2026-06-23 09:28:32 am | Source: Religare Broking Ltd
Daily Derivative Report - 23th June 2026 by Religare Broking Ltd
Market Outlook
The Indian market started the week on a positive note, with the Nifty 50 opening gap-up and gradually advancing to retest the crucial 100-DEMA zone. However, the index failed to surpass this resistance level and eventually settled the session with gains of 0.37%. On the derivatives front, OI data indicated continued put writing at the 24,000 strike and call writing at the 24,200 strike, suggesting immediate support and resistance levels, respectively. Overall, the positive bias remains intact in the benchmark indices, supported by a buy on dip approach among market participants.
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