{"id":18322,"date":"2026-07-08T09:06:01","date_gmt":"2026-07-08T03:36:01","guid":{"rendered":"https:\/\/www.gwcindia.in\/blog\/?p=18322"},"modified":"2026-07-08T09:06:01","modified_gmt":"2026-07-08T03:36:01","slug":"pre-market-outlook-08-07-2026","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/pre-market-outlook-08-07-2026\/","title":{"rendered":"Pre-Market Outlook \u2013 08.07.2026"},"content":{"rendered":"<p><strong>Nifty Prev. Close: 24398.70<\/strong><\/p>\n<p><strong>Bulls Hold Ground, Caution Grows<\/strong> &#8211; Nifty continues to trade with a bullish bias, supported by buying interest on declines. However, as the index approaches key resistance levels, caution is building, with selective profit booking and range-bound moves likely in the near term. The broader trend remains positive as long as Nifty holds above the key behavioural support levels of 24,261, 23,900, and 23,700. Traders should adopt a stock specific approach, avoid aggressive buying near resistance, and maintain strict stoploss discipline across all trades.<\/p>\n<p>A lower opening is likely for the benchmark indices following weak tendencies in overseas equities on the back of renewed tensions between the US and Iran. As the session progresses, Nifty is likely to witness volatile moves within the 24,200 to 24,500 range. A decisive breakout above 24,500 is required to see the movements towards a core behaviour shift zone of 24,700. If it breaks down below 24,200, room for drifting towards 24,000 may arise.<\/p>\n<p>With Nifty approaching the key behavioural resistance zone of 24,700, traders are advised to stay light on positions and refrain from aggressive position building on either side.<\/p>\n<p>Sectoral Focus<\/p>\n<p>Information Technologies, Energy, Oil&amp;Gas, Metal, Pharma, Capital Goods.<\/p>\n<p>Stocks To Watch<\/p>\n<p>HCL Technologies, Interglobe Aviation, Uno Minda,EMS, 3i Infotech, Orchid Pharma, Idea Forge Technologies.<\/p>\n<p>Prioritise risk management by maintaining disciplined stoploss strategy.<\/p>\n<p>Wishing everyone a fulfilling 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>Nifty Prev. Close: 24398.70 Bulls Hold Ground, Caution Grows &#8211; Nifty continues to trade with a bullish bias, supported by buying interest on declines. However, as the index approaches key resistance levels, caution is building, with selective profit booking and range-bound moves likely in the near term. The broader trend remains positive as long as [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":18323,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2283],"tags":[],"class_list":["post-18322","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\/18322","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=18322"}],"version-history":[{"count":1,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/18322\/revisions"}],"predecessor-version":[{"id":18324,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/18322\/revisions\/18324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/18323"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=18322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=18322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=18322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}