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Daily Market Quote: 06 November 2026

Authored By Prime Research | Published at: Nov 6, 2026 04:28 PM IST

Daily Market Quote: 06 November 2026

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Nifty continued its excellent uprun for the seventh consecutive sessions on Friday and closed the day higher by 493 points. A long bull candle was formed on the daily chart that indicates a decisive breakout of crucial resistance around 24700-24800 levels-as per the concept of change in polarity.
Nifty ended the week with hefty gains of around 8.58% by around 1977 points as per w-o-w basis. This is phenomenal performance of Nifty on the weekly chart over the last five years, with another short session of Muhurat Trading left on Sunday-8th November.
The underlying trend of Nifty remains positive. Further upside from here could open the higher targets of 25500 in the near term. Immediate support is placed at 24750.
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