Nifty Prediction Today – January 21, 2026: Nifty futures: Sellers dominate

Nifty 50 opened today’s session with a gap-down at 25,141 versus yesterday’s close of 25,233. It is now hovering around 25,160, down 0.25 per cent.

Tata Motors Passenger Vehicles (TMPV) tops the chart in Nifty 50 by advancing 1.4 per cent. This is followed by JSW Steel, up 1.2 per cent so far.

At the other end, ICICI Bank is the top loser as it is down by 1.8 per cent followed by Trent, down 1.5 per cent.

Among the sectors, Nifty Metal (up 0.4 per cent) and Nifty Pharma (up 0.3 per cent) are the toppers whereas Nifty Consumer Durables (down 1.4 per cent) and Nifty IT (down 0.8 per cent) are the weakest.

Nifty 50 futures

The January expiry Nifty futures opened today’s session at lower 25,237 versus yesterday’s close of 25,259. It is now trading at 25,200, down 0.25 per cent.

The contract has now slipped below the support at 25,250, opening the door for further decline. The nearest support from the current level is 25,000 and given the prevailing downward momentum, Nifty futures is more likely to drop to 25,000.

On the other hand, if there is a recovery, the potential intraday resistances at 25,330 and 25,500 can cap the upside.

Overall, the bias is bearish and so, traders can consider going short.

Trading strategy

Sell Nifty futures (January) now at 25,200 and 25,300. Target and stop-loss can be 25,000 and 25,400 respectively.

Supports: 25,000 and 24,800

Resistance: 25,330 and 25,500

Published on January 21, 2026