MOMENTUM MANTRA DAILY RUN-UP 📅 09 June 2026
MOMENTUM MANTRA DAILY RUN-UP
📅 09 June 2026
🔔 Opening View
Indian markets are likely to open on a flat-to-negative note today, with GIFT Nifty trading near 23,152, down around 23 points (-0.10%). Mixed global cues and cautious investor sentiment may keep markets range-bound in early trade. 📉📊
📉 Market Recap
Indian equity benchmarks ended lower as investors reacted to the RBI’s downward revision in FY27 growth projections and a higher inflation forecast. Sentiment remained subdued amid foreign fund outflows and global uncertainties.
🌍 Global Cues
🇺🇸 Dow Jones: ▼ 0.16% | 🇺🇸 S&P 500: ▲ 0.30% | 🇺🇸 Nasdaq: ▲ 0.86% | 🇺🇸 Russell 2000: ▲ 0.77%
📈 U.S. markets ended mixed, with technology stocks supporting gains in the Nasdaq and S&P 500 ahead of key U.S. inflation data.
🛢️ Crude oil slipped below $91 per barrel as hopes of easing Middle East tensions improved after Iran and Israel agreed to halt attacks, boosting expectations of renewed peace talks. 📉
🌏 Asian markets traded mostly higher, led by gains in Japan, Singapore, and China, while Hong Kong's Hang Seng remained slightly under pressure. 📈
📈 Nifty Key Levels
▪️ Support: 23,100 | 23,000
▪️ Resistance: 23,300 | 23,400
💰 FII/DII Flow
▪️ FII: -₹8,776.25 crore
▪️ DII: +₹9,133.57 crore
📊 Options Positioning
▪️ PCR: 0.65 (Bearish) – Indicates aggressive Call writing and cautious sentiment, though oversold conditions may trigger short-covering near support levels. 📉↗️
▪️ Resistance: 23,300–23,400 zone, with significant Call OI buildup at 23,300, 23,400, and 23,500.
▪️ Support: 23,000–23,100 zone, with strong Put OI concentration at 23,000 and 22,950.
🏭 Sectoral Outlook
🟢 Pharma – Buy on Dips
🟢 Healthcare – Buy on Dips
🟢 Metal – Buy on Dips
🟢 Energy – Buy on Dips
🟡 Auto – Accumulate
🔴 Realty – Avoid Fresh Longs
🚫 F&O Ban List
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