Pre-Market Outlook – 12.02.2026
Consolidation with improving structure – Nifty is trading within a defined range, indicating consolidation. However, steady buying at lower levels suggests gradual strengthening of the trend. A decisive breakout above resistance can trigger fresh upside momentum, while key supports must hold to maintain the improving bias. Adopt a Buy-on-Dips approach with strict stoploss until a clear directional move emerges.
Thank you for reading this post, don't forget to subscribe!A quiet start is anticipated amid neutral global cues. The session may remain range-bound with stock specific action.
Consecutive close above 9th February high signals scope for further upside towards 26150 followed with 26300. Any downside may be arrested with the support of 25900.
As discussed, two successive closes above 25740 indicate a fresh rally leg, provided it sustains above 25740 on a daily closing basis.
Sectoral Focus
Auto, PSU Banks, Finance, IT, Oil&Gas.
Stocks To Watch
Mahindra&Mahindra, Divis Labs, Godrej industries, Federal Bank, Amara Raja Energy & Mobility, Avanti Feeds, LG Electronics, Lenskart.
Earnings Corner
Hindustan Unilever, ONGC, Hindustan Aeronautics, Coal India, Hindalco Industries, Muthoot Finance, Lupin, Biocon, Indian Hotels, Abbott India, Bharat Forge, IRCTC, PI Industries, Petronet LNG, Gujarat Fluorochem, CRISIL.
Maintain rigorous stoploss practice in all trades.
Wishing everyone a cheerful day!
