On November 21, the Nifty 50 fell 169 points to 23,350, remaining below the 200 DEMA for the fifth consecutive session, with potential support at 23,200. Resistance is seen in the 23,500–23,550 range, while the Bank Nifty needs to maintain above 50,000 to target 50,800–51,000; otherwise, it may drop to 49,500.
