!nifty

Market Outlook | 21 Jan 2026 Market Regime: Risk-Off | Sell-on-Rise (Selective) Market Structure: Post weekly-expiry sentiment remains cautious Elevated volatility suggests upside attempts may face supply Overall structure remains weak to range-bound Key Levels – NIFTY: Resistance: 25,330 – 25,480 Support: 25,030 – 24,880 Market Bias: 📉 Range-bound with a downside bias Invalidation Levels: Sustained acceptance above 25,480 may reduce downside pressure Breakdown below 24,880 could accelerate weakness Sectoral View: Defensive: FMCG, select Pharma Selective: IT (stock-specific opportunities only) Cautious: Banks, Metals, Capital Goods Trading Approach: Stay selective, disciplined, and strictly risk-managed. Disclaimer: For educational and informational purposes only. Not investment advice.