In this article, we have analyzed Bank Nifty Prediction For Tomorrow 29th January 2025, Nifty and Bank Nifty Prediction For Tomorrow, for Sensex, Nifty, Bank Nifty, Midcap Nifty, and Finnifty.
Market Prediction for Tomorrow – 28th January
Market Prediction for Tomorrow 29th January 2025
Today’s market session finally brought buying interest, after days of relentless selling. Nifty opened with a gap-up, and the momentum continued throughout the session, leading to a positive close at 22,957. However, the last 30 minutes saw aggressive selling, which confirmed the strong presence of sellers at higher levels. While the bounce has given some relief to the bulls, the overall trend remains bearish, and the sell-on-rise theme continues to dominate. With the Union Budget approaching, traders should brace for heightened volatility, as markets can act unpredictably during such major events. Additionally, given the significant trending moves in recent sessions, the probability of a range-bound or sideways market tomorrow is high. Below is the detailed analysis and levels for all major indices.
Nifty Prediction For Tomorrow 29th January 2025
Nifty Prediction For Tomorrow 29th January
Nifty closed at 22,957, marking a significant recovery after a prolonged downtrend. However, the last 30-minute price action indicates that sellers are still active at higher levels. Resistance near 23,200 is a key zone where sellers are likely to dominate, while 22,800 remains a critical support level. With the budget event looming, traders should prepare for potential spikes in volatility and avoid taking aggressive positions. The broader structure remains bearish, and traders should continue using a sell-on-rise strategy.
- Support: 22920
- Resistance: 23130
- Buying Area: 23140
- Selling Area: 22910
- Tentative Range: 22750-23350
- No Trade Zone: 22920-23130
Bank Nifty Prediction For Tomorrow 29th January
Bank Nifty Prediction For Tomorrow 29th January
Bank Nifty closed at 48,866, leading the recovery among indices and showing relative strength compared to Nifty. The index reclaimed 48,800, a critical level, and managed to hold above it despite selling pressure in the final minutes. Resistance near 49,200 remains a significant hurdle, while support at 48,500 is likely to hold in the short term. With the budget nearing, Bank Nifty could experience wild intraday swings, and traders should adopt a cautious approach.
- Support: 48800
- Resistance: 49130
- Buying Area: 49150
- Selling Area: 48775
- Tentative Range: 48350-49400
- No Trade Zone: 48800-49100
Finnifty Prediction For Tomorrow – 29th january
Finnifty Prediction for Tomorrow 29th January 2025
Finnifty closed at 22,805, recovering along with broader indices but still reflecting the larger bearish sentiment. Resistance near 23,000 is expected to cap further upside, while support at 22,600 will be a crucial level for bulls to defend. The index remains vulnerable to selling at higher levels, and traders should continue to focus on shorting near resistance zones. Tomorrow’s session could be range-bound, with sharp moves expected closer to the budget announcement.
- Support: 22600
- Resistance: 23000
- Buying Area: 22750
- Selling Area: 23000
- Tentative Range: 22550-23100
- No Trade Zone: 22600-23000
Midcap Nifty Prediction for Tomorrow 29th January
Midcap Nifty Prediction for Tomorrow 29th January 2025
Midcap Nifty closed at 11,644, recovering from its recent lows but failing to regain its key resistance level of 11,800. The index remains one of the weakest, with selling pressure dominating near resistance zones. Support at 11,500 remains a critical level to watch, and traders should continue to focus on shorting at higher levels. Tomorrow’s session is likely to be volatile and range-bound.
- Support: 11500
- Resistance: 11800
- Buying Area: 11600
- Selling Area: 11800
- Tentative Range: 11450-11900
- No Trade Zone: 11500-11800
Sensex Prediction for Tomorrow 29th January
Sensex Prediction for Tomorrow 29th January 2025
Sensex closed at 75,901, recovering from its lows and managing to end the day positive. Despite the bounce, the index remains bearish, with resistance near 76,500 likely to cap any upside. Support at 75,500 is a critical level to watch. With the budget approaching, expect increased volatility, and avoid aggressive trades in such uncertain conditions.
- Support: 75500
- Resistance: 76500
- Buying Area: 75700
- Selling Area: 76500
- Tentative Range: 75300-76700
- No Trade Zone: 75500-76500
Disclaimer:
The information provided in this market analysis of Bank Nifty Prediction For Tomorrow 29th 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
