MOMENTUM MANTRA DAILY RUN-UP π 12 June 2026 π Opening View Indian markets are likely to open on a strong positive note today, with GIFT Nifty trading near 23,444, up around 244 points (+1.05%). Positive global cues and improved risk sentiment are expected to support buying interest, though investors may remain watchful of ongoing geopolitical developments. π 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.βIran tensions, keeping investor sentiment cautious. π Global Cues πΊπΈ Dow: β² 1.86% | Nasdaq: β² 2.54% | S&P 500: β² 1.75% π U.S. markets rallied sharply, with technology stocks leading gains as easing concerns over U.S.βIran tensions and optimism ahead of SpaceX's IPO boosted investor sentiment. ππ π Asian markets traded sharply higher, led by strong gains in South Korea, Japan, Hong Kong, and Taiwan, as improved global risk sentiment boosted buying across regional equities. ππ π’οΈ Crude oil fell toward $86 per barrel, hitting a near two-month low as hopes of a potential U.S.βIran peace agreement eased concerns over global oil supply disruptions. π π Nifty Key Levels βͺοΈ Support: 23,070 | 23,980 βͺοΈ Resistance: 23,260 | 23,360 π° FII/DII Flow βͺοΈ FII: -βΉ1,987.09 crore βͺοΈ DII: +βΉ4,224.51 crore π Options Positioning βͺοΈ PCR: 0.92 (Neutral to Bullish) β Indicates improving sentiment with balanced positioning, while strong Put writing may provide support at lower levels. π βͺοΈ Resistance: 23,200β23,300 zone, with significant Call OI buildup at 23,200 and 23,300. βͺοΈ Support: 23,000β23,100 zone, with strong Put OI concentration at 23,000 and 22,950. π Sectoral Outlook π’ Pharma β Buy on Dips π’ Healthcare β Buy on Dips π’ Metal β Buy on Dips π’ Energy β Buy on Dips π‘ Auto β Accumulate π΄ Realty β Avoid Fresh Longs π« F&O Ban List $KAYNES β οΈ For informational purposes only. Not investment advice.
Popular topics to explore
#IndexStrategies#EquityResearch#Pre-OpeningCommentary#TechnicalViews#FundamentalViews
915 likesΒ·70 comments

















