Pre-Market Outlook – 13.03.2026
Bottom indecision invites buyers – After the recent decline, Nifty is showing indecision near lower levels, indicating that selling pressure may be easing as buyers begin to step in. If the index holds key support and witnesses follow through buying, a technical bounce could emerge. However, failure to sustain support may keep the downside pressure intact.
Thank you for reading this post, don't forget to subscribe!A lower opening is likely for Nifty amid weak cues from global peers. The index needs to hold above 23500 to witness a bounce towards 23700 to 23900. A break below 23500 could drag it towards 23400 and then 23300.
From a positional perspective, sustaining below 24079 (10th March low) indicates increasing selling pressure, with downside targets placed around 23300 and 22800. Any short-term rebound may continue to be treated as a selling opportunity unless 24700 is decisively reclaimed.
Sectoral Focus
Energy, Metal, IT(at crucial juncture – room for potential upside reversal), Auto, Defence.
Stocks To Watch
BHEL, TVS Motor, Acme Solar Holdings, Max Financial Services, KPI Green Energy, Gravita India, Action Construction Equipments.
Follow strict stoploss disciplines across trades.
Wishing everyone an enthusiastic day!
