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For the Indian Stock Market today i.e. 18 June 2026 The day is going to be very action-packed and strategic. The US Federal Reserve ended on June 17 (US Federal ReserveIn the important meeting of the Central Bank of India, the Central Bank has taken a policy decision of not making any change in the interest rates (Federal Funds Rate), due to which the global markets as well as Indian investors have heaved a sigh of relief. Meanwhile, on the domestic front, Nifty 50 maintained its gains for the fourth consecutive trading session.
Bulls are expected to have the upper hand today due to strong signals from Gift Nifty, softening of Crude Oil due to US-Iran peace agreement and India VIX falling to its lowest level in the last 4 months. Let us understand on the basis of technical and derivatives data (F&O Data) what should be your strategy to catch profitable trades today.
Nifty 50: Bullish momentum strong on technical charts
Nifty 50 has formed a pattern with small shadows both above and below on the daily chart. Bullish Candle Is made. The index has completely destroyed the long-running ‘Lower High-Low’ structure by closing very close to its most important resistance level of 24,100, which is a big sign of the end of the recession phase.
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Moving Average Support: The index remains firmly above its 50-day EMA for the third consecutive session and is now close to the 100-day EMA. All short-term moving averages are curving upward.
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Momentum Indicators: Relative Strength Index (RSI) increased 60.87 Has reached the level of. At the same time, the positive gap between MACD and the signal line has widened, which is evidenced by the rising green histogram bars. This is a sign of an aggressive bullish run in the near future.
Key Levels of Nifty for today:
If the bulls want to take the market towards the major resistance of 24,500 (which is near the 200-day DEMA), then after the opening 24,100 It will be very important to cross the level and sustain above it.
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Pivot Point Resistance: ₹24,107 | ₹24,140 | ₹24,193
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Immediate Support Zone: ₹24,002 | ₹23,969 | ₹23,916 (On the downside, overall zone of Rs 23,900–23,800 will act as a strong base).
Bank Nifty: Signs of continued strength in banking stocks
The Banking Index witnessed a strong gain of 0.5% in the last session and has formed a strong ‘Bullish Candle’ with ‘Lower Shadow’ on the daily timeframe. This symbolizes that at every low level, buyers are pulling the market up. The index managed to close above its April all-time high.
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On the verge of golden crossover: On the charts, the 20-day EMA has crossed above the 50-day EMA, while the 10-day EMA is now on the verge of crossing the 200-day EMA from below.
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Condition of indicators: RSI of Bank Nifty increased 69.15 It has entered the bullish zone and the green histogram bars are continuously getting bigger with a bullish crossover in the MACD, confirming a short-term rally in the banking sector.
Key levels of Bank Nifty for today:
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Pivot based registration: ₹57,646 | ₹57,746 | ₹57,908
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Pivot Based Support: ₹57,323 | ₹57,223 | ₹57,061
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Fibonacci Levels: Next major resistance based on Fibonacci retracement if Bank Nifty crosses pivot levels ₹59,195 and ₹61,678 will be seen on, while there is big positional support on the downside ₹56,617 and ₹55,897 Is located at.
Institutional Investors (FII & DII Fund Flow): All-round buying on both fronts
The biggest positive for the Indian stock market is that large institutional investors, both foreign and domestic, remain net buyers in the market:
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Foreign Institutional Investors (FIIs): In the session of June 17, foreign investors stopped selling in the market. more than Rs 100 crore Made net purchases of Rs.
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Domestic Institutional Investors (DIIs): Domestic funds continued to lend a strong shoulder to the market and during the session Rs 1,561 crore Bulls were put on the front foot by making bumper purchases of shares.
India VIX and Put-Call Ratio (PCR): Investors’ confidence increased
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India VIX falls: India VIX (Volatility Index), which measures market fear and volatility, fell by 1.31%. 13.19 But it is closed. This is its lowest closing level since February 26. This calming down of VIX shows that the atmosphere of uncertainty among traders is ending and bullish confidence is increasing.
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Put-Call Ratio (PCR): Nifty’s PCR, which reflects the mood and sentiment of the market, improved from 1.08 in the previous session. 1.1 Has reached the level of. According to derivatives theory, PCR going above 1 is considered to be strong evidence of short covering and pure bullish sentiment in the market.
F&O Ban Update (Stocks under Ban Period)
The list of securities banned under the derivatives segment (F&O) between wedding season and expiry is as follows:
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Newly included stocks in F&O ban: No New Entrants
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Stock already held in F&O restriction: Kaynes Technology India
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Stocks excluded from the ban: nobody
Special attention will be kept on these stocks today (Stocks to Watch): Today is the weekly expiry of Sensex, due to which volatility may increase in the last hours of the market. In terms of news today RVNL, Lemon Tree Hotels and Lupine There will be a special focus on many big midcap stocks, where huge momentum can be seen due to big block deals or corporate announcements. Before taking any new trade, set your stoploss according to the pivot levels.