MOMENTUM MANTRA DAILY RUN-UP 📅 11 June 2026
MOMENTUM MANTRA DAILY RUN-UP
📅 11 June 2026
🔔 Opening View
Indian markets are likely to open with a negative bias today, with GIFT Nifty trading near 23,060, down around 180 points (-0.78%). Weak global cues and cautious sentiment amid ongoing geopolitical developments may keep pressure on equities in early trade. 📉📊
📉 Market Recap
Nifty ended flat after a volatile session, as gains driven by optimism over India's export growth were erased in the final hour amid renewed U.S.–Iran tensions, keeping investor sentiment cautious.
🌍 Global Cues
🇺🇸 Dow: ▼1.87% | Nasdaq: ▼1.98% | S&P 500: ▼1.62%
📉 U.S. markets ended sharply lower, with the Dow plunging 953 points and the Nasdaq falling 2%, as rising Middle East tensions, higher oil prices, and renewed weakness in technology stocks weighed on investor sentiment. 📊
📉 Asian markets traded broadly lower, led by losses in Japan, Taiwan, Hong Kong, and South Korea, as risk-off sentiment weighed on regional equities amid rising geopolitical concerns. 📊
🛢️ Crude oil climbed above $91 per barrel as escalating Middle East tensions and continued disruptions in the Strait of Hormuz heightened concerns over global oil supplies. 📈
📈 Nifty Key Levels
▪️ Support: 23,150 | 23,080
▪️ Resistance: 23,280 | 23,350
💰 FII/DII Flow
▪️ FII: -₹2,124.98 crore
▪️ DII: +₹3,123.95 crore
📊 Options Positioning
▪️ PCR: 0.82 (Neutral to Bearish) – Indicates cautious sentiment, though improving Put support may help limit downside pressure. 📉↗️
▪️ Resistance: 23,300–23,400 zone, with significant Call OI buildup at 23,250 and 23,300.
▪️ 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