Trade Set-Up: Thursday was a textbook volatility explosion. We saw a rare decoupling where equities, metals, and oil all moved sharply together—leaving no clear safe haven.
Meta surged nearly +9% on strong guidance
Microsoft crashed -11% due to slowing cloud growth
Big Tech divergence kept S&P 500 flat, while Nasdaq took the heat
This confirms we are entering a High Volatility Regime. When gold starts behaving like a momentum stock (10% moves in a day), it signals deep market nervousness, not strength.
Geopolitical risk also remains elevated after President Trump’s military ultimatum to Iran.
US crude inventory drawdowns and rising metal costs show inflation is not dead yet.
Key intraday levels for Nifty and Bank Nifty based on options positioning.
Risk Management Note (Important)
Today (Jan 30), keep position sizes at 50% of normal.
With the Union Budget tomorrow, this is not the environment for hero trades.
👉 No big directional bets until the Budget speech is over.
👉 Capital preservation > prediction.
Index Structure & Options View
NIFTY
PCR at 0.978 → looks neutral but is deceptive
Heavy Call writing at 25,500 (strong resistance)
Put base forming between 25,000 – 25,150
Unless Nifty crosses & sustains above 25,550, rallies are likely to be sold
Decision zone for the day
BANK NIFTY
Showing relative strength vs Nifty
Closed near 60,000 – a key psychological level
As long as it holds above 59,500, it can act as an anchor for the broader market
Market Tone
Expect a range-bound, volatile session.
Traders are squaring off positions and going light ahead of the Budget.
📌 This is not the day to be aggressive.
📌 The real directional move is expected post-Budget, likely from Monday.
Key Levels for 30.01.2026
NIFTY
Supports: 25380 / 25240 / 25160
Pivot / Breakout: 25475
Resistances: 25555 / 25615
BANK NIFTY
Supports: 59800 / 59540 / 59200
Pivot / Breakout: 60160
Resistances: 60310 / 60450
Final Verdict
High volatility + Budget uncertainty = discipline first.
Sit on cash if needed. Protect capital.
Opportunities will come after clarity, not before.
Disclaimer: We are not a SEBI-registered Research Analyst or Investment Advisor. You are solely responsible for your trading decisions. Always perform your own due diligence or consult a certified financial planner before executing any trade.