Indian equities ended the previous week on a weak note due to global uncertainty, Trump’s Iran-related tariffs, persistent FII selling, and rupee depreciation, overshadowing positive diplomatic signals on India–US trade talks. Markets were also shut mid-week due to Maharashtra elections.
FII Selling and Currency Pressure
Foreign Institutional Investors sold nearly ₹14,000 crore worth of equities as of January 17, while India’s forex reserves declined by $9.8 billion to $686.8 billion, adding to external stability concerns.
Technical View: Key Levels for Nifty
According to Wealthview Analytics, the following levels will act as critical decision points:
Resistance:
26,010 | 26,053 | 26,103 | 26,233 | 26,247 | 26,311
Support:
25,720 | 25,566 | 25,434 | 25,365 | 25,322 | 25,145
Price action around these zones will determine whether the index extends its trend or faces a corrective move.
High-Probability Intraday Time Clusters (Jan 19–23, 2026)
Wealthview Analytics also highlights specific intraday time windows that historically align with volatility expansion, swing highs, or reversals:
- Monday, Jan 19: 9:50 AM · 11:05 AM · 2:25 PM
- Tuesday, Jan 20: 10:50 AM · 11:25 AM · 1:30 PM
- Wednesday, Jan 21: 10:45 AM · 12:00 PM · 1:30 PM · 2:30 PM
- Thursday, Jan 22: 12:30 PM · 2:20 PM
- Friday, Jan 23: 11:50 AM · 2:30 PM
January 19 is highlighted as a potential trend-defining or reversal session, warranting increased caution.
Outlook
Overall, markets remain risk-averse, with global geopolitics, tariff uncertainty, FII outflows, and currency weakness dominating sentiment. Traders may benefit from focusing on price–time alignment and strict risk management, while investors await clearer directional cues.
Disclaimer:
Research by Team Wealthview Analytics Pvt. Ltd.
SEBI Registration No.: INH000009676
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