Nifty 50 Future witnessed a strong intraday recovery in the today’s trading session, validating the importance of key technical levels discussed earlier. The market opened with a gap-up, a move that was already hinted at by positive cues from Gift Nifty. Nifty Future opened around the 25312 level and immediately attracted buying interest, indicating an improvement in short-term sentiment.
From the opening range itself, the index moved higher and delivered a nearly 140-point rally. With disciplined risk management, traders had the opportunity to capture more than 100 points using a stop loss of around 50 points. What made the session technically significant was the repeated defense of the 25234 level. Bears attempted to break this support multiple times during the day, but selling pressure failed to sustain below it.
The final attempt near this support resulted in sharp short covering. Once sellers were trapped, Nifty Future rallied nearly 165 points from the day’s lows. This price behavior clearly establishes 25234 as a strong demand zone in the current market structure. By the close, Nifty Future ended the session with a gain of around 196 points, registering an upside of approximately 0.78 percent.
Global & Macro Cues (Last 24 Hours)
Global market sentiment over the last 24 hours has remained mixed, with geopolitical developments playing a key role in shaping risk appetite. Discussions at the World Economic Forum in Davos highlighted rising geopolitical and economic uncertainty, particularly around global trade, growth slowdown, and policy stability. While these concerns have kept volatility elevated, markets received some relief after the United States softened its stance on earlier tariff-related threats toward Europe, opting for dialogue instead of immediate trade action.
This shift helped improve short-term global risk sentiment and led to a rebound in major US equity markets. However, despite the temporary relief, global risks remain structural in nature, and investors continue to stay cautious. In Europe, Italy’s renewed focus on infrastructure spending to support growth further highlights the broader challenge of slowing economic momentum across developed economies. For Indian markets, these global cues provide mixed signals—supportive for sentiment in the short term, but still vulnerable to sudden risk-off moves if geopolitical tensions resurface.
Nifty Future Daily Chart Analysis
On the daily timeframe, Nifty Future has now formed a higher high and higher low structure, which is a positive sign for short-term price action. However, this development should not be confused with a complete trend reversal. The broader daily trend remains negative.
The negative crossover between the 20-day and 50-day moving averages continues to suggest that selling pressure may appear at higher levels. At the same time, the 200-day moving average has once again acted as a reliable support zone. The recent rebound from this long-term average provides stability but does not eliminate downside risk.
This combination of signals indicates that the market is currently in a transition phase. Momentum has improved, but conviction is still limited. Therefore, traders should maintain a neutral intraday bias and focus on price confirmation rather than prediction.
Nifty 50 Future Intraday Trading Strategy for Thursday
For the upcoming session on Thursday, 22 January 2026, the preferred approach will be to trade based on strength or weakness near key levels.
On the long side, a buying opportunity may emerge if Nifty Future trades with consistency in the 25340 to 25375 zone. Sustained price action in this range would indicate acceptance at higher levels. In such a scenario, a long trade can be initiated with a stop loss of approximately 50 points and an upside target of nearly 100 points.
Another buying opportunity may arise if the market opens on a gap-up and manages to sustain above the 25430 level. Acceptance above this zone would signal continuation of momentum. In this case as well, traders can maintain the same risk-reward structure. On the upside, 25475 is expected to act as the first resistance, followed by a stronger resistance near 25600.
On the short side, traders should remain cautious but prepared. If Nifty Future shows weakness and starts trading below 25235 with consistency, a short-selling opportunity may develop. A short trade in this scenario can be planned with a stop loss of around 50 points and a target of nearly 100 points. If selling pressure deepens, support levels may be seen near 25173 initially and later around the 24960 zone. However, due to the strength of the 25120 support, short positions should be managed with tight trailing stop losses.
Overall Market View and Sentiment
From a broader perspective, Nifty Spot closed the session with a gain of approximately 0.53 percent. Weekly expiry contributed to increased volatility, and similar conditions may persist in the next session as well. The formation of a higher high and higher low on the spot index is encouraging, but the daily trend continues to remain negative.
With mixed signals from price action and moving averages, market sentiment remains fragile. Traders should avoid taking aggressive directional positions and instead focus on intraday setups supported by volume and confirmation.
Final Outlook for Nifty 50 on 22 January 2026
In conclusion, Nifty Future is showing early signs of stabilization, but the broader trend has not yet turned decisively bullish. As long as the 25120 level holds, sharp intraday declines may continue to attract buying interest. At the same time, rallies toward resistance zones are likely to face supply.
The key to successful intraday trading in the upcoming session will be patience and disciplined execution. Price behavior around the highlighted levels will determine the direction, making it essential to trade what the market shows rather than what one expects.
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Disclaimer
The views and analysis provided above are for educational and informational purposes only and should not be considered as financial or investment advice. Trading and investing in the stock market involve risk, and past performance does not guarantee future results.
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