{"id":17696,"date":"2026-05-12T09:00:37","date_gmt":"2026-05-12T03:30:37","guid":{"rendered":"https:\/\/www.gwcindia.in\/blog\/?p=17696"},"modified":"2026-05-12T09:00:37","modified_gmt":"2026-05-12T03:30:37","slug":"pre-market-outlook-12-05-2026","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/pre-market-outlook-12-05-2026\/","title":{"rendered":"Pre-Market Outlook \u2013 12.05.2026"},"content":{"rendered":"
Global Tensions Shake Bulls<\/strong> – The Nifty witnessed a sharply negative session, yesterday, tracking weak global cues and mounting concerns over rising crude oil prices amid escalating geopolitical tensions in West Asia. The index opened on a weak note and remained under sustained selling pressure throughout the day, eventually closing near the day\u2019s low.<\/p>\n With an extension of the ongoing trend, another Gap- Down start is likely on cards for the benchmark indices despite a neutral signal from global markets. The Nifty is likely to trade within the 23,700 to 23,900 range, where 23,700 may act as a key demand zone and 23,900 as an immediate resistance. A decisive break on either side could trigger a move towards 23,600 or 24,000, respectively.<\/p>\n Traders may continue deploying a Buy-on-Dips strategy.<\/p>\n As the April 22 High & Low continue to remain a behaviourally significant zone, the market is yet to confirm a positive positional reversal. A sustained close above the April 22 range is required to signal the resumption of a broader bullish trend.<\/p>\n Sectoral Focus<\/p>\n Oil&Gas, Energy, Banks, Finance, Realty, Pharma.<\/p>\n Stocks To Watch<\/p>\n Canara Bank, Indian Hotels, Bharat Forge, Syrma SGS Technology, Anantraj Industries, JSW Energy.<\/p>\n Quarterly Earnings<\/p>\n Tata Power, Torrent Power, Dr Reddy’s Laboratories, Dixon Technologies, Berger Paints, Max Financial Services, KPR Mills, Pfizer, Mtar Technologies, Vinati Organics.<\/p>\n Traders are advised to follow a firm stoploss discipline across all trades.<\/p>\n Wishing everyone a fortune day!<\/p>\n