Pre-Market Outlook – 17.02.2026
Green Flash, No Trend Clash – It looks like a relief rally driven by short covering on markets, not a structural reversal. With low volume and no decisive breakout above the recent swing high, the broader bias remains cautious. Sustaining higher is key, else the corrective trend may resume.
Thank you for reading this post, don't forget to subscribe!Flat to negative start is likely for the benchmark indices, tracking neutral global cues. The day may remain range-bound with a Sell-on-Rise approach.
Unless the NIFTY sustains above 25740, bounces are likely to attract selling, while 25449 remains key support, and holding above it could push the index towards 25900 to 26000.
A decisive close above 25740 could pave the way for a positional move towards 26300 and higher.
Sectoral Focus
Bank, Energy, Pharma, Metal, Realty, Auto.
Stocks To Watch
Reliance Industries, Lupin, Cochin Shipyard, Texmaco Rail, JSW Infrastructure, TVS Supply Chains, Delhivery, Powergrid Corp, Torrent Pharma, GMR Airports.
Employ a firm stoploss discipline in all trades.
Wishing everyone a fortune day!
