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Manish Salvi

9th Jun ยท SEBI-Registered Analyst

MOMENTUM MANTRA DAILY RUN-UP ๐Ÿ“… 09 June 2026

MOMENTUM MANTRA DAILY RUN-UP ๐Ÿ“… 09 June 2026 ๐Ÿ”” 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. ๐Ÿ“‰๐Ÿ“Š ๐Ÿ“‰ Market Recap Indian equity benchmarks ended lower as investors reacted to the RBIโ€™s downward revision in FY27 growth projections and a higher inflation forecast. Sentiment remained subdued amid foreign fund outflows and global uncertainties. ๐ŸŒ Global Cues ๐Ÿ‡บ๐Ÿ‡ธ Dow Jones: โ–ผ 0.16% | ๐Ÿ‡บ๐Ÿ‡ธ S&P 500: โ–ฒ 0.30% | ๐Ÿ‡บ๐Ÿ‡ธ Nasdaq: โ–ฒ 0.86% | ๐Ÿ‡บ๐Ÿ‡ธ Russell 2000: โ–ฒ 0.77% ๐Ÿ“ˆ U.S. markets ended mixed, with technology stocks supporting gains in the Nasdaq and S&P 500 ahead of key U.S. inflation data. ๐Ÿ›ข๏ธ 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. ๐Ÿ“‰ ๐ŸŒ Asian markets traded mostly higher, led by gains in Japan, Singapore, and China, while Hong Kong's Hang Seng remained slightly under pressure. ๐Ÿ“ˆ ๐Ÿ“ˆ Nifty Key Levels โ–ช๏ธ Support: 23,100 | 23,000 โ–ช๏ธ Resistance: 23,300 | 23,400 ๐Ÿ’ฐ FII/DII Flow โ–ช๏ธ FII: -โ‚น8,776.25 crore โ–ช๏ธ DII: +โ‚น9,133.57 crore ๐Ÿ“Š Options Positioning โ–ช๏ธ PCR: 0.65 (Bearish) โ€“ Indicates aggressive Call writing and cautious sentiment, though oversold conditions may trigger short-covering near support levels. ๐Ÿ“‰โ†—๏ธ โ–ช๏ธ Resistance: 23,300โ€“23,400 zone, with significant Call OI buildup at 23,300, 23,400, and 23,500. โ–ช๏ธ Support: 23,000โ€“23,100 zone, with strong Put OI concentration at 23,000 and 22,950. ๐Ÿญ Sectoral Outlook ๐ŸŸข Pharma โ€“ Buy on Dips ๐ŸŸข Healthcare โ€“ Buy on Dips ๐ŸŸข Metal โ€“ Buy on Dips ๐ŸŸข Energy โ€“ Buy on Dips ๐ŸŸก Auto โ€“ Accumulate ๐Ÿ”ด Realty โ€“ Avoid Fresh Longs ๐Ÿšซ F&O Ban List โ–ช๏ธ $AMBER โ–ช๏ธ $KAYNES โš ๏ธ For informational purposes only. Not investment advice.

#Pre-OpeningCommentary#FundamentalViews#TechnicalViews#EquityResearch#TrendingSectors
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