Nifty:25585.5/-108.85/-0.42%;Candle:OGD;; Bank Nifty:59891.35/-203.8/-0.34% Candle:OF; ; HB:OGU;Short day red with small lower wick;926;RIL:OGD;Long day red;1413;TCS:OGD;Red inverted hammer;3161;
Gift Nifty:25605.5/-10/-0.04% FII Long9%FutCash;-3260;Opt80%
OI data Nifty ( max pain WM)
OI data Bank Nifty (max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Nil
Stocks retained in F&O ban: SAIL, Sammaan Capital
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market started the week on a disappointing note, with the Nifty 50 losing 0.4 percent on January 19 and falling below the 100-day EMA for the first time since October 2025. Given the index has slipped below all key moving averages (except the 200 DEMA) and momentum indicators are weakening, a bearish to sideways trade may be seen in the next few sessions. If the index sustains below 25,600, a fall toward 25,450 (the immediate crucial support) cannot be ruled out. However, on the higher side, the 25,700–25,800 zone can act as a resistance area, experts said. The Nifty 50 formed a bearish candle with a long lower shadow on the daily timeframe, indicating pressure at higher levels and buying interest at lower levels. The index is near the lower Bollinger Band and is now trading below the 20-, 50-, and 100-day EMAs. The RSI dropped to 37.34, and the Stochastic RSI turned bearish, while the MACD remained below the zero line and signal line, with weakness in the histogram. All this indicates continued bearish bias in the near term. The Bank Nifty also reported a Nifty-like candlestick pattern but traded within the previous day’s range, falling 0.34 percent. The index almost tested the 20-day EMA and moved closer to the midline of the Bollinger Bands but defended both levels on a closing basis. The RSI slightly turned bearish but still held above the 50 mark at 57.29. The Stochastic RSI sustained a positive crossover, while the MACD is on the verge of a bullish crossover, with weakness in the histogram almost fading. All this indicates relative resilience compared to the broader market.
