β€Ή All Posts
Manish Salvi

5th Jun Β· SEBI-Registered Analyst

πŸ“Š MOMENTUM MANTRA DAILY MARKET RUN-UP πŸ“… 05 June 2026

πŸ“Š MOMENTUM MANTRA DAILY MARKET RUN-UP πŸ“… 05 June 2026 πŸ”” Opening View Indian markets are likely to open on a flat-to-positive note today, with GIFT Nifty trading near 23,555, up around 50 points (0.20%). Positive global cues may support sentiment, though investors are expected to remain cautious amid ongoing geopolitical developments and key domestic triggers. πŸ“ˆ πŸ“‰ Market Recap Nifty ended marginally higher after a volatile session, closing above 23,400 with support from banking and heavyweight stocks. The Sensex gained 14 points while Bank Nifty extended its winning streak for a third session, reflecting resilience despite mixed market sentiment. 🌍 Global Cues πŸ‡ΊπŸ‡Έ Dow: β–² 1.73% | Nasdaq: β–Ό 0.09% πŸ›’οΈ Brent Crude: $95.24/bbl ⬇️ 0.22% | WTI Crude: $92.94/bbl ⬇️ 0.11% Oil prices stabilized after sharp declines in the previous session. 🌏 Asian markets traded mixed, with weakness in Japan and Hong Kong offset by gains in Chinese equities. πŸ“ˆ Nifty Key Levels β–ͺ️ Support: 23,250 | 23,150 β–ͺ️ Resistance: 23,470 | 24,590 πŸ’° FII/DII Flow β–ͺ️ FII: -β‚Ή4,447.06 crore β–ͺ️ DII: +β‚Ή4,360.14 crore πŸ“Š Options Positioning β–ͺ️ PCR: 0.96 (Neutral to Bullish) – Indicates a balanced setup with support from Put writers, while traders await a directional trigger. πŸ“ˆ β–ͺ️ Resistance: 23,700–23,800 zone, with highest Call OI at 23,500 followed by 23,800 & 23,700. β–ͺ️ Support: 23,100–23,200 zone, with highest Put OI at 23,000 followed by 23,300. 🏭 Sectoral Outlook 🟒 Pharma – Buy on Dips 🟒 Healthcare – Buy on Dips 🟒 Metal – Buy on Dips 🟒 Energy – Buy on Dips 🟑 Auto – Accumulate πŸ”΄ Realty – Avoid Fresh Longs 🚫 F&O Ban List β–ͺ️ Amber β–ͺ️ Kaynes πŸ“Œ Key Market Triggers β–ͺ️ RBI MPC Outcome Today: RBI's policy decision is due today, with the Street largely expecting the repo rate to remain unchanged. Markets will closely track the central bank's commentary on inflation, liquidity, crude oil risks, and the rupee. πŸ¦πŸ“Š ⚠️ For informational purposes only. Not investment advice.

#IndexStrategies#EquityResearch#Pre-OpeningCommentary#TechnicalViews#FundamentalViews
471 likesΒ·48 comments