7th 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 7th, 2025.

Key Points

1. Market News

• • • • • GIFT Nifty trading marginally lower, indicating a flat to negative start.
        • Nifty 50 hit 22,500, Sensex reclaimed 74,000.
        • Asian markets declined, tracking Wall Street losses.
        • US President Donald Trump announced a one-month exemption for USMCA goods from 25% tariffs.
        • 10-year Treasury yield: fell to 4.26%, 2-year yield: dropped to 3.94%.
        • USD gained slightly, while Asian currencies weakened.
        • WTI crude oil remained steady above $66.
        • Gold prices fell, with investor concerns over US tariffs and Federal Reserve decisions.
        • INR weakened by 15 paise to 87.11 against USD, despite RBI liquidity measures.
    • .

2. Technical Analysis

Nifty-50

• Daily Chart:
  • Strong bullish momentum.
  • Approaching 50-day SMA (potential resistance).
  • Sustaining above this level could indicate more upside.
• 1-Hour Chart:
  • Trading above short-term moving averages.
  • Breakout above resistance zones could further strengthen the trend.
• Open Interest (OI) Data:
  • Strong Put Writing at 22,500 & 22,400 (support levels).
  • Call Writing at 22,600 & 22,700 (resistance levels).
  • Bullish Bias: Put OI increased by +1.92Cr, Call OI increased by +1.38Cr.
  • Key Support Levels: 22,400 & 22,250.
  • Key Resistance Levels: 22,600 & 22,750.

Nifty Bank

• Daily Chart:
  • Trading below 50-day SMA (bearish undertone).
  • Minor pullback but remains under pressure.
• 1-Hour Chart:
  • Short-term recovery visible, consolidating after a bounce.
  • Immediate resistance near recent highs.
• Open Interest (OI) Data:
  • Strong Put Writing at 48,500 & 48,000 (support levels).
  • Call Writing at 49,000 & 49,500 (resistance levels).
  • Bullish Bias: Put OI increased by +5.64L, Call OI increased by +3.9L.
  • Key Support Levels: 48,400 & 48,200.
  • Key Resistance Levels: 48,800 & 49,000.

3. Key Bullish Stocks to Watch

• Bharat Electronics: Secured ₹577 Cr orders, total inflow ₹13,724 Cr for FY25.
• Laurus Labs: ₹833 Cr investment in KRKA Pharma.
• Kalpataru Projects: Won ₹2,306 Cr orders.
• RVNL: ₹156.35 Cr orders from South Western Railway.
• Brigade Enterprises: Launched Brigade Altius project (₹1,700 Cr revenue potential).
• Biocon: Partnering with Civica for Insulin Aspart in the US.
• Avenue Supermarts: Opened 4 new stores (Total: 396).
• TCS: Expanding partnership with Northern Trust (custody operations in 99 markets).
• Power Grid Corp: Won 3 projects for interstate transmission.

Key Bearish Stocks to Watch

• Mangalam Cement: ₹11.3 Cr financial impact due to Dept. of Mines and Geology assessment.
• Sandur Manganese & Iron Ores: ₹62.2 Cr demand notice from the Income Tax Dept.
• Aarti Drugs: SEBI warning letter over trading activities.
• F&O Ban Stock: Manappuram Finance.
• Removed from F&O Ban: NIL.

4. Sector-Wise Analysis & Volume Shockers

Top Performing Sector Indices (Last One Week)

• NIFTY METAL: +7.18%
• NIFTY PSE: +4.32%
• NIFTY CPSE: +4.08%
• NIFTY COMMODITIES: +3.65%
• NIFTY HIGH BETA 50: +2.65%

Top Volume Shockers (Previous Session)

• ADANI ENERGY: +20.60%
• ZYDUS LIFESCIENCES: +16.20%
• ICICI LOMBARD: +10.40%
• 733
• 907
• 1702

5. Long Build-Up & Short Build-Up Stocks

Long Build-Up Stocks (Top 5)

• JUBLFOOD: +7.30%
• BSE: +6.20%
• PERSISTENT: +4.40%
• OFSS: +4.30%
• JSWENERGY: +4.00%

Short Build-Up Stocks (Top 5)

• KPITTECH
• IIFL
• JSL
• IREDA
• ADANIENSOL

6. Institutional Activity

• FIIs (Foreign Institutional Investors): Net sellers (-₹2,377.32 Cr on March 6).
• DIIs (Domestic Institutional Investors): Net buyers (+₹1,617.80 Cr on March 6).

7. Breakout Pulse Stocks (Potential Uptrend 2-5%)

• GODFRYPHLP: ₹5418 (+5.0%)
• MEDANTA: ₹1252 (+4.8%)
• BERGEPAINT: ₹500 (+3.4%)
• MUTHOOTFIN: ₹2176 (+2.4%)
• SHRIRAMFIN: ₹644 (+2.0%)

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.