# Nifty Expiry Today Prediction 3 Nov: Bulls Back In Action

> Nifty 50 rises 0.7% as bulls target 23,800, 24,000.
- Title: Nifty Expiry Today Prediction 3 Nov: Bulls Back In Action
- Summary: Nifty 50 rises 0.7% as bulls target 23,800, 24,000. Nifty 50 gains 0.7% to 23,610.70 ahead of expiry, with technical support at 22,800, 23,200 and resistance…
- Keywords: nifty, nifty 50, sensex, technical analysis, support resistance levels, foreign portfolio investors, crude oil prices, brent crude, money, business, Expiry, Today
- Source: mint — https://livemint.com/market/stock-market-news/nifty-expiry-today-prediction-3-nov-bulls-back-in-action-check-support-resistance-levels-what-should-investors-do-11793677088858.html
- Author: Pranati Deva
- Published: 2026-11-03T04:02:10+00:00
- Read time: 1 min
- Topics: nifty, nifty 50, sensex, technical analysis, support resistance levels, foreign portfolio investors, crude oil prices, brent crude, money, business
## Market Performance
Indian equities rose for a fourth straight session with Sensex up 0.87% and Nifty gaining 0.7%.
## Key Technical Levels
Traders watch resistance near 23,500 and support around 22,800, 23,200 ahead of Nifty expiry.
## Crude Oil Impact
Brent crude traded around $105 a barrel after falling 7% in previous session.
## Foreign Investor Activity
FPIs bought ₹31.15 billion while DIIs sold ₹3.92 billion in Monday's trading.
## Religare Broking Analysis
Religare identifies support at 23,200 with fresh put writing strengthening downside cushion.

> On the technical front, the immediate support base is placed around 23,200, from where the index witnessed a notable reversal in the last trading session.
## Bajaj Broking View
Nifty closed above 50-day EMA and previous month's high of 23,175 signaling possible pause in decline.
## Choice Broking Analysis
Nifty rebounded from 200-week EMA with breakout potential toward 23,700, 24,000.

> Technically, Nifty has staged a strong rebound from the 200-Week EMA and rising trendline support, followed by a breakout from its recent sideways consolidation.
## Investor Advice
Bullish traders advised selective accumulation of quality stocks with disciplined stock selection.

> The brokerage said a decisive breakout above 23,500 could take the index towards 23,800-23,900.
## Market Outlook
Nifty targets 23,800, 24,000 with key support at 22,800, 23,200 and resistance at 23,500.
## Key takeaway

Nifty 50 gains 0.7% to 23,610.70 ahead of expiry, with technical support at 22,800, 23,200 and resistance at 23,500.