What Does Option Chain Analysis Reveal About Nifty’s Range for 06-November-2025?
About the Report
Latest Option Chain Analysis (04-November-2025) offers insights into Nifty’s near-term trading range and sentiment. With heavy open interest concentration at 26,000 Call and 25,000 Put strikes, the market appears positioned for a cautious consolidation between 25,485 and 25,790, as reflected by the Volume Weighted Average Price (VWAP).
Traders can use these levels to plan straddle or strangle setups for expiry days. For directional clarity, they may also align positions using Nifty Tips Today to synchronize intraday strategy with evolving option signals.
Option Chain Summary
| Parameter | Observation |
|---|---|
| Highest Call OI | 26,000 CE |
| Highest Put OI | 25,000 PE |
| VWAP Range | 25,485 – 25,790 |
| Max Pain | 25,700 |
| Put-Call Ratio (PCR) | 0.73 |
| Sentiment | Cautious — Higher Call Writing vs Put Writing |
With the PCR at 0.73 and stronger Call writing pressure, traders may expect a narrow trading zone, where intraday volatility could be led by short covering on dips and profit booking near 25,800–25,850.
Market Recap – 05-November-2025
- 📉 Nifty: Declined 0.64% after a weak opening and sustained intraday pressure.
- 📊 Nifty Midcap 100: Outperformed slightly, ending down 0.42%.
- 📈 Top Sectors: Consumer Durables, PSU Banks led the gains.
- 📉 Lagging Sectors: Metals, IT stocks underperformed.
- 💰 FII Activity: Net Sellers of ₹1,067.01 Cr.
- 💵 DII Activity: Net Buyers of ₹1,202.90 Cr — supportive at lower levels.
Sector rotation remains visible, with PSU and consumer-linked counters showing relative strength. Defensive positioning continues as global risk cues weigh on sentiment.
Institutional Derivative Positions
| Index | Net Contracts |
|---|---|
| Nifty | -8,258 |
| Bank Nifty | -1,568 |
| Fin Nifty | -13 |
| Midcap Nifty | -541 |
| Nifty Next 50 | -11 |
Derivative data points to cautious positioning by FIIs across index futures, consistent with the lower PCR and Call writing bias. Traders should monitor shifts in open interest at 25,500 and 26,000 levels for near-term direction.
Valuation & Trading View
- Short-term: Neutral to Cautious — expect range-bound trading between 25,480–25,790.
- Medium-term: Positive bias if Nifty sustains above 25,800 on closing basis.
- Long-term: Bullish — structural uptrend intact unless 25,300 is breached.
Day traders may align entries with evolving banking sector cues through insights like BankNifty Intraday Tips for real-time market setups.
Investor Takeaway
Indian-Share-Tips.com Nifty Expert Gulshan Khera, CFP®, who is also a SEBI Registered Investment Adviser, believes that Nifty’s short-term structure remains in consolidation mode with tight ranges dictated by option writers. Traders should remain selective with disciplined stop-losses. Read more live updates and intraday strategies on Indian-Share-Tips.com, which is a SEBI Registered Advisory Services.
Related Queries on Nifty Option Chain Analysis
- What Does the 25,700 Max Pain Indicate for Traders?
- How Does Call Writing at 26,000 Impact Short-Term Sentiment?
- Can VWAP Range Help Identify Next-Day Intraday Levels?
- What Role Do FIIs Play in Index Futures Positioning?
SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.
