{"id":17961,"date":"2026-06-03T09:02:47","date_gmt":"2026-06-03T03:32:47","guid":{"rendered":"https:\/\/www.gwcindia.in\/blog\/?p=17961"},"modified":"2026-06-03T09:02:47","modified_gmt":"2026-06-03T03:32:47","slug":"pre-market-outlook-03-06-2026","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/pre-market-outlook-03-06-2026\/","title":{"rendered":"Pre-Market Outlook \u2013 03.06.2026"},"content":{"rendered":"
Nifty Prev. Close: 23483.55<\/strong><\/p>\n The Bounce is Here, but the Test Remains<\/strong> – After four sessions of decline, Nifty rebounded strongly, reflecting renewed buying interest led by IT stocks and selective sectoral strength.<\/p>\n However, the index remains below key resistance levels. A move above 23,700 could improve sentiment, while 23,300 remains critical support. Stock specific opportunities may continue, though global cues and institutional flows are likely to dictate the broader market trend.<\/p>\n A stable opening is expected for Nifty amidst optimism across Asian region markets. The index may turn volatile within the 23,300 to 23,600 range. A breakout above 23,600 could push it towards 23,700, while a breach below 23,300 may trigger fresh selling towards 23,200.<\/p>\n Positional traders may adopt a Buy-on-Dips and Sell-on-Rise approach within the range. However, the broader structure remains weak as long as Nifty trades below the key behavioural resistance of 23,700.<\/p>\n Sectoral Focus<\/p>\n IT, Consumer Goods, Energy, Metal, Pharma.<\/p>\n Stocks To Watch<\/p>\n Infosys, TCS, Canara Bank, Adani Ports and Special Economic Zone, Concord Biotech, Vedanta, BSE.<\/p>\n Maintain concrete stoploss strategy across positions.<\/p>\n Wishing everyone a productive day!<\/p>\n