Momentum Mantra DAILY RUN-UP 📅 27 July 2026

Momentum Mantra DAILY RUN-UP 📅 27 July 2026 🔔 Opening View Indian markets are likely to open on a positive note, with GIFT Nifty trading near 23,946, up 139.00 points (+0.58%). Positive global cues and value buying after recent declines may support sentiment, while the 23,900–24,000 zone will remain a key resistance area to watch. 📈 📈 Market Recap Nifty ended lower for the fifth consecutive session. After a gap-down opening, the index slipped below the 23,650 mark before strong buying interest around 23,600 triggered a sharp recovery. However, Nifty traded in a narrow range thereafter and eventually closed 0.43% lower. 📊 📈 Nifty Key Levels ▪️ Support: 23,920 | 23,830 ▪️ Resistance: 24,080 | 24,140 💰 FII/DII Flow ▪️ FII: -₹3,892.77 crore ▪️ DII: +₹5,453.55 crore 📊 Options Positioning ▪️ PCR: 0.83 (Bearish) – Higher Call OI than Put OI indicates a cautious to bearish near-term outlook. ▪️ Resistance: 24,000–24,200 zone, with the highest Call OI concentration at 24,000 and 24,200. ▪️ Support: 23,800–23,500 zone, backed by strong Put OI concentration, with the strongest support at 23,800 and 23,500. ▪️ Max Pain: 23,900 – Suggests Nifty may gravitate around this level ahead of expiry. ▪️ Interpretation: PCR at 0.83 reflects a bearish undertone, with Call writers maintaining control above 24,000. As long as Nifty remains below 24,000, upside is likely to remain capped. A sustained move above 24,000 could trigger short covering towards 24,200, while a break below 23,800 may extend the decline toward 23,600–23,500. 🏭 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 🟡 Realty – Stock Specific 🚫 Stocks in NEWS $INDOTHAI $LAURUSLABS $SWELECTES $PRECAM $HINDZINC ⚠️ For informational purposes only. Not investment advice.