Pre-Market Outlook – 27.02.2026
25449 holds, conviction folds – NIFTY managed to defend the 25449 support level, preventing immediate downside pressure. However, the inability to attract strong follow-through buying at higher levels reflects a lack of conviction among market participants. Repeated rejections near resistance signal an increased cautioun and attractin selling on every rise, keeping upside limited.
Thank you for reading this post, don't forget to subscribe!A gap-Down start is likely, despite mixed tendencies in global peers. However, follow-through actions will depend on NIFTY sustaining above 25600. Failure to hold may invite an additional selling to see 25300 or lower.
Though 25449 has held for two consecutive sessions, momentum remains weak. A decisive close above 25650 is needed for positional confirmation.
Sectoral Focus
Auto, Energy, MNCs, Bank, Pharma, IT, Capital Goods.
Stocks To Watch
IOC, Mankind Pharma, IRFC, Engineers India, Vishal Mega Mart, GMDC, Vikram Solar.
Adopt firm stoploss discipline in all transactions.
Wishing everyone a pleasant day!
