Market Prediction: The market remained sluggish throughout the day. In the first 15 minutes, Nifty showed a burst of momentum, forming a 100-point candle — but soon after, it slipped into a sideways zone. The real concern came during the last two hours of trading, when Nifty broke the day’s low and fell below the crucial 25,000 mark.
A close below 25,000 hints at short-term weakness. Although Bank Nifty and Fin Nifty managed to end in the green with minor gains, Nifty itself closed with a 0.30% loss. Adding to the pressure, India VIX rose by 5%, signaling nervousness in the market.
We are now in a phase where traders are confused. Option buyers can’t catch clear direction, while sellers are uncomfortable due to high VIX and sudden breakouts. In such uncertain setups, we must trust only one thing — charts and data.
Let’s break down today’s market components:
Market Prediction:
Table of Contents
Market Overview – A Pause Before the Action
🔍 Nifty 50 Snapshot
| Open | High | Low | Close |
| 23,401.85 | 25,062.95 | 24,916.65 | 24,945.45 |
📊 Market Breadth (Nifty 50)
| ADVANCED | FLAT (<0.25%) | DECLINES |
| 10 | 14 | 26 |
This clearly reflects market weakness with declining breadth.
📈 Nifty Movers
| TOP GAINERS | GAIN % | TOP LOOSERS | LOSS % |
| BAJAJ AUTO | 4.10 % | ETERNAL | – 3.06 % |
| SHRIRAMFIN | 1.85 % | GRASIM | – 2.90 % |
🏦 Nifty Sectoral Performance
The overall sectoral performance was bullish
- Most sectors closed in green.
- Nifty IT closes with -1.30 % loss.
- Nifty Private Bank and FMCG closes with minor loss less than 0.20 %
- Nifty reality rises the most – 2.26 %
🔍 Technical Analysis – Market Prediction
Key Levels:
- Support: 24,900
- Resistance: 25,116
RSI (14):
- Daily Timeframe: RSI is still holding at 63. Support is expected at 60, and if it breaks, we could see a dip toward 40 RSI zone.
- Hourly Timeframe: RSI is heading below 60, indicating short-term weakness. It may find support near 50 RSI. A move back above 60 will be necessary to regain upward strength.
📊 Open Interest (OI) Data
Change in PE OI on 25000 level lead today’s Nifty to downside.
- Max CE OI (RESISTANCE): 25,000 ➜ 1.17 Cr
- Max PE OI (SUPPORT): 24,500 ➜ 58 Lakh
🧮 OI Build-Up:
| Index | PRICE % | OI % | BUILDUP |
| NIFTY | -0.41% | -0.37 % | Long Unwinding |
| BANK NIFTY | 0.02% | 3.96 % | Long Buildup |
| FINNIFTY | 0.03% | 1.51 % | Long Buildup |
- Interestingly, 25,000 PE still holds around 67 Lakh OI. If Nifty climbs above 25,000 again, this could act as a support. Otherwise, we may witness long unwinding if prices remain below it.
🧠 Market Prediction & Trade Plan
- Nifty closing below 25,000 with rising VIX shows weakness.
- RSI is near critical support — if that breaks, expect more downside.
- OI data shows heavy build-up at 25,000; any bounce above this can be sharp.
- Trade Plan: Stay light. Avoid aggressive option buying or selling unless the trend is clearly confirmed. If Nifty fails to reclaim 25,000 quickly, prepare for more downside volatility.
📘 Key Learning from Today’s Market
- A single candle at open doesn’t define the day. Watch for closing strength.
- High VIX + unclear price action = wait-and-watch mode for option traders.
- Follow RSI + Price Action for cleaner setups.
📣 What’s Your Take?
Do you think ******?
💬 Drop your thoughts in the comment section!