Pre-Market Outlook – 06.11.2025
Caution Tempers Sentiment – Nifty showed clear hesitation as it broke and closed below the 3rd November low, our first key behavioural date, signalling an extension of the ongoing trend until a stronger support base emerges.
Thank you for reading this post, don't forget to subscribe!Flat start is anticipated for the benchmark indices despite positive global market cues. Nifty may turn into trading lacklustre within the 25,500 to 25,700 band, with a mild downside bias. A break on either side could open moves toward 25,365 or 25,850, respectively.
A close above 26,200 or a breakout past 26,300 may pave the way toward 26,700 to 27,000. Until then, Nifty is likely to remain range-bound between 25,500 and 26,000.
Positionally, positive momentum is likely to sustain as long as Nifty holds above the October 15 high and low range.
Auto, Metal, IT, PSEs, Financial Services, Pharma, and Bank sectors are expected to guide market direction today.
Day trading opportunities may emerge in stocks such as SBI, Adani Enterprises, InterGlobe Aviation, Sun Pharmaceuticals, Aurobindo Pharma, Grasim Industries, Britannia Industries, Indian Hotels, Berger Paints, Escorts Kubota, Tube Investment of India, Kaynes Technology, Gardern Reach Shipbuilders, and Suzlon.
September quarter results of LIC, Cholamandalam Investment & Finance, Apollo Hospitals, ABB India, Bajaj Housing, Godrej Properties, Cummins India, MCX, Lupin, Mankind Pharma, NHPC, UPL, and GlaxoSmithKline will be closely monitored.
Traders are advised to establish a robust stoploss strategy across all positions.
Wishing everyone a successful day!