Nifty & Sensex Today: Pre-Market Report for 18 July 2025
🔍 Market Overview
Good morning and welcome to your comprehensive pre-market briefing for 18 July 2025. Indian equity markets are set to open with a cautious tone amid mixed global signals, geopolitical concerns, and a pause in tech stock momentum. Investors are closely watching SGX Nifty, US markets, crude oil trends, and corporate earnings ahead of the market open.
🌏 Global Market Snapshot
- Dow Jones: -0.22% ▼
- Nasdaq: -0.17% ▼
- S&P 500: -0.12% ▼
- FTSE 100: +0.20% ▲
- Nikkei 225: +0.45% ▲
- Hang Seng: +0.10% ▲
- SGX Nifty: Indicates flat-to-negative start near 24,340
📊 Key Technical Levels
Nifty 50: Immediate support lies at 24,250 and resistance at 24,450. A breakout above 24,450 could trigger a rally toward 24,600.
Bank Nifty: Support at 53,000, resistance at 53,600. Keep an eye on RSI nearing 60; SuperTrend indicates positive momentum.
🔥 Top Stocks to Watch
- Reliance Industries: Q1 earnings expected; bullish on SuperTrend.
- Infosys: Profit-booking likely after a 3-day rally.
- Axis Bank: Watch for breakout above ₹1,160 level.
- HDFC Bank: RSI nearing overbought; monitor for reversal signs.
📈 Sector Outlook
Positive: Pharma, FMCG
Neutral: IT, Auto
Negative: Metal, Realty
🔗 Internal Links for Learning & Strategy
📅 Economic Events Today
- India CPI Data expected later today
- US Fed Chair Powell to speak on monetary outlook
- Crude Oil inventory data release
📌 Analyst Outlook
Volatility likely to continue as markets digest Q1 results and global cues. Traders should stay cautious near resistance levels. Investors may focus on defensives and large caps amid earnings season.
📋 Strategy for the Day
- Buy on dips near 24,250 in Nifty with SL at 24,180
- Sell Bank Nifty on rise near 53,600 with SL at 53,800
- Use tight stop losses; avoid aggressive long positions until breakout above 24,450
: SGX Nifty, Global Cues, Key Levels & Stocks in Focus){kind=link}
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