{"id":16434,"date":"2026-02-02T09:50:36","date_gmt":"2026-02-02T04:20:36","guid":{"rendered":"https:\/\/www.gwcindia.in\/blog\/?p=16434"},"modified":"2026-02-02T10:40:20","modified_gmt":"2026-02-02T05:10:20","slug":"pre-market-outlook-02-02-2026","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/pre-market-outlook-02-02-2026\/","title":{"rendered":"Pre-Market Outlook \u2013 02.02.2026"},"content":{"rendered":"<p><strong>24700 tests as a behaviour shift zone, next?<\/strong> &#8211; The first day of February signals annex5ended weakness with elevated volatility ahead of union budget. 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 caution.<\/p>\n<p>Amidst mixed signals in international indices, the Indian benchmark indices are expected to start the day on a cautious manner. The trends for the remaining day become highly volatile with a Sell-On-Rise approach.<\/p>\n<p>The Nifty, til it holds 24700, may try to swing indirectionally with 24900 to 25000 acting as an immediate capping levels on the upside. A break below 24700 would invite selling where it may lead towards 24500 levels.<\/p>\n<p>From a positional standpoint, Nifty closing below 24700 for consecutive two sessions may confirm the next leg of downside rally with 25449 acting as resistance followed with 25740 as a core one. If it closes below the stipulated level, the medium term signal for the next downside might arise with an eye of reaching 23700\/23300 levels.<\/p>\n<p>Sectoral Focus<\/p>\n<p>Bank, Financial Services, Metal, Energy, Oil&amp;Gas, PSEs, IT.<\/p>\n<p>Stocks To Watch<\/p>\n<p>Hero Motocorp, MCX, Bharat Electronics, Hindustan Zinc, Bharat Dynamics, BNk of Baroda, Muthoot Finance, Angel One.<\/p>\n<p>Earnings Corner<\/p>\n<p>India Towers, Hyndai Motors, Thermax, Sundaram Finance, UPL, Tata Chemicals, PB Fintech, City Union Bank.<\/p>\n<p>Traders are advised to maintain strict stoploss across positions.<\/p>\n<p>Wishing everyone a successful day!<\/p>\n<p><a href=\"http:\/\/gwcindia.in\/disclaimer\/\" target=\"_blank\" rel=\"noopener\">*gwcindia.in\/disclaimer\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>24700 tests as a behaviour shift zone, next? &#8211; The first day of February signals annex5ended weakness with elevated volatility ahead of union budget. 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 [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":16435,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2283],"tags":[],"class_list":["post-16434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pre-market-outlook"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/16434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/comments?post=16434"}],"version-history":[{"count":2,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/16434\/revisions"}],"predecessor-version":[{"id":16437,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/16434\/revisions\/16437"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/16435"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=16434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=16434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=16434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}