Pre-Market Outlook – 03.11.2025
November begins with a tone of caution despite a bullish tendency from overall perspective – India’s benchmark indices are poised for a flat opening amid varied trends in international markets. The rest of the day could be influenced by its behavior in the first fifteen minutes to one hour.
Thank you for reading this post, don't forget to subscribe!The Nifty needs to close the initial 15 minutes over 25711 to maintain the trend and move towards the 26000 to 26100 ranges. Should it close beneath the designated level, the likelihood of drifting down to 25500 to 25450 may increase.
From the positional standpoint, a significant close over 26,200 or a surge past 26,300 might open the path to 26,700 to 27,000. Until then, Nifty is expected to remain within a range of 25,500 to 26,000.
Positive momentum could increase as long as Nifty remains above the high and low range from October 15.
Behavioural research indicates that the High and Low of October 31st acts as a crucial turning point, capable of inducing significant changes in behaviour.
Metal, PSEs, Oil & Gas, Energy, Bank, Financial Services and Auto sectors may influence today’s market movements.
Stocks like Bharat Electronics, Bank of Baroda, Bharat Petroleum, Eicher Motors, Mahindra & Mahindra, Tata Motors Passenger Vehicle, Escorts Kubota, TVS Motor, JK Cement, and Tata Chemicals may offer increased trading opportunities for day traders.
Companies revealing their Q2 earnings today comprise Titan Company, Powergrid Corporation, Bharti Airtel, Bharti Hexacom, Tata Consumer Products, Ambuja Cements, Kansai Nerolac, and AWL Agri.
Traders are advised to implement a firm stop loss strategy on all trades.
Wishing everyone a fruitful day!