Pre-Market Outlook – 15.09.2026
Nifty Prev. Close: 23398.10
Thank you for reading this post, don't forget to subscribe!The equity markets are expected to begin the week on a positive note, despite mixed signals from global indices. However, the intraday market action may remain range-bound and volatile, with Nifty likely to oscillate within the 23300 to 23500 range. A decisive breakout or breakdown from this range could determine the next directional move, with 23100 and 23700 emerging as the immediate directional levels.
From a positional perspective, Nifty’s decisive close below the 23700 Interim Behavioural Shift Zone over consecutive sessions indicates the possibility of an extended downtrend, with potential support emerging around 23100, 22700 and 22200.
However, if the index manages to sustain above the 11th September low on a daily closing basis, a recovery towards 23700, followed by 24000, cannot be ruled out.
Until the swing structure decisively reclaims and sustains above the 23700 Interim Behavioural Shift Zone, traders may continue to adopt a Sell-on-Rise strategy.
Sectoral Focus
IT, Oil&Gas, Metal, Realty, Bank, Pharma.
Stocks To Watch
HDFC Bank, Solar Industries, KEC International, Cochin Shipyard, Dr Reddy’s Laboratories, Aurobindo Pharma, Sun Pharmaceuticals, Piramal Finance.
Ensure a strict stoploss discipline on all transactions.
Wishing everyone a successful day ahead!
