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Pre-Market Outlook – 02.02.2026

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- The first day of February signals annex5ended weakness with elevated volatility ahead of union budget.

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After a year of time period, the 24700 acted again a key behaviour shift area as it breaks below to it during the budget presentation but managed to close above it with a…

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Amidst mixed signals in international indices, the Indian benchmark indices are expected to start the day on a cautious manner.

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The trends for the remaining day become highly volatile with a Sell-On-Rise approach.

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The Nifty, til it holds 24700, may try to swing indirectionally with 24900 to 25000 acting as an immediate capping levels on the upside.

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A break below 24700 would invite selling where it may lead towards 24500 levels.

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