Home » Stock Market Prediction for Nifty & Bank Nifty 29th January 2026

Stock Market Prediction for Nifty & Bank Nifty 29th January 2026

In today’s stock market, Sensex rises 487 points; Nifty holds above 25,300 on gains in metal and oil & gas stocks.

Stock Market Nifty Chart Prediction

On Jan 28, the Sensex was up 487.20 points at 82,344.68, and the Nifty was up 167.35 points or 0.66 percent at 25,342.75. About 2844 shares advanced, 1226 shares declined, and 120 shares unchanged.

Top Nifty gainers: Bharat Electronics, ONGC, Eternal, Coal India, Hindalco Industries
Top Nifty Losers : Tata Consumer, Asian Paints, Maruti Suzuki, Max Healthcare, Sun Pharma.

Except auto, FMCG, media and consumer durables, all other sectoral indices ended in the green with metal up 3%.

BSE midcap index added 1.6% and smallcap index rose 2.2%

Best Stocks of the day according to AI (Delta Dash)

Worst Stocks of the day according to AI (Delta Dash)

Stock Prediction for 29th January 2026

Prediction for Thursday NIFTY can go up if it goes above 25,500 or down after the level of 25,000, but it also depends upon the Global cues.

Nifty appears to be attempting a short-term recovery after a sharp decline. The index has shown buying interest near the lower zone, indicating that 25,000–24,400 remains a crucial support band; a sustained hold above this range could encourage further upside. On the higher side, 25,500 is likely to act as an immediate hurdle, where some profit booking may emerge. A decisive breakout above 25,500 could open the path toward the 26,000 resistance zone in the near term. However, failure to maintain above the support area may bring renewed selling pressure, keeping the index volatile and range-bound. Traders should watch price behavior near these key levels for clearer directional cues.

Highest Call Writing at
25,500 (77.7 Lk)
Highest Put Writing at
25,000 (56.2 Lk)

Nifty Support and Resistance

Support 25,000–24,400
Resistance
25,500 and 26,000

Bank Nifty Daily Chart Prediction

Prediction For Thursday BANKNIFTY can go up if it goes above 60,000 or down after the level of 59,500, but it also depends upon the Global cues.

Bank Nifty is showing signs of short-term stability after a corrective move. The index is holding above the 59,500 level, which is acting as an immediate support, while the broader support is placed near 58,500, where strong buying interest is expected on declines. On the upside, 60,000 remains a crucial psychological resistance, and a sustained breakout above this level could lead to further upside toward the 60,500 zone. However, failure to cross the resistance band may result in range-bound movement with intermittent volatility. Traders should closely monitor price action around these key levels for directional confirmation.

Highest Call Writing at60,000 (16.7 Lk)
Highest Put Writing at59,500 (14.4 Lk)

Bank Nifty Support and Resistance

Support59,500 and 58,500
Resistance
60,000–60,500

Voice Of Traders by Spider Software

HDFC Securities’ SECRET Stock Picking Formula! (STRATEGY REVEALED)

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