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*