๐ Market Outlook:
- The Nifty 50 is expected to trade sideways to mildly bullish, as it consolidates after recent gains. Choice India+1
- Key support zone: 25,800-25,900; resistance band: 26,100-26,250. A breakout above resistance could signal further upside. mint+1
- Market faces caution ahead of expiry of monthly derivatives and key global data releases. Reuters
๐ Trade Strategy & Key Levels:
- On pullback to support (~25,900-25,800): consider selective buying, especially in quality large-caps.
- If price breaks resistance (~26,250) with momentum: Accumulate names with breakout potential.
- If break below support (~25,800) occurs: Adopt defensive stance โ reduce risk, avoid heavy exposure.
- Pay attention to derivatives expiry triggers and foreign-institutional flows which may cause intraday volatility.
๐ Sectors to Watch:
- ๐ฅ๏ธ IT & Exports โ poised on global cues.
- ๐ Power / Renewables & Infra โ on project and policy triggers.
- ๐ก๏ธ Defence / Heavy engineering โ sensitive to contract announcements and global defence news.
- ๐ Real estate & Housing finance โ in focus for domestic investment themes.
