Nifty Prediction Today – November 03, 2026: Nifty 50 Futures: More rise is on the cards; go long

Nifty 50 opened with a wide gap-up and has surged in the early trades. The index opened the day at 23,582.95 and is currently trading at 23,636, up 0.84 per cent. The advances/declines ratio is at 32:18. This is positive. The rise to 23,600 that we had mentioned yesterday has happened much faster than expected. Some resistance is around 23,650. A break above it can take the Nifty higher to 23,750-23,770. This 23,750-23,770 is a key near-term resistance. A short-lived corrective dip from this resistance zone towards 23,630 or even lower is a possibility in the coming days.