Daily Derivative Report - 29th June 2026 by Religare Broking Ltd
Market Outlook
The Indian market maintained its gradual upward momentum during the previous week. On Friday, the benchmark Nifty 50 index witnessed a breakout above the crucial 100-DEMA hurdle and extended its gains towards the 24,250 mark. However, the index failed to sustain at higher levels, leading to profit booking during the latter half of the session, and eventually settled the day as well as the week on a flat note. From the derivatives prospective, major put writing remain aligned with the 23,900 and 24,000 strikes, indicating immediate support levels, while call writing at the 24,200 strike suggests an immediate overhead resistance zone.
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