Pre-Market Outlook – 06.07.2026
Nifty Prev. Close: 24270.85
Thank you for reading this post, don't forget to subscribe!The benchmark indices are likely to open flat amid mixed global cues. The Nifty is expected to trade bound with sector specific movements.
As long as the Nifty holds above 24,261, it may target 24,400. On the downside, supports are placed at 24,150, 24,100, and 24,000.
Traders may adopt a Sell-on-Rise as the preferred strategy, while Buy-on-Dips can be considered near the support levels.
From a positional perspective, the broader bullish trend remains intact as long as the Nifty stays above 23,700, with upside targets of 24,500 and 24,700.
Sectoral Focus
Bank, Metal, IT, Capital Goods, Energy, Defence.
Stocks To Watch
HDFC Bank, Kotak Mahindra Bank, Indusind Bank, Yes Bank, Karur Vysya Bank, BNdhan Bank, RBL Bank, L&T Finance, NBCC, Fortis Healthcare.
Follow concrete stoploss discipline across transactions.
Wishing everyone a prosperous day!
