MOMENTUM MANTRA DAILY RUN-UP 19 June 2026

MOMENTUM MANTRA DAILY RUN-UP 19 June 2026 *Opening View* Indian markets are likely to open on a negative note today, with *GIFT Nifty trading near 23,996, down around 197 points (-0.81%)*. Weak global cues and cautious investor sentiment may keep pressure on equities in early trade, while traders remain focused on geopolitical developments and global market trends. *Market Recap* Nifty extended its rally for a fifth consecutive session, supported by optimism over the U.S.–Iran peace agreement, as improved global risk sentiment helped keep investors constructive throughout the session. *Global Cues* 🇺🇸 *Dow:* ▲ 0.14% | *Nasdaq:* ▲ 1.91% | *S&P 500:* ▲ 1.08% U.S. markets ended higher, led by gains in technology and semiconductor stocks, as optimism over the U.S.–Iran peace agreement and easing energy concerns outweighed the Federal Reserve's hawkish outlook. Asian markets traded mostly lower, as investors remained cautious despite improving global risk sentiment. Nifty Key Levels* ▪️ Support: *24,000 | 24,050* ▪️ Resistance: *24,250 | 24,350* FII/DII Flow ▪️ FII: *-₹1,025.20 crore* ▪️ DII: *+₹3,516.81 crore* Options Positioning* ▪️ *PCR: 1.11 (Bullish)* – Indicates strong Put writing and positive market sentiment, suggesting traders are positioning for further upside. 📈 ▪️ Resistance: highest Call OI at *24,500* followed by *24,200*. ▪️ Support: highest Put OI at *24,000* followed by *24,100*. ▪️ *Max Pain:* *24,100*. 📊 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 *F&O Ban List* $KAYNES *Key Market Triggers* *IT Sector Alert:* Infosys ADR fell 4.5% after Accenture cut guidance, adding pressure on Indian IT stocks amid demand and AI-related concerns. * $RELIANCE AGM Today:* The 49th Annual General Meeting of Reliance Industries is scheduled for *2:00 PM IST* For informational purposes only. Not investment advice.