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POSITIONAL BUY BFUTILITIES AT 637 SL 609 TGT 700+

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*News Headlines from Business News Agencies :* *Business Standard :* 📝 US Trade Representative Greer to visit India on June 23-24 for talks 📝 Flexible workspace firm IndiQube takes 150,000 sq ft on lease in Chennai 📝 Bharti Airtel shareholders approve ₹28,200 cr Airtel Africa share-swap deal 📝 Dubai property market attracts bargain hunters despite West Asia conflict 📝 Only 3% of India's end-of-life vehicles scrapped in three years: NITI Aayog 📝 Foodstories raises ₹50 crore in funding round led by Nikhil Kamath 📝 India gets first approved radioligand therapy for prostate cancer 📝 Apollo hospital proposes Shobana Kamineni as Executive Chairperson 📝 LG expects India to remain its largest global AC market by volume 📝 Mumbai's redevelopment pipeline could unlock nearly 59k new homes by 2031 📝 SUVs power record May PV sales; scooters drive highest-ever 2W volumes *Economic Times :* 📝 Hero FinCorp teams up with Salesforce to drive loan processing with Agentforce 📝 Shriram Properties inks joint development pact for 9.1-acre land in Bengaluru 📝 SBI revises FCNR(B) interest rates up to 5.75% 📝 K2 Infragen bags Rs 158.58 crore railway electrification order from Konkan Railway 📝 Global drugmakers rush to boost US presence as tariff threat looms 📝 India's unemployment rate rises to 5.5% in May 📝 Maruti Suzuki introduces prepaid smart maintenance plan 📝 Novartis India launches Pluvicto for prostate cancer treatment 📝 Mercedes-Benz launches S-Class plug-in hybrid in India 📝 India's Electronics Mart eyes new markets as tech hubs fear job losses 📝 DBS optimistic about India’s long-term structural growth: Chief says country must invest in talent; focus on wealth space *Mint :* 📝 India's merchandise exports jump 18% in May; trade deficit widens to $28.21 billion 📝 Wholesale inflation surges to 9.68% in May over sharp rise in crude oil prices 📝 Arun Misra set to take over as Vedanta group CEO amid demerger push 📝 Razorpay confidentially files draft paper for IPO, looks to raise $600 million 📝 Sebi board to speed up AIF launches, bring back open-market buybacks this week 📝 Auto stocks rise up to 5% after the release of May SIAM data 📝 India's pharma industry sees hope after US, Iran agree to end war 📝 Bharat Forge's Arm unveils MArG Series Of 155mm 4×4 Mounted Artillery Guns At Eurosatory 2026 📝 IPO-bound InMobi bets on AI-powered ads 📝 India’s LNG carrier Disha safely exits Strait of Hormuz after US-Iran Peace Deal
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POSITIONAL JK Tyre & Industries Ltd Buy  395  - 390 Stop Loss 350 Target 450 480 Holding Period -  1 -2 Months
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Intraday Buy MINDTECK cmp 214.17 Targets 217-222-226 Sl  211
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Buy DEN above 28.4  SL 27 Target 32
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5 day delivery BUY UNIONBANK BETWEEN 171-173 SL 166 TGT 182
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Intraday Buy TIMEX cmp 498 Targets 501 507 513 519 Sl 493
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5 day delivery BUY BHEL 385 Stop Loss 377 Target 395 405
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BTST Buy JUBLFOOD above 431.7 SL 423  Target 452 
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📊 Market Update Good morning, Investors! ☀️ 🟢 Market Recap • Nifty surged 461 pts to close at 23,623, above the 20-day EMA after 11 sessions • Index gained 1.1% for the week, snapping a two-week losing streak • Brent crude fell below $90, its lowest level in 15 weeks 🌍 Global Cues • US markets ended higher on easing Middle East tensions and lower crude prices • Dow +353 pts | S&P 500 +37 pts • Global sentiment remains bullish 🔔 Today’s Outlook • GIFT Nifty around 23,980 → indicating a gap-up opening • Short-term trend: Bullish • Trend turns bearish only below 23,200 📊 Key Levels • Nifty: Support 23,500 | Resistance 23,850 • Bank Nifty: Support 56,500 | Resistance 57,450 💰 FII Activity • Cash Market: Net sellers ₹1,082 Cr • Futures: Bullish • Options: Bullish 👉 Mixed FII data suggests volatility ahead 🎯 Sector Watch Bullish: Realty, Capital Markets, Banks & Financials Weakness: IT & CPSE 📰 Key Developments • Iran's draft US deal includes sanctions relief and reopening of the Strait of Hormuz • Israel conducted a strike on a Hezbollah target in Beirut • PM Modi and Trump are set to meet at the G7 Summit on June 17 • US warned against violations involving Iranian oil shipments through Hormuz • All 14 crew members of Indian vessel Virat 1 rescued off Oman • India has adequate fertiliser stocks despite West Asia tensions ⚠️ Disclaimer: Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.
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POSITIONAL BUY AUBANK AT 982 SL 947 TGT 1080+
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POSITIONAL BUY AGI AT 635 SL 613 TGT 740+
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BTST Buy DHANBANK above 32.05 SL 30.4, Target 36
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BUY GOLD M 148000 CE AT 2730-2670 SL BELOW 2250 TARGET 3400-3800
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POSITIONAL / SWING CALL Ashok Leyland Ltd Buy 145 CMP 145 Stop Loss 132 Target 65 175 Holding Period 1 - 2 Months
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BTST Buy DHANBANK above 32.05 SL 30.4, Target 36
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Intraday Buy Jagsonpal Pharmaceutical/ JAGSNPHARM cmp 217.5 Targets 219-222-225 Sl 214
50
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7 days delivery BUY BIOCON BETWEEN 415-417 SL 402 TGT 440
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5 day delivery BUY NATIONALUM  381.50 Stop Loss 374 Target 393  400
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📊 Market Update Good morning, Investors! ☀️ 🌍 Global Cues • US markets rebounded sharply after Trump called off planned strikes on Iran • Dow +929 pts | S&P 500 +127 pts • Global sentiment remains bullish 🔔 Today’s Outlook • GIFT Nifty around 23,520 → indicating a gap-up opening • Short-term trend: Bearish • Trend turns bullish only above 23,550 📊 Key Levels • Nifty: Support 23,000 | Resistance 23,320 • Bank Nifty: Support 54,860 | Resistance 55,550 💰 FII Activity • Cash Market: Net sellers ₹1,987 Cr • Futures: Bullish • Options: Bearish 👉 Mixed FII positioning suggests volatility ahead 🎯 Sector Watch Bullish: Media, Private Banks & Healthcare Weakness: Defence, IT, Chemicals & Consumer Durables 📰 Key Developments • Trump paused planned strikes on Iran; naval blockade remains in place • ECB raised interest rates by 25 bps amid inflation concerns • World Bank cut 2026 global growth forecast to 2.5% • Vedanta’s demerged entities to start independent trading from June 15 • Govt’s ₹46,000 Cr coal gasification scheme aims to boost energy growth • Astral Chemie to acquire a 60% stake in DSS ⚠️ Disclaimer: Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.
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