1,295.00 and Rs 1,320.00. Watch Rs 1,295.00 as support. |
| Bharti Airtel | +2.45% to Rs 2,107.20 | Rose in the first full session after its results. Watch Rs 2,120.00, the day high, as the first hurdle. |
| Infosys | +1.20% to Rs 1,181.40 | Closed under its day high of Rs 1,198.80 within a range down to Rs 1,163.00. Watch Rs 1,198.80 as the first hurdle. |
| ITC | +1.54% to Rs 283.15 | Closed at its high on about 1.71 crore shares, trading from Rs 275.85. Watch Rs 275.85, the day low, as support. |
Download the Univest iOS App or Univest Android App to get daily stock recommendations and insightful research pieces.
Global Cues for the Nifty on Monday
- Reports said US technology shares sold off sharply overnight on Thursday, which hit Asian markets on Friday morning, yet the Nifty recovered and closed at its high.
- GIFT Nifty pointed to a weaker start on Friday morning, according to reports, but the index opened flat. GIFT Nifty on Monday morning will give the first cue for the gap.
- Brent crude was near 99 dollars a barrel on Friday morning, according to reports, after falling below 95 dollars on Thursday.
- Wall Street’s Friday session closes after the Indian market and may set the tone for Monday’s open.
Events That Can Move the Nifty on Monday
- Sunday, 8 November: a Diwali Muhurat session runs from 2:20 PM to 3:30 PM, according to exchange circulars.
- Saturday, 7 November: Tata Steel, Divi’s Laboratories and Tata Chemicals report results, so the reaction comes on Monday.
- Monday, 9 November: the Nifty weekly contract expires, and it is the last session before a holiday.
- Tuesday, 10 November: the market is closed for Diwali Balipratipada, and trading resumes on Wednesday, 11 November.
Nifty 50 Prediction for Monday: Scenarios and Strategy
| Scenario | Trigger | What It Would Suggest |
|---|---|---|
| Positive | Close above 25,100 with rising volume | A move toward 25,200 and then 25,500, where the second call wall sits |
| Base case | Trade between 24,800 and 25,100 | Consolidation after seven straight gains, the usual pattern for the Nifty on expiry day |
| Cautious | Close below 24,800 | A test of 24,600 and then the 200-day average near 23,995 |
- For the Nifty 50 on Monday, allow the first 30 minutes to pass before judging direction, since the index swung 642 points inside Friday alone.
- Treat 25,000 as the line that decides whether the breakout holds.
- Do not chase the index into 25,100 without a close above it, and set exit levels before entering.
- Treat the Nifty prediction for Monday as a range, not a promise.
Check live Nifty 50 levels and sector trends on the Univest Screener
What Does Sentiment Indicate for the Nifty on Monday?
Sentiment for the Nifty 50 on Monday is constructive but narrowing. Private banks drove the gain, the broader Nifty 500 rose half as much as the Nifty, and smaller companies fell, while the RSI is above 80 and India VIX rose to 17.69.
Ankit Jaiswal suggests watching whether the index can hold above 25,000 during the first hour, since that would keep the breakout intact. Kunal Singla flags that Friday’s flow figures are not yet out and that domestic institutions were reported as net sellers on Thursday, so the next data may change the picture for the Nifty 50 on Monday.
Risks to the Nifty 50 Prediction for Monday
- A weak Wall Street close on Friday or a jump in crude could change global risk appetite before the open.
- Profit-taking after seven straight gains could pull the index below 24,800 without any change in the wider trend.
- A fresh slide in technology shares, which sold off sharply overseas, could cap the Nifty near 25,100.
- On the upside, steady foreign inflows and a squeeze on call writers at 25,000 could carry the index through 25,100 and toward 25,200 faster than expected.
Conclusion
The Nifty 50 prediction for Monday is positive but overbought, with 25,000 and 24,800 as support and 25,100 and 25,200 as resistance. Ankit Jaiswal and Kunal Singla suggest that a close above 25,100 would extend the rally, while a break below 24,800 would weaken it. The Nifty outlook for Monday is a view, not a guarantee. These are educational views, so size every decision to your own risk plan.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the Nifty 50 prediction for Monday, 9 November 2026?
Ans. The Nifty 50 prediction for Monday starts from Friday’s close of 25,030.35 (+2.01%), exactly at the day high and 4.3% above the 200-day average. Analysts at Univest expect a range of 24,700 to 25,300, with a close above 25,100 needed to extend the rally and a close below 24,800 likely to weaken it. The weekly expiry falls on Monday, and the market is closed on Tuesday.
What are the Nifty support and resistance levels for Monday?
Ans. For the Nifty 50 on Monday, support sits at 25,000, 24,800 and 24,600. The put open interest at 24,600, 24,700 and 24,800 is about 69.5 lakh, 69.0 lakh and 60.6 lakh, and 25,000 holds about 52.5 lakh. Resistance sits at 25,100, 25,200 and 25,500, where call open interest is about 47.0 lakh, 60.9 lakh and 103.7 lakh. The 200-day average near 23,995 now sits far below the close as a deeper support zone.
Why did the Nifty rise 2.01% on Friday?
Ans. Reports did not point to a single trigger. Nifty Private Bank gained 3.22% and ICICI Bank, HDFC Bank and Axis Bank each gained more than 3%, while Nifty Pharma added 1.21%. The index fell to 24,388.05 early, then rallied 642 points to close at its high. Breadth was narrower than the headline, since Nifty Smallcap 100 fell 0.82% and Nifty Next 50 fell 0.15%.
Is the Nifty 50 overbought?
Ans. The daily 14-period RSI is 80.5, which sits above the 70 mark that traders call overbought. The index is about 7.0% above its 20-day average of 23,393 and about 4.3% above its 200-day average of 23,995. Analysts at Univest read this as a sign that the Nifty may consolidate before trying to clear 25,100 and 25,500.
What does the Nifty put-call ratio of 1.63 mean?
Ans. A ratio of 1.63 on the weekly series that expires on Monday, 9 November, means put open interest is about 63% larger than call open interest, which points to positioning that leans toward support. Total open interest stands at about 2,435 lakh puts and 1,492 lakh calls. Put writers are concentrated at 24,600 to 24,800, while call writers are concentrated at 25,000 and 25,500.
How does the Nifty expiry on Monday and the Tuesday holiday affect the index?
Ans. The weekly Nifty contract expires on Monday, 9 November, because the market is closed on Tuesday, 10 November, for Diwali Balipratipada. Expiry day can bring sharp intraday moves as option writers adjust, and the index closed 30 points above the heavy 25,000 call strike. A special Muhurat session on Sunday, 8 November, from 2:20 PM to 3:30 PM comes first. Analysts at Univest suggest checking the open interest again each morning before relying on a level.
Which Nifty stocks are on the watchlist for Monday?
Ans. HDFC Bank, ICICI Bank, Reliance Industries, Bharti Airtel, Infosys and ITC are the heavyweights flagged for Monday. These are watchlist ideas, not buy calls, and each should be checked against your own risk plan before acting.
Is this Nifty 50 prediction for Monday investment advice?
Ans. No. These are educational views from SEBI-registered research analysts at Univest, built on closing data, technical readings and options positioning. Please consult a SEBI-registered advisor and check every level against your own risk plan before acting.
