MOMENTUM MANTRA DAILY RUN-UP *22 June 2026*

MOMENTUM MANTRA DAILY RUN-UP *22 June 2026* *Opening View* Indian markets are likely to open on a positive note today, with *GIFT Nifty trading near 24,117, up around 60 points (+0.25%)*. Supportive global cues and improving risk sentiment may aid buying interest in early trade, while traders continue to monitor geopolitical developments, crude oil prices, and institutional flows. Market Recap Nifty opened weak on IT selling pressure but recovered sharply in the final hour, led by Reliance, to close above *24,000* despite a volatile session. 📊📈 Global Cues *U.S. Holiday:* U.S. markets remained closed on Friday in observance of *Juneteenth National Independence Day*. *U.S. Futures:* Dow Futures ▼0.30% | Nasdaq Futures ▼0.50% | S&P 500 Futures ▼0.46% U.S. index futures traded lower, indicating a cautious start to the week amid risk-off sentiment. Asian markets traded mixed, with strong gains in Japan boosting regional sentiment, while Hong Kong, China, and Singapore remained under pressure amid cautious investor positioning. 📊🌏 *Nifty Key Levels* ▪️ Support: *23,900 | 23,850* ▪️ Resistance: *24,150 | 24,250* *FII/DII Flow* ▪️ FII: *+₹4,859.07 crore* ▪️ DII: *-₹1,159.64 crore* Options Positioning ▪️ *PCR: 0.78 (Neutral to Bearish)* – Indicates relatively higher Call writing compared to Put writing, suggesting cautious sentiment and resistance at higher levels. 📉 ▪️ Resistance: *24,000–24,100* zone, with highest Call OI at *24,000* followed by *23,500*. ▪️ Support: *23,900–23,800* zone, with notable Put OI concentration at *24,000* and *23,900*. ▪️ *Max Pain:* *24,000*. 📊 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 For informational purposes only. Not investment advice.