13th March 2025 Pre-Market Analysis

Introduction

This report provides an overview of the recent market performance, key economic indicators, and notable stocks in both bullish and bearish situations as of March 13th, 2025.

Key Points

1. Market News

• • • • • GIFT Nifty trading flat, indicating a muted start.
        • Sensex & Nifty closed lower for the third consecutive day.
        • US Inflation Data lower than forecast, leading to Wall Street rebound.
        • Treasury Yields marginally lower in early Thursday trade.
        • Dollar Index relatively unchanged, mixed Asian currency performance.
        • WTI Crude Oil slightly lower.
        • Gold Prices rally near record levels.
        • Rupee ended flat at 87.21/USD, awaiting US CPI data.
    • .

2. Technical Analysis

Nifty-50

• Daily Chart:

  • Trading below 50 SMA, bearish trend.
  • Resistance: 22,600-22,700.
  • Support: 22,300-22,400.

• 1-Hour Chart:

  • Resistance at 22,500, support at 22,400.

• Open Interest (OI) Data:

  • Put Writing: 22,300 & 22,400 (support levels).
  • Call Writing: 22,500 & 22,600 (resistance levels).
  • PCR: 0.9, indicating bearish bias.

Nifty Bank

• Daily Chart:

  • Below 50 SMA, bearish sentiment.
  • Resistance at 48,400.

• 1-Hour Chart:

  • Support at 47,800, consolidation signs.

• Open Interest (OI) Data:

  • Put Writing: 47,900 & 48,000 (support levels).
  • Call Writing: 48,500 & 49,000 (resistance levels).
  • PCR: 1.0, neutral-to-bullish bias.

3. Key Bullish Stocks

• Bharat Electronics: ₹2,463 Cr contract for Ashwini Radars.
• Satin Creditcare: Raised LOC limit to ₹300 Cr.
• NTPC Renewable Energy: 105 MW solar project operational.
• Zydus Lifesciences: Invested in Illexcor Therapeutics.
• Coromandel International: Acquiring 53% stake in NACL Industries for ₹820 Cr.
• BEML: Signed MoUs with Siemens India & Dragflow SRL.
• Ola Electric: Announced Holi Flash Sale (₹26,750 discount on S1 range).
• Azad Engineering: Opened new lean manufacturing facility.
• Infosys: Expanded partnership with Citizens for AI & cloud transformation.
• Swelect Energy: Secured 150 MW solar PV module orders, raised ₹290 Cr.

Key Bearish Stocks

• Jubilant Pharmova: USFDA issued Voluntary Action Indicated (VAI) status.
• ICICI Securities: Trading suspension from March 24.
• Yatra Online: CFO Rohan Mittal resigned.
• Tata Steel: VP of Operations resigned (Rajiv Kumar).
• Stocks in F&O Ban: BSE, IndusInd Bank, Hindustan Copper, Manappuram Finance, SAIL.

4. Sector-Wise Analysis

• Top 5 Performing Sectors (1-Week Change %):

  • NIFTY METAL (+6.07%)
  • NIFTY OIL & GAS (+5.11%)
  • NIFTY COMMODITIES (+4.83%)

• Volume Shockers (Stocks with 1.5x Volume of Last Week’s Average):

  • ZYDUS LIFESCIENCES
  • LTIMINDTREE
  • SHREE CEMENTS

5. Long & Short Build-Up Stocks

• Long Build-Up Stocks (Increase in Open Interest %):

  • RAMCOCEM (+41.60%)
  • COFORGE (+14.10%)
  • WIPRO (+12.90%)
  • CAMS (+11.80%)
  • MFSL (+10.20%)

• Short Build-Up Stocks (Increase in Open Interest %):

  • MCX
  • ADANIGREEN
  • ADANIENSOL
  • LAURUSLABS
  • SUNPHARMA

6. FII & DII Data

• FIIs: Net sellers (₹1,627.61 Cr on March 12).
• DIIs: Net buyers (₹1,510.35 Cr on March 12).

7. Breakout Pulse Stocks (Nifty 500)

• AAVAS (₹1,816, +2.5%)
• DOMS (₹2,806, +2.5%)
• KOTAKBANK (₹1,982, +2.4%)

Conclusion

The market is set for a cautious start with mixed signals from international markets and local economic indicators. Investors should continue to monitor key stocks and market indices for potential movements in both bullish and bearish directions, keeping an eye on upcoming economic data and geopolitical events.