Nifty Prediction for Tomorrow by Expert: January 30, 2025

The Nifty 50 index moved bullishly today, closing at 23163.10 with a +0.90% change. If you're wondering what’s next, you’re in the right place. Let’s break down today’s market action and predict how Nifty might perform tomorrow.

How Nifty 50 Moved Today

Nifty opened at 23026.75, touched a high of 23183.35 and dropped to a low of 22976.50 before settling at 23163.10. The market sentiment leaned towards bullish, influenced by factors like global trends, institutional activity, and sector-specific movements.

If you were trading today, you might have noticed volatility near 23150 levels. Did the market move as per your expectations, or did it surprise you? Let’s analyze what could happen tomorrow.

Nifty Prediction for Tomorrow by Experts

Technical Analysis: What the Charts Say

Looking at the current chart patterns, Nifty is currently showing Bearish signals. As I have shared in my last post-market wrap Nifty is heading towards its next support level i.e. 22775. On Monday, it almost touched that low and made a low of 22786.90.

Key support levels stand at 22775 and 22335, while resistance is likely around 23425 and 23780.

If Nifty breaks above resistance, we could see a continuation of the uptrend, but a failure might push it back toward support levels.

Indicators like RSI and MACD suggest oversold conditions, meaning you should watch for possible reversals or breakouts. If you’re a short-term trader, tomorrow could present sell opportunities based on these levels.

Institutional Activity: What FIIs & DIIs Are Doing

Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) played a crucial role today.

FIIs recorded a selling figure of 2586.43, while DIIs bought 1792.71 [value in crores].

If institutions continue this selling trend, it might influence Nifty’s movement tomorrow. Monitor their actions to align your trades with the bigger market players.

Global Market Impact

The global market often sets the tone for Nifty’s opening. US indices and the Europen Market both are trading positive, while Asian markets are currently strong.

SGX Nifty, a strong early indicator, is trading at 23,160.5 (+0.03%), hinting at a neutral start for tomorrow.

If global cues remain supportive, you could see Nifty opening with strength. However, any unexpected global news might change the sentiment overnight.

How Should You Trade Nifty Tomorrow?

If you’re an intraday trader, watch for opportunities near 23200 levels. A breakout could give you a strong long trade setup while trading below can give a sell-on-rise opportunity here.

If you prefer swing trading, it’s crucial to look for trend confirmation before entering positions. Keep an eye on volume spikes—they often indicate smart money movements.

No matter your strategy, always maintain proper risk management. Markets can be unpredictable, and protecting your capital should be your priority.

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Final Thoughts: What to Expect on January 30, 2025?

Given today’s movement and external factors, Nifty might remain range-bound between 23000 to 23400 tomorrow. Whether you’re a trader or investor, staying informed and adapting to market trends is key to making smart decisions.

What’s your prediction for Nifty tomorrow? Drop your thoughts in the comments! 👇