MOMENTUM MANTRA DAILY RUN-UP 📅 10 June 2026
MOMENTUM MANTRA DAILY RUN-UP
📅 10 June 2026
🔔 Opening View
Indian markets are likely to open on a mildly negative note today, with GIFT Nifty trading near 23,267, down around 64 points (-0.27%). Mixed global cues and cautious investor sentiment may keep markets range-bound in early trade. 📉📊
📉 Market Recap
Nifty gained 0.52% in the previous session, closing at 23,242, as easing geopolitical tensions and a stronger rupee supported broad-based buying despite continued FII outflows.
🌍 Global Cues
🇺🇸 Dow: ▲ 0.17% | Nasdaq: ▼ 0.97% | S&P 500: ▼ 0.26%
📉 U.S. markets ended mixed, with weakness in semiconductor stocks dragging the Nasdaq and S&P 500 lower, while gains in financial and healthcare stocks helped the Dow Jones close in positive territory. 📊
📉 Asian markets traded broadly lower, led by losses in Japan, China, and Hong Kong, as cautious sentiment weighed on regional equities. 📊
🛢️ Crude oil remained under pressure, with WTI trading near $89.05/bbl and Brent near $92.36/bbl, as easing Middle East tensions reduced supply disruption concerns. 📉
📈 Nifty Key Levels
▪️ Support: 23,050 | 22,980
▪️ Resistance: 23,355 | 23,450
💰 FII/DII Flow
▪️ FII: -₹4,566.03 crore
▪️ DII: +₹6,159.48 crore
📊 Options Positioning
▪️ PCR: 0.82 (Neutral to Bearish) – Indicates cautious sentiment, though improving Put support may help limit downside pressure. 📉↗️
▪️ Resistance: 23,400–23,500 zone, with highest Call OI at 23,500 followed by 23,200.
▪️ Support: 23,000–23,200 zone, with highest Put OI at 23,200 followed by 23,000.
🏭 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