📊 Daily Market Analysis
1️⃣ FIIs Activity
FIIs have bought ₹2,200+ Cr in the cash market. In F&O, they have reduced net index call shorts and turned net call buyers, indicating reduced bearishness and improving sentiment.
2️⃣ Global Sentiment
Global markets remain in a strong bull run. The US Dow Jones is making fresh lifetime highs, while other developed markets continue to trade with positive momentum.
3️⃣ Market Structure (Charts & Data)
Markets look technically strong. PCR stands near 1.05, and FIIs’ index long-short ratio is still around 23, suggesting room for further upside from current levels.
4️⃣ Key Levels to Watch
Nifty: Support 25,700 | Resistance 26,100
Bank Nifty: Support 60,100 | Resistance 61,400
5️⃣ Our Stance
Stay focused and disciplined. Continue to accumulate quality stocks on every dip with strict stop-loss, as momentum remains positive.