Nifty Prediction Today – January 20, 2025: Nifty futures: Bears dominating, consider selling

Market Overview - Nifty 50 opened flat at 25,580, slightly down from the previous close of 25,586, and is currently at 25,470, reflecting a decline of 0.5% [1] - The advance/decline ratio of Nifty 50 is 8/42, indicating a strong bearish sentiment in the market [1] Sector Performance - All sectoral indices are in the red, with Nifty Realty down 1.9% and Nifty IT down 1.1%, highlighting the overall bearish trend [2] Nifty Futures - January expiry Nifty futures opened at 25,600, down from the previous close of 25,596, and is currently trading at 25,500, a decrease of about 0.4% [3] - The futures contract appears to be in a downtrend, with a potential target of 25,250 [3] - A rise above 25,670 could shift the intraday trend to positive, but this is currently deemed unlikely [4] Trading Strategy - A recommendation to sell Nifty futures at 25,550, with a target of 25,300 and a stop-loss at 25,650 [5] - Support levels are identified at 25,250 and 25,000, while resistance levels are at 25,550 and 25,670 [5]