Nifty Market Analysis – A Classic FII TrapNifty 50 IndexNSE_DLY:NIFTYSappanimaadan Nifty Market Analysis – A Classic FII Trap Nifty opened at 25,332, moved higher to an intraday high of 25,424, then witnessed a sharp decline to a low of 25,095, before recovering slightly to close at 25,255. A classic trap orchestrated by FIIs! On Monday (09/11/2026 ), FIIs supported the recovery by buying Futures and Call Options while selling Put Options, pushing Nifty back towards the support zone. This activity also turned their net derivatives position positive, with Nifty closing near the support level. Today's ( 11/11/2026) FII strategy, however, appeared quite different. FIIs initially pushed Nifty higher through aggressive Futures buying. Once Nifty moved towards 25,424, they began heavily selling Call Options while simultaneously buying Put Options, indicating a shift towards a bearish stance and exerting downward pressure on the index. Within the range of 25,424–25,095, the 25,260–25,295 zone remains important, with 25,260 acting as a critical level. Despite dragging Nifty down to 25,095, FIIs managed to bring the index back and close it at 25,255. This price action highlights their influence on the market and the importance of closely tracking their derivatives positioning. Our Market View We believe Nifty is likely to remain bearish below 25,255. Downside Targets: - Target 1: 24,986 - Further downside is possible if selling pressure continues. Key Level to Watch: 25,255 A sustained move below this level could strengthen the bearish outlook.