Trend Analysis
Nifty Intraday Analysis for 29th January 2026NSE:NIFTY
Index has resistance near 25550 – 25600 range and if index crosses and sustains above this level then may reach near 25800 – 25850 range.
Nifty has immediate support near 25150 – 25100 range and if this support is broken then index may tank near 24900 – 24850 range.
Markets are expected to react at the opening to the outcome of tonight's US Fed FOMC decision. A rate cut typically weakens the Dollar, providing a bullish signal for equities and metals. Meanwhile, with the Economic Survey set to be tabled on January 29, 2026, investors will also be closely monitoring the survey data for further direction.
Banknifty Intraday Analysis for 29th January 2026NSE:BANKNIFTY
Index has resistance near 60000 – 60100 range and if index crosses and sustains above this level then may reach near 60500 – 60600 range.
Banknifty has immediate support near 59200 - 59100 range and if this support is broken then index may tank near 58700 - 58600 range.
Markets are expected to react at the opening to the outcome of tonight's US Fed FOMC decision. A rate cut typically weakens the Dollar, providing a bullish signal for equities and metals. Meanwhile, with the Economic Survey set to be tabled on January 29, 2026, investors will also be closely monitoring the survey data for further direction.
KIRLOSENG Healthy Pullback After Strong RallyKIRLOSENG continues to trade inside a well-defined rising channel. After a strong impulsive move to the upside, the stock is now consolidating near channel support — a sign of healthy price action rather than weakness.
The structure remains bullish as long as price respects the lower trendline. A bounce from this zone could lead to another move toward the upper channel resistance around previous highs.
Trend remains intact unless the channel support breaks decisively.
Finnifty Intraday Analysis for 29th January 2026 NSE:CNXFINANCE
Index has resistance near 27550 - 27600 range and if index crosses and sustains above this level then may reach near 27825 - 27875 range.
Finnifty has immediate support near 27125 – 26075 range and if this support is broken then index may tank near 26850 – 26800 range.
Markets are expected to react at the opening to the outcome of tonight's US Fed FOMC decision. A rate cut typically weakens the Dollar, providing a bullish signal for equities and metals. Meanwhile, with the Economic Survey set to be tabled on January 29, 2026, investors will also be closely monitoring the survey data for further direction.
Midnifty Intraday Analysis for 29th January 2026NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13500 – 13525 range and if index crosses and sustains above this level then may reach 13650 – 13675 range.
Midnifty has immediate support near 13250 – 13225 range and if this support is broken then index may tank near 13100 – 13075 range.
Markets are expected to react at the opening to the outcome of tonight's US Fed FOMC decision. A rate cut typically weakens the Dollar, providing a bullish signal for equities and metals. Meanwhile, with the Economic Survey set to be tabled on January 29, 2026, investors will also be closely monitoring the survey data for further direction.
MTARTECH Near Multi-Year Resistance After Strong RallyMTARTECH has made a sharp recovery from lower levels and is now moving back toward a major multi-year resistance zone that has capped price since 2021.
This resistance trendline has acted as a strong supply area in the past, leading to multiple rejections. The current move shows strength and momentum, but price is still below the long-term breakout level.
A decisive weekly close above this resistance with volume would confirm a structural breakout and open room for further upside.
Until then, this zone remains a critical area where profit booking or consolidation can occur.
GVT&D Strong Bounce From Trendline — Key Resistance AheadGVT&D has taken strong support from the falling trendline, which has acted as a key demand zone in the past.
From this support area, price has bounced sharply and is now approaching the major horizontal resistance zone where sellers have previously stepped in multiple times.
This resistance remains a crucial level to watch.
A strong breakout and close above this zone would open the door for further upside momentum.
However, if price faces rejection again from this area, consolidation or a pullback could follow.
For now, the trendline support has done its job — next move depends on how price reacts at resistance.
BANK NIFTY 15 MINYesterday, advance V levels were shared in advance.
Price respected the marked liquidity zones exactly as planned, confirming their importance.
As long as these levels hold, they remain key reference points for the next session.
Tomorrow’s Outlook
For the next session, watch how price behaves around the same liquidity levels.
Holding above them may support continuation, while failure could invite a deeper retracement.
These levels remain the primary reference for intraday bias.
NIFTY 15 MINNifty 15m – Levels Reaction Update
Yesterday, advance V levels were shared in advance.
Price respected the marked liquidity zones exactly as planned, confirming their importance.
As long as these levels hold, they remain key reference points for the next session.
Tomorrow’s Outlook
For the next session, watch how price behaves around the same liquidity levels.
Holding above them may support continuation, while failure could invite a deeper retracement.
These levels remain the primary reference for intraday bias.
ABB :Supply Zone Battle or Breakout?ABB is currently the talk of the town after a 7.3% intraday surge today! The stock successfully defended support at 4650 and is now testing a critical technical junction.
Fundamentals ☛
Big Win: ABB just secured a major contract from Titagarh Rail Systems to supply propulsion and control systems for Mumbai Metro Lines 5 & 6.
Milestone: This marks ABB's strategic entry into India's 25 kV AC metro segment, significantly boosting their future revenue visibility in the urban mobility sector.
Backlog Strength: The company continues to ride on a robust order backlog (last reported at ₹9,895 Cr), providing a strong cushion against market volatility.
Technically ☛
The "Supply Wall": 5080 – 5134. This zone has historically seen selling pressure. Expect a fierce battle between bulls and bears here.
The Bearish Case: If supply overwhelms at this zone, we could see a healthy retracement back to the 4785 support level.
The Bullish Case: A clean breakout and sustain above 5133 (with volume confirmation) clears the path for a "moon mission" toward 5330.
Intraday: Keep targets tight at 1% (It's my ultimate strategy for 20 years) to account for high intraday volatility (currently ~39%).
Volume Check: Look for rising volume bars on any 15-min candle breaking the 5134 mark for a safer entry.
Sentiment: Overall sentiment is turning positive as the stock has now crossed its short-term 5-day moving average.
I am not sebi registered advisor.
XAUUSD/GOLD CORRECTION BUY PROJECTION 29.01.26XAUUSD / Gold – Correction Buy Setup (29-01-2026)
Market View:
Gold is in a strong bullish trend. The current move is a normal correction, not a trend reversal.
Buy Zone:
Support S2 + Fair Value Gap (FVG)
0.618 Fibonacci Golden Ratio
Area around 5396 – 5400
Trade Plan:
Look for buy confirmation in the marked support zone.
Expect price to respect the uptrend line and move higher.
Targets:
First target: Resistance R1
Main target: 5600+
Stop Loss:
Below Support S2 / below recent structure low.
XAUUSD (GOLD) | BREAKOUT VS BREAKDOWN LEVEL | 29th Jan'2026XAU/USD (Gold) Outlook | 29 Jan 2026
Gold (XAU/USD) is trading near 5513, maintaining a strong bullish structure across daily, weekly, and monthly timeframes. Price is holding well above key moving averages, indicating sustained buying momentum. As long as gold stays above the 5515–5495 support zone, the upside bias remains intact with potential continuation toward 5555–5590. A decisive break below 5495 may trigger short-term corrective pressure, but the broader trend remains positive.
Breakout & Breakdown Levels
Bullish Breakout: Above 5555 | Bearish Breakdown: Below 5495
Disclaimer: This content is for educational purposes only and not financial advice. Trading involves risk; manage your position size wisely.
XAUUSD (H1) – Liam PlanUptrend intact, but signs of short-term exhaustion | Trade reactions, not impulse
Quick summary
Gold remains in a strong H1 uptrend, continuing to print higher highs and higher lows within a well-defined bullish structure. However, after the recent sharp advance, price is starting to slow near the highs, increasing the likelihood of short-term pullbacks and two-sided price action.
➡️ The broader trend stays bullish, but execution should now be level-driven and reaction-based, not momentum chasing.
Technical view
Price is currently trading at elevated levels relative to recent structure, where prior buying activity has already been absorbed.
Key price areas to watch:
Short-term sell area: 5520 – 5530
Upper resistance area: around 5600
Pullback buy area: 5405 – 5420
Primary buy zone: 5150 – 5155
The current structure favors a pullback and rebalancing phase before any sustained continuation higher.
Trading scenarios
SELL – short-term reaction trades
Look for sell reactions around 5520 – 5530 if price shows weakness.
Downside targets sit near 5420, with further extension possible if the pullback develops.
These sells are tactical and short-term, not calls for a trend reversal.
BUY – aligned with the main trend
Primary scenario
Buy pullbacks into 5405 – 5420 if the area holds.
Targets back toward 5520 and higher.
Deeper scenario
If volatility increases, wait for price to retrace toward 5150 – 5155.
This area offers the best risk-to-reward for trend continuation.
Key notes
Strong trends still correct; patience matters.
Avoid entries in the middle of the range where risk outweighs reward.
Short positions are tactical only while the broader structure remains bullish.
What’s your plan:
selling reactions near 5520 – 5530, or patiently waiting for a pullback into 5405 – 5420 to rejoin the uptrend?
— Liam
Breakout of The Year Tata Steel LimitedHi friends sharing a view on Tata steel where i observed a horizontal trendline breakout of ascending triangle on weekly timeframe and it seems a good opportunity to go long in this stock where Tata steel relentless climbing continues as it achieves a milestone with a weekly breakout to an all time high and bulls rejoice as price defies the expectations of bears and scaling new heights with this significant breakout of 2.5 years old resistance.
So now we will talk about technical points which i observed as we can see price is moving in ascending channel since a long time where first took resistance from upper trendline of resistance in 2017 and after taken same resistance from that trendline in the year of 2021 but this time was way higher from previous top and now price breached that top of which it made in 2021 where it got rejected from rising trendline, And in this duration price formed an ascending triangle pattern after the previous all time high and the swing bottom which it made after that all time high. Used Super trend indicator with default settings for more confirmations of this breakout which provided by Trading View and for this thank you very much for them.
Target Upside-: So mates we can see that once again price will touch that upper trendline after this breakout which will be near about to 200 to 205 levels, One pattern based target identified too in which i measured triangle height which is nearly about 75% so we can see a more 75% upside from the breakout levels.
Support-: So now 138 levels seems a good support area where two big swing rejections are there this time can work as support on weekly closing basis.
Breakout Retest-: Well a retest is a good confirmation of breakout and often gives sustainability and strength to breakout so for this idea 148-145 i will consider as a breakout retest zone friends and personally breakout retest entries are my favorite strategy and for this trade i would like to the same.
This publication is meant for only learning purpose, it is not any kind of trading advice.
Best Regards- Amit (Do boost my publication if you really like it mates)
“Most traders take a good system and destroy it by trying to make it into a perfect system.” - Robert Prechter
XAUUSD – M30 Technical AnalysisMild Pullback Before the Next High | Lana ✨
Gold has extended sharply and is now trading into a high-resistance zone, where price often needs a light correction or consolidation to rebuild liquidity before attempting higher levels again. The broader trend remains bullish, but the next clean opportunity is more likely to come from a pullback into structure, not from chasing the highs.
📈 Market Structure & Trend Context
Price is still respecting the broader bullish structure, but the current leg is stretched after a strong impulsive run. The market is now reacting under the highest resistance zone, which typically creates short-term profit-taking and liquidity reactions before continuation.
As long as price holds above key structural support, the bullish trend remains intact.
🔍 Key Technical Zones
Highest resistance zone: 5585 – 5600 This is a premium area where price may hesitate or reject in the short term.
First support zone: 5508 A key decision level where price can rebalance before choosing direction.
Buy liquidity zone: 5446 – 5450 A strong liquidity pocket where buyers are more likely to step back in.
Long-term support zone: 5265 – 5285 A deeper base area if volatility expands into a broader correction.
🎯 Trading Scenarios
Gold may correct modestly from resistance and retest structure before pushing higher.
Buy Entry: 5446 – 5450 Stop Loss: 5438 – 5440
Take Profit targets:
TP1: 5508
TP2: 5538 – 5545
TP3: 5585 – 5600
TP4: 5650+
A shallower pullback toward 5508 could also be enough to reset momentum before another attempt higher, but repeated rejection at the top would increase the risk of deeper consolidation.
🧠 Lana’s View
Gold remains bullish, but the market is now at a level where patience matters more than speed. Rather than chasing price near resistance, the focus should stay on how price reacts during pullbacks into key structural zones.
✨ Respect the structure, manage risk, and let price come to your level.
GOLD MAINTAINS BULLISH TREND POST-FOMC; VOLATILITY RISKS📰 FOMC Update (Jan 29)
The Fed kept rates unchanged, as expected.
Powell remained data-dependent, avoiding any aggressive hawkish shift.
Markets read this as no urgency to tighten further, keeping real yields capped.
Result: USD hesitates → Gold volatility expands, but trend stays intact.
This is not “buy the news” — it’s flow reacting to policy clarity.
📊 Technical Structure (H1–H4 Context)
Clear bullish Break of Structure before FOMC → trend already established.
Post-FOMC impulse pushed price into ATH territory, followed by a healthy pullback.
No bearish Change of Character confirmed → structure remains bullish continuation, not distribution.
Price is correcting within trend, not reversing.
🔑 Key Zones to Watch
ATH / Premium Reaction: ~5560
FVG 1 (shallow pullback): ~5436
FVG 2 (deeper rebalancing): ~5353
These are reaction zones, not FOMO levels.
🧠 Scenarios (If – Then)
Primary Scenario – Continuation (≈70%)
If price holds above 5436, expect continuation toward new highs after rebalancing.
Alternative Scenario – Deeper Pullback (≈30%)
If 5436 fails, price may rebalance into 5353 FVG.
Only a clear H1 close below 5353 would weaken the bullish bias.
✅ Summary
FOMC created volatility, not a trend change.
Gold is respecting structure, absorbing liquidity, and preparing for the next leg.
Trade the reaction, not the headline.
Buy pullbacks. Respect structure. Let price confirm.
IIFL 1 Week Time Frame 📊 Current Price Snapshot
IIFL Finance share price: ~₹560–₹565 on NSE (today’s range) — with highs around ₹565 and lows near ₹540.45 earlier in today’s session.
📈 Weekly Support & Resistance (Key Levels)
These levels are derived from weekly pivot and longer‑term technical distribution — useful for swing/weekly traders:
🔹 Major Weekly Pivot Zone
Weekly Central Pivot (CPR): ~₹562–₹564 — this zone acts as the pivot around which weekly direction may tilt.
🔹 Weekly Resistance Levels
R1: ~₹613–₹616 — first major resistance if price rallies above current.
R2: ~₹650–₹672 — next higher resistance zone aligned with recent 52‑week highs.
R3: ~₹705+ — extended bullish breakout target.
🔻 Weekly Support Levels
S1: ~₹470–₹472 — first major support if selling accelerates.
S2: ~₹418–₹420 — secondary support from larger weekly pivots.
S3: ~₹326–₹330 — lowest weekly pivot support (deep correction scenario).
🧠 What this means (Weekly Macro View)
📍 Bullish Scenario
If price closes above the pivot zone (~₹562–564) on weekly charts, look for upside momentum toward ₹613–₹650 next.
📉 Bearish Scenario
A weekly close below ~₹470–₹472 could open deeper correction toward ₹418–₹380 support cluster.
Gold ATH after FOMC: Reaction or New Wave?Before the FOMC meeting, the market shared the same question:
would gold rally ahead of the meeting and then face a sharp sell-off afterward, or continue breaking higher and extend the trend?
After the FOMC, the Fed kept interest rates unchanged — which was not a surprise.
What really mattered was the Fed’s tone, and Powell clearly chose a balanced stance:
neither too dovish nor too hawkish.
More importantly, the Fed has effectively ruled out further rate hikes, while still maintaining a high interest-rate environment.
As a result, gold did not experience a heavy sell-off after the FOMC, and continues to hold its structure near the highs.
At this stage, market focus is shifting toward external risk factors:
The risk of a U.S. government shutdown
U.S.–Iran tensions
Ongoing trade war risks with major partners
Questions surrounding the independence of the Fed
👉 The current macro backdrop is not bearish for gold.
👉 SELL setups are reactionary, not the core narrative of the trend.
⏱️ H1 Observation Range
Lower bound: 5,415
Upper bound: 5,600
Price is consolidating near the highs with a wide range and may gradually push toward higher round-number levels.
🟢 Support / BUY zones
5,505 – 5,410 – 5,310 – 5,250 – 5,100
🔴 Resistance / Key observation zones
5,660–5,665 – 5,700 – 5,800 – 6,000
🧠 Primary scenario
Wide volatility → risk management is key.
SELLs are only short-term reactions at resistance.
BUY pullbacks to support to ride the broader move, not to pick the top.
⚠️ Key notes for the current phase
Reading the chart is a skill.
Reading the Fed is a strategy.
Reading Trump’s statements is survival.
Markets don’t reward being right —
they reward discipline and alignment with the trend.
👉 SELL to react — BUY to stay in the game.
📌 Follow me to track macro scenarios, key price levels, and the ongoing journey of finding opportunities in the market.






















