Pre Market Report —Friday, 30 January 2026
🌤 Market Snapshot — Opening Tone
- Indian markets are expected to open weak to cautious.
- Recent selling pressure, weak rupee, firm crude prices, and global uncertainty are keeping sentiment fragile.
- Traders are defensive ahead of key macro and policy events.
- Bias: 🔴 Bearish to range-down
🟩 GIFT Nifty — Pre-Open Signal
- Trend: Negative
- Indication: Weak opening bias for Nifty
- Message: Sellers remain active in early trade; any bounce may face resistance
📊 NIFTY — Key Support & Resistance (For Today)
🟢 Support Zones
- 25,050 – 25,000 → Immediate & critical support
- 24,900 → Next demand zone
- 24,700 – 24,600 → Deeper support if selling accelerates
🔴 Resistance Zones
- 25,250 – 25,300 → First sell-on-rise zone
- 25,450 – 25,500 → Strong supply / trend resistance
- 25,700 → Sentiment improves only above this
📌 Market structure:
Below 25,500 = bearish
Only above 25,700 does trend stabilise
💰 Institutional Flow — Last Trading Day
🔻 FII (Foreign Institutional Investors)
- Net sellers in the cash market
- Risk appetite remains low
- Selling pressure continues to weigh on index movement
🟢 DII (Domestic Institutional Investors)
- Net buyers
- Absorbing selling pressure and cushioning declines
🧠 Flow Insight:
DIIs are supporting the market, but FII selling is dominating direction.
⚙️ FII Index Futures — Positioning Insight
- Long Contracts: Reduced / defensive
- Short Contracts: Actively added as hedges
- Net stance: 🔴 Bearish / risk-off
📌 Short-covering rallies are possible but likely to be sold into.
🧭 February 2026 Options OI — Structure
📌 Put OI (Support)
- 25,000 – 25,200 PE → Strong put base
- 24,800 PE → Secondary support
📌 Call OI (Resistance)
- 25,250 – 25,300 CE → Near-term cap
- 25,900 – 26,000 CE → Major upside ceiling
🧩 OI Message:
- Market is shifting to a lower trading range
- Break below 25,000 may trigger faster downside
💱 USD/INR — Currency Update
- Rupee remains weak near record levels
- Dollar strength and capital outflows continue to pressure INR
- Equity Impact:
- Negative for index sentiment
- Exporters may outperform on relative basis
⚠️ Sustained weakness in INR keeps equity risk elevated.
📰 India — Key Market Themes
- Budget-related caution ahead of upcoming policy announcements
- Rising crude prices increasing inflation concerns
- Persistent foreign outflows remain the biggest headwind
- Traders focusing on capital protection over aggressive returns
🌍 World News — Global Cues
- Global markets remain volatile due to:
- Strong US dollar
- Elevated bond yields
- Geopolitical uncertainty
- Risk appetite globally is muted, not risk-on
🌎 US Economic Events Tonight (IST)
- US inflation-related data releases
- Federal Reserve commentary
- Bond yield reaction will guide global markets overnight
🎯 Hot data: More pressure on global equities
🎯 Soft data: Relief bounce possible
🎯 Intraday Trading Playbook
🔴 Preferred Strategy — Sell on Rise
- Sell zone: 25,250 – 25,300
- Targets: 25,050 → 24,900
- Stop-loss: Above 25,350
⚠️ Breakdown Strategy
- Below 25,050 → downside toward 24,900 / 24,700
🟢 Long Trades (Only Tactical)
- Near 25,000 with tight stops
- Treat as bounce trades, not trend reversal
🧾 Quick Snapshot Summary
| Factor | Status |
|---|---|
| Market Bias | 🔴 Bearish |
| GIFT Nifty | Weak |
| Support Zone | 25,050 → 25,000 |
| Resistance Zone | 25,300 → 25,500 |
| FII Flow | Selling |
| DII Flow | Buying |
| USD/INR | Weak |
| Options Structure | Lower range |