IGI Logo

Published on 19-06-2026 10:17 am

Sensex Technical Outlook

Sensex (CMP : 77409) Sensex support is at 76800 then 76500 zones while resistance at 77700 then 78000 zones. Now if it hold below 77500 zones weakness can be seen towards 76800 then 76500 zones while hurdles are seen at 77700 and then 78000.

Click Here :- https://tinyurl.com/48ccndyv

For More Motilal Oswal Securities Ltd Disclaimer http://onlinetrade.motilaloswal.com/emailers/Disclaimer3.html SEBI Registration number is INH000000412

Published on 19-06-2026 10:17 am

Nifty Technical Outlook

NIFTY (CMP : 24618 ) Nifty immediate support is at 24000 then 23800 zone while resistance at 24300 then 24444 zones. Now if it hold below 24200 zones weakness can be seen towards 24000 and then 23800 while hurdles are seen at 24300 then 24444 zones.

Click Here :- https://tinyurl.com/48ccndyv

For More Motilal Oswal Securities Ltd Disclaimer http://onlinetrade.motilaloswal.com/emailers/Disclaimer3.html SEBI Registration number is INH000000412

Published on 19-06-2026 10:12 am

Comments:

Nifty weekly contract has the highest open interest at 24500 CE and 24000 PE while monthly contracts have the highest open interest at 25000 CE and 24000 PE. The highest OI addition was seen at 24500 CE and 24100 PE in weekly and at 25000 CE and 24100 PE in monthly contracts. FIIs increased their future index long holdings by 2.53%, decreased future index shorts by 0.83% and in index options, 10.00% increase in Call longs, 6.03% increase in Call short, 3.93% increase in Put longs and 9.81% increase in Put shorts

Click Here :- https://tinyurl.com/4dvwztv2

Please refer disclaimer at www.geojit.comSEBI Registration number is INH200000345

Published on 19-06-2026 10:10 am

Nifty Outlook

Despite the volatility, the upswing evolved on anticipated lines. The 24200 objective is still in play, with 24300-600 also continuing to be in the radar. However, inability to float 24100 could signal weakness, but a collapse may not unfold unless below 23800.

Click Here :- https://tinyurl.com/4ds792n8

Please refer disclaimer at www.geojit.comSEBI Registration number is INH200000345

Published on 19-06-2026 10:09 am

Nifty

Nifty 50 has witnessed a decisive breakout from a declining channel, supported by a bullish gap near the 23800 zone, which is expected to act as a strong support in the near term. The index has also reclaimed the crucial 24000 mark, indicating improving sentiment and potential for further upside, provided it sustains above this level. Momentum indicators remain supportive, with RSI trending above 60 and DMI strengthening, suggesting a continuation of the positive bias. Immediate resistance is placed around 24400, followed by 24750 in the coming sessions. However, the 24000–24050 zone remains a critical supply area, and sustained trading above this band could trigger short covering, accelerating the up move. On the downside, 23840 (50 DEMA) along with the gap zone near 23900 serves as key support. A breach below this level may weaken the current bullish structure and lead to consolidation. Overall, the outlook remains cautiously optimistic with a buy-on-dips approach even to be deployed during the day, as long as the index holds above the 23900 (5 DEMA) support zone.

Click Here :- https://tinyurl.com/4tkpj6v7

Please refer disclaimer at https://www.tradebulls.in/disclaimerSEBI Registration number is INZ000171838