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Stock Market Predictions for Tomorrow – May 30, 2025
Indian equity markets rebounded on May 29, 2025, after two consecutive sessions of weakness. The Nifty 50 rose 81.15 points (+0.33%) to close at 24,833.60, while the BSE Sensex advanced 320.70 points (+0.39%), ending at 81,633.02. Broad-based buying across sectors, strong global cues, and easing volatility fueled the recovery.
Despite early weakness and a dip to an intraday low near key moving averages, both indices staged a robust late-session comeback, indicating bullish resilience and support from institutional buyers.
Technical Summary :
Nifty Trend :
Positive with Recovery Momentum
The Nifty bounced back from near its 20-day EMA and continues to trade in a rising channel. Momentum remains intact as long as 24,677 is held.
Sensex Trend :
Bullish Reversal
Sensex took support at the 81,100 zone and rebounded strongly, indicating a possible test of higher resistance levels in the near term.
Nifty Key Technical Levels :
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Support: 24,660 / 24,552
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Resistance: 25,008 / 25,115
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Stop-loss for Longs: 24,677
The Nifty has faced rejection near the 25,000 mark in the past, but the strong recovery today suggests buyers may again test this psychological level. A break above 25,115 can confirm bullish continuation.
Sensex Key Technical Levels :
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Support: 81,200 / 80,900
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Resistance: 81,800 / 82,200
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Stop-loss for Longs: 81,151
Holding above 81,151 keeps the bullish bias intact. A move above 81,800 could trigger a rally toward the 82,200–82,600 zone.
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Market Highlights – May 29, 2025
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Nifty 50 Close: 24,833.60 (+0.33%)
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BSE Sensex Close: 81,633.02 (+0.39%)
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India VIX: Down 9%, indicating easing volatility and improved sentiment
Top Gainers (Nifty) :
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IndusInd Bank: +2.47%
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Sun Pharma: +1.99%
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Eternal: +1.79%
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Adani Ports: +1.74%
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Tech Mahindra, Wipro, Infosys: Up over 0.9%, showing tech strength
Top Losers (Nifty) :
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HDFC Life: −1.07%
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BEL: −0.81%
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Tata Consumer, Jio Financial: Down ~0.7%
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Bajaj Finance, Bajaj Finserv: Witnessed minor profit booking
Sectoral View
Strength :
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IT & Tech: Renewed investor interest supported names like Wipro, Infosys, and Tech Mahindra
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Private Banks: Strong traction in IndusInd, Axis, Kotak, HDFC, ICICI
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Pharma & Ports: Sun Pharma, Adani Ports led gains
Weakness :
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Insurance & FMCG: HDFC Life and Tata Consumer saw declines
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Selective NBFCs: Bajaj twins underperformed slightly due to profit-taking
Bank Nifty Update :
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Close: 55,546.05 (+0.23%)
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Support: 55,208 / 54,998
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Resistance: 55,884 / 56,094
Private lenders led the gains with IndusInd Bank surging 2.47%. Public sector banks saw modest upticks, while AU Small Finance Bank lagged, dropping 1.05%. Intraday volatility remains high, but the formation of long-tailed candles indicates strong buying at lower levels.
FINNIFTY Update :
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Close: 26,420.80 (−0.6%)
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Top Gainers: HDFC Life, SBI Cards, Bajaj Finance
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Top Losers: ICICI Bank, Axis Bank
NBFCs and insurers helped cushion the fall, but pressure from banking names weighed on the index. Movement is expected to stay range-bound unless new macro triggers emerge.
Outlook Summary for May 30, 2025
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Long Positions: Continue to hold with stop-losses at 24,677 (Nifty) and 81,151 (Sensex)
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Short Positions: Only consider if indices break below critical support levels
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Trading Strategy:
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Buy on Dips near support levels like 24,660 / 81,200
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Sell on Rally near resistance zones like 25,115 / 82,200
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Wait for a clear breakout above 25,115 (Nifty) or 82,200 (Sensex) for aggressive longs
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1. How did markets close on May 29 ?
Nifty closed at 24,833.60 (+0.33%), Sensex closed at 81,633.02 (+0.39%).
2. What drove the market higher today ?
Broad-based buying, strength in financials, IT, and pharma, along with positive global cues and FII flows.
3. What’s the Nifty strategy for tomorrow ?
Buy near support zones (24,660–24,552), sell near resistance (25,008–25,115). Watch 25,000 psychological resistance.
4. Which sectors outperformed ?
Private banking, pharma, IT, and ports.
5. When should short trades be considered ?
Only if Nifty breaks below 24,677 or Sensex drops below 81,151 on a closing basis.