Pre-Market Outlook – 17.03.2026
Forms a temporary bottom – The Nifty is showing early signs of bottoming as selling pressure eases. As long as it holds, 23000, room for revisiting 24700 could rise.
Thank you for reading this post, don't forget to subscribe!However, the index should prove closing above 24079 (10th March low) for sustainable movements toward 24300/24700.
By tracking favourable cues in global markets, Nifty is likely to begin positively. The remaining day’s movements are expected to be developing with an upward attempts, with a Buy-on-Dips strategy.
The Nifty may swing between 23300 and 23700.
Sectoral Focus
Energy, Metal, Oil & Gas, Auto, Bank, Finance, Realty.
Stocks To Watch
Reliance Industries, Tata Motors, Sun Pharmaceuticals, Adani Enterprises, Rail Vikas Nigam, l&T Technology Services,
Maintain a firm stoploss discipline on all transactions.
Wishing everyone a cheerful day!
