Stock Market Predictions for Tomorrow India by Experts-30 May 2025

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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 :

• Support: 24,660 / 24,552

• Resistance: 25,008 / 25,115

• 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 :

• Support: 81,200 / 80,900

• Resistance: 81,800 / 82,200

• 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.

Also Read :-https://bytethenews.in/today-gold-rate-in-salem-1-gram-22k-29-may-2025/

 

Market Highlights – May 29, 2025 

• Nifty 50 Close: 24,833.60 (+0.33%)

• BSE Sensex Close: 81,633.02 (+0.39%)

• India VIX: Down 9%, indicating easing volatility and improved sentiment

 

Top Gainers (Nifty) :

• IndusInd Bank: +2.47%

• Sun Pharma: +1.99%

• Eternal: +1.79%

• Adani Ports: +1.74%

• Tech Mahindra, Wipro, Infosys: Up over 0.9%, showing tech strength

 

Top Losers (Nifty) :

• HDFC Life: −1.07%

• BEL: −0.81%

• Tata Consumer, Jio Financial: Down ~0.7%

• Bajaj Finance, Bajaj Finserv: Witnessed minor profit booking

 

Sectoral View 

Strength :

• IT & Tech: Renewed investor interest supported names like Wipro, Infosys, and Tech Mahindra

• Private Banks: Strong traction in IndusInd, Axis, Kotak, HDFC, ICICI

• Pharma & Ports: Sun Pharma, Adani Ports led gains

 

Weakness :

• Insurance & FMCG: HDFC Life and Tata Consumer saw declines

• Selective NBFCs: Bajaj twins underperformed slightly due to profit-taking

 

Bank Nifty Update :

• Close: 55,546.05 (+0.23%)

• Support: 55,208 / 54,998

• 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 :

• Close: 26,420.80 (−0.6%)

• Top Gainers: HDFC Life, SBI Cards, Bajaj Finance

• 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 

• Long Positions: Continue to hold with stop-losses at 24,677 (Nifty) and 81,151 (Sensex)

• Short Positions: Only consider if indices break below critical support levels

• Trading Strategy:

  • Buy on Dips near support levels like 24,660 / 81,200

  • Sell on Rally near resistance zones like 25,115 / 82,200

  • Wait for a clear breakout above 25,115 (Nifty) or 82,200 (Sensex) for aggressive longs

   

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.