MOMENTUM MANTRA DAILY RUN-UP 23 June 2026

MOMENTUM MANTRA DAILY RUN-UP 23 June 2026 Opening View Indian markets are likely to open on a *flat-to-negative note, with **GIFT Nifty trading near 24,100, down around 24 points (-0.10%)*. Mixed global cues and cautious investor sentiment ahead of key market triggers may keep indices range-bound, while traders continue to monitor institutional flows, crude oil prices, and global developments. Market Recap Nifty traded in a range-bound session after a gap-up opening, taking support near 24,050 and facing resistance around 24,170. The index closed at 24,102.90, supported by strength in Pharma and Healthcare stocks. Global Cues Dow: ▲ 0.29% | Nasdaq: ▼ 1.33% | S&P 500: ▼ 0.37% U.S. markets ended mixed, with weakness in mega-cap technology stocks weighing on the S&P 500 and Nasdaq, while the Dow gained on optimism surrounding progress in U.S.–Iran peace talks and easing energy prices. Asian markets traded broadly lower, with weakness across Japan, Hong Kong, China, and Shenzhen, reflecting cautious investor sentiment amid global growth concerns and uncertainty over the interest rate outlook. Nifty Key Levels ▪️ Support: 24,000 | 23,900 ▪️ Resistance: 24,170 | 24,250 FII/DII Flow ▪️ FII: -₹635.91 crore ▪️ DII: +₹1,035.72 crore Options Positioning ▪️ PCR: 0.88 ▪️ Resistance: 24,100–24,200 zone, with highest Call OI at 24,100 followed by 24,000. ▪️ Support: 24,000–23,900 zone, with strong Put OI concentration around 24,000 and lower strikes. ▪️ Max Pain:24,100 – Suggesting Nifty may gravitate around this level ahead of expiry. ▪️ View: Nifty continues to trade above the crucial 24,000 mark. Sustaining above 24,100 could lead to a move towards 24,200–24,300, while a break below 24,000 may trigger profit booking towards 23,900. 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.