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2026-01-28 10:55:00 am | Source: Nirmal Bang Ltd
Nifty is expected to open on a flattish note and likely to witness range bound move during the day - Nirmal Bang Ltd
Nifty is expected to open on a flattish note and likely to witness range bound move during the day - Nirmal Bang Ltd

MARKET REVIEW

* Equity benchmarks ended modestly higher in a volatile session, supported by improving risk appetite.

* The Nifty closed above the 25,150 level, led by gains in metal and banking stocks.

* The S&P BSE Sensex jumped 319.78 points or 0.39% to 81,857.48. The Nifty 50 index added 126.75 points or 0.51% to 25,175.40.

NIFTY FUT CHART

 

BANK NIFTY FUT CHART

NIFTY FUT TECHNICAL OUTLOOK

* Nifty is expected to open on a flattish note and likely to witness sideways move during the day.

* On technical grounds, Nifty has an immediate Resistance at 25270. If Nifty closes above that, further upside can be expected towards 25340-25400 mark.

* On the flip side 25100-25000 will act as strong support levels.

 

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