Pre-Market Outlook – 16.03.2026

The opening trend for our benchmark indices may remain cautiously positive despite weak global cues. If Nifty holds 23100, it may see fragile bounces towards 23300 to 23500; failure to hold could extend the fall to 22800

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From a positional view, sustaining below 24079 (10th March low) signals rising selling pressure with downside targets at 22800 to 22600. Any short-term rebound may continue to be a Sell-On-Rise unless 24700 is decisively reclaimed.

Sectoral Focus

Oil.& Gas, Energy, Defence, Auto, Bank, Finance.

Stocks To Watch

Waaree Energies, GMR Airports, Data Patterns, JK Lakshmi Cements, Dilip Buildcon, Adani Power.

Adopt a solid stoploss discipline across trades.

Wishing everyone a successful day!

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