Global Markets

US markets ended lower (Dow Jones: -232)

Dow future is trading lower (-40 points)

Asian markets are trading on mixed note

SGX Nifty: -26 points

Data Analysis

Cash Market                                            F&O

FII : +1715cr                                            Nifty PCR: 1.13 vs 1.13

DII : -655cr                                              Highest OI (15-June-23):

Net : +1060cr                                        18900CE & 18700PE

Technical Outlook

Nifty (Spot)

• Positively skewed Nifty is currently stabilising, and this trend may continue today.
• While 18780 poses an immediate challenge, 18660 offers instant help.
• The following resistance and support levels are 18888 and 18580, respectively.

Bank Nifty (Spot)

• Banknifty is underperforming and might do so even more today.
• An immediate support level is 43800, and the following support level below is 43450.
• On the plus side, 44200 is a quick obstacle.