In this article, we have analyzed Bank Nifty Prediction For Monday 20th January 2025, Nifty and Bank Nifty Prediction For Tomorrow, for Sensex, Nifty, Bank Nifty, Midcap Nifty, and Finnifty.
Market Prediction For Monday – 20th January 2025
Market Prediction for Tomorrow – 20th January 2025
Today’s market session remained subdued, with Nifty closing at 23,203, marginally lower. Over the last week, markets have predominantly moved down, with occasional bounces driven by gap-ups, but those bounces failed to sustain. On Friday, selling pressure persisted, dragging indices lower by the end of the session. What stands out, however, is the historical perspective on the monthly charts. If January 2024 ends with a red candle, it will mark 4 consecutive red candles on the monthly timeframe, something Nifty has achieved only twice in the last 30 years (in 2015 and 2016). Moreover, in its entire history, Nifty has never made 5 consecutive red candles, suggesting that a bounce in February becomes statistically likely if January doesn’t reverse.
Technically, the current structure shows no signs of a trend reversal, and the market remains in a sell-on-rise environment. With this context, the start of the new week will be crucial, and traders must focus on key levels to identify opportunities. Below is the detailed analysis and levels for all major indices.
Open Free Demat Account TodayNifty Prediction For Monday 20th January
Nifty Prediction for Monday – 20th January 2025
Nifty closed at 23,203, with no significant recovery in sight. The selling pressure remains intact, and while historical trends suggest the possibility of a bounce later in the month or February, the technical structure remains bearish for now. Support near 23,100 has been holding for the past few sessions, but resistance around 23,400 continues to cap any upward attempts. Unless Nifty sustains above 23,400, traders should stick to a sell-on-rise strategy.
- Support: 23100
- Resistance: 23330
- Buying Area: 23350
- Selling Area: 23090
- Tentative Range: 23050-23500
- No Trade Zone: 23100-23350
Bank Nifty Prediction For Tomorrow 20th January
Bank Nifty Prediction For Monday 20th January
Bank Nifty closed at 48,540, continuing to show relative underperformance compared to Nifty. The index failed to hold higher levels, and selling pressure near 49,000 remains evident. Support near 48,300 needs to hold to prevent further downside. While bounces in Bank Nifty appear to be stronger than Nifty’s, they remain unsustainable, keeping the larger bearish structure intact.
- Support: 48300
- Resistance: 49000
- Buying Area: 49000
- Selling Area: 48500
- Tentative Range: 48200-49200
- No Trade Zone: 48300-49000
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Finnifty Prediction For Monday 20th January
Finnifty Prediction for Monday 20th January 2025
Finnifty closed at 22,608, remaining weak and unable to hold higher levels. Selling pressure continues to dominate, with resistance near 22,800 limiting any recovery attempts. Support at 22,400 has been holding for now, but the overall structure suggests that Finnifty is still in a sell-on-rise environment.
- Support: 22400
- Resistance: 22800
- Buying Area: 22500
- Selling Area: 22800
- Tentative Range: 22350-22900
- No Trade Zone: 22400-22800
Midcap Nifty Prediction for Tomorrow 20th January
Midcap Nifty Prediction for Monday 20th January 2025
Midcap Nifty closed at 12,249, showing a slight recovery but continuing to exhibit overall weakness. Support near 12,200 remains crucial, but resistance around 12,400 has been capping any bounces. While midcaps tend to outperform in bullish markets, the current environment favors caution, with the index likely to remain in a sell-on-rise setup.
- Support: 12200
- Resistance: 12400
- Buying Area: 12250
- Selling Area: 12400
- Tentative Range: 12150-12450
- No Trade Zone: 12200-12400
Sensex Prediction for Tomorrow 20th January
Sensex Prediction for Tomorrow – 20th January 2025
Sensex closed at 76,619, trading in a narrow range and failing to sustain any meaningful recovery. The index remains under pressure, with resistance near 77,000 capping gains. Support at 76,300 has been holding for now, but a breach of this level could lead to further downside. Traders should focus on short opportunities near resistance levels, as the broader trend remains bearish.
- Support: 76300
- Resistance: 77000
- Buying Area: 76400
- Selling Area: 77000
- Tentative Range: 76150-77200
- No Trade Zone: 76300-77000
Disclaimer:
The information provided in this market analysis of Bank Nifty Prediction For Tomorrow 20th January 2025 is for general informational purposes only and does not constitute financial advice. We are not SEBI Registered. you may consult your Financial advisor before taking a trade.CategoriesMarket Analysis
