MOMENTUM MANTRA DAILY RUN-UP 📅 02 July 2026 🔔 Opening View Indian markets are likely to open on a positive note, with GIFT Nifty trading near 24,180, up around 87 points (+0.36%). Strong global cues and improving risk sentiment may support buying interest in early trade, while the 24,200 zone will be a key level to watch for further momentum. 📈📊 📈 Market Recap Nifty opened on a positive note and extended gains to reclaim the 24,000 mark. The index traded in a narrow range during the second half and ended 0.59% higher, supported by sustained buying and improved market sentiment. 📊 📈 Nifty Key Levels ▪️ Support: 24,020 | 23,950 ▪️ Resistance: 24,150 | 24,250 💰 FII/DII Flow ▪️ FII: -₹1,140.50 crore ▪️ DII: +₹3,159.24 crore 📊 Options Positioning ▪️ PCR: 1.11 (Neutral to Bullish) – Indicates stronger Put writing than Call writing, reflecting improving sentiment and support at lower levels. 📈 ▪️ Resistance: 24,000–24,100 zone, with the highest Call OI at 24,000 and fresh Call writing around 24,000–24,100. ▪️ Support: 23,900–24,000 zone, with notable Put OI concentration and fresh Put additions providing immediate support. ▪️ Max Pain: 24,000 – Suggests Nifty may gravitate around this level ahead of expiry. 📊 ▪️ Interpretation: PCR at 1.11 reflects improving sentiment with fresh Put writing and ongoing short covering. Sustaining above 24,000 could keep the near-term bias positive, while immediate support is placed in the 23,900–24,000 zone. 🏭 Sectoral Outlook 🟢 Bank Nifty – Positive Bias 🟢 PSU Bank – Positive Bias 🟢 Pharma – Positive Bias 🟢 Metal – Constructive 🟢 Energy – Constructive 🟢 Auto – Positive Bias 🟡 Realty – Stock Specific 🚫 F&O Ban List Nil 🚫 STOCKS IN NEWS $ADANIENT $ADANIPOWER $SUZLON 📌 Key Market Triggers 📌 US–Iran Talks: Progress in negotiations continues to support global sentiment and ease concerns over energy supply disruptions. 🌍📉 ⚠️ For informational purposes only. Not investment advice.