MOMENTUM MANTRA DAILY RUN-UP 📅 10 August 2026

MOMENTUM MANTRA DAILY RUN-UP 📅 10 August 2026 🔔 Opening View Indian markets are likely to open on a flat to slightly positive note, with GIFT Nifty trading near 24,662, up 6.50 points (+0.03%). Mixed global cues may keep sentiment cautious, while the 24,650–24,700 zone will remain the immediate resistance area to watch. 📊 📈 Market Recap Indian markets ended lower in a lacklustre session as uncertainty over a potential U.S.–Iran deal and upcoming U.S. jobs data kept investors cautious. 📈 Nifty Key Levels ▪️ Support: 24,430 | 24,350 ▪️ Resistance: 24,650 | 24,780 💰 FII/DII Flow ▪️ FII: +₹480.24 crore ▪️ DII: +₹235.56 crore 📊 Options Positioning ▪️ PCR: 0.89 (Neutral to Bearish) – Call OI exceeds Put OI, indicating a cautious near-term bias. ▪️ Resistance: 24,700–25,000 zone, with the highest Call OI at 25,000, followed by 24,700 and 24,800. ▪️ Support: 24,600–24,500 zone, with strong Put OI concentration at 24,600 and 24,500. ▪️ Max Pain: 24,600 ▪️ Interpretation: PCR at 0.89 indicates a cautious undertone. Nifty needs to sustain above 24,600 to hold the positive structure. A move above 24,700 could trigger buying towards 24,800–25,000, while a break below 24,600 may extend weakness towards 24,500–24,400. Source: NSE India 🏭 Sectoral Outlook 🟢 Bank Nifty – Buy on Dips 🟢 PSU Bank – Buy on Dips 🟢 Metal – Buy on Dips 🟢 Energy – Buy on Dips 🟢 Pharma – Buy on Dips 🟢 Auto – Accumulate 🟡 Realty – Stock Specific 🚫 F&O Ban List

!KAYNES !LICI 📌 Key Market Triggers 📌 U.S. Inflation Watch: Key U.S. inflation data this week could influence expectations for the Fed's September rate decision. 📌 Geopolitical Watch: Developments around the Strait of Hormuz and U.S.–Iran negotiations remain key drivers for crude oil and market sentiment. ⚠️ For informational purposes only. Not investment advice.