MOMENTUM MANTRADAILY RUN-UP 📅 13 July 2026
MOMENTUM MANTRADAILY RUN-UP
📅 13 July 2026
🔔 Opening View
Indian markets are likely to open on a negative note, with GIFT Nifty trading near 24,040, down around 202 points (-0.83%). Weak global cues and escalating geopolitical tensions may weigh on investor sentiment, while the 24,000 zone will remain a crucial support level to watch. 📉📊
📈 Market Recap
After a gap-up opening, Nifty traded in a narrow range throughout the session and settled 1.02% higher, supported by sustained buying interest. The Nifty Midcap 100 outperformed the benchmark, gaining 1.40%, reflecting continued strength in the broader markets. 📊
📈 Nifty Key Levels
▪️ Support: 24,000 | 23,850
▪️ Resistance: 24,230 | 24,300
💰 FII/DII Flow
▪️ FII: +₹2,603.72 crore
▪️ DII: +₹2,019.68 crore
📊 Options Positioning
▪️ PCR: 1.27 (Bullish) – Indicates stronger Put writing than Call writing, reflecting a positive near-term bias. 📈
▪️ Resistance: 24,200–24,300 zone, with fresh Call writing visible around 24,200 and higher strikes.
▪️ Support: 24,100–24,000 zone, with strong Put OI concentration providing immediate support.
▪️ Max Pain: 24,200 – Suggests Nifty may gravitate around this level ahead of expiry. 📊
▪️ Interpretation: PCR at 1.27 reflects healthy Put writing and a bullish undertone. As long as Nifty sustains above the 24,100–24,000 support zone, the positive bias is likely to remain intact. A decisive move above 24,200–24,300 could trigger further short covering and extend the upmove.
🏭 Sectoral Outlook
🟢 Bank Nifty – Positive Bias
🟢 PSU Bank – Positive Bias
🟢 Pharma – Positive Bias
🟢 Metal – Constructive
🟢 Energy – Constructive
🟢 Auto – Positive Bias
🟢 Realty – Constructive
🚫 F&O Ban List