Pre-Market Outlook – 06.01.2026
Expanding Opportunity, Rising Caution – Nifty remains near record highs, indicating strong underlying momentum, but elevated levels are also triggering intermittent profit booking. The broader trend stays positive, favoring a Buy-on-Dips approach above key supports. Opportunities are widening in select stocks, while chasing rallies at higher levels should be avoided. With volatility likely, disciplined risk management and stock specific positioning remain crucial.
Thank you for reading this post, don't forget to subscribe!Amid positive cues from global markets, domestic indices are poised to start higher, with elevated caution. The session could turn volatile as stock specific action dominates amid swift sectoral rotation.
As long as Nifty holds above 26,200, every dip may be utilised for accumulation with 26100 and 26000 provides support. On the upside, 26,300 to 26,350 acts as an intermediate resistance zone.
A move beyond this band could open the path toward 26,700, which may emerge as a key behavioural shift zone for the year.
Sectoral focus: Financial Services, Banks, Realty, Metal, Oil&Gas, and IT.
Stocks to watch: Kotak Bank, Axis Bank, Indusind Bank, NBCC, L&T Finance, Trent, MOIL, AWL Agri.
Traders are suggested to keep firm stop loss strategies across trades.
Wishing everyone a fortune day!
