Pre-Market Outlook – 07.01.2026
Caution Prevails | Volatility Rises, Support Holds – Nifty is witnessing increased volatility amid cautious sentiment, but the index continues to hold above key support, indicating underlying buying interest. As long as this support remains intact, the broader bias stays positive with a Buy-on-Dips approach. However, resistance at higher levels may limit upside in the near term, keeping the market range-bound and stock specific.
Thank you for reading this post, don't forget to subscribe!Nifty is expected to open on a neutral note amid mixed global cues. The session may witness range-bound volatility with stock specific action.
Holding above 26,000 is crucial to attract buying and a possible bounce. A failure to sustain may drag the index toward 25,950 to 25,900, with 26,300 acting as a near term cap.
Sustaining above 25,700 keeps the broader trend positive, opening scope for fresh highs. A breakout beyond 26,700 could mark a key behavioural shift for the year, while a close below 25,700 may trigger a sharper corrective phase.
Sectoral focus: Pharma, Oil & Gas, Energy, IT, and FMCG.
Stocks to watch: Reliance Industries, Titan Company, Biocon, Lodha Developers, IRB Infrastructure, Jubilant Food works, Divis Laboratories, and National Aluminium
Implementing a strict stoploss discipline is essential to navigate heightened volatility.
Wishing everyone a productive day!