Nifty 50 opened with a considerable gap-up at 23,985 today versus last week’s close of 23,623. The index is now hovering around 23,950, up about 1.4 per cent.The advance/decline ratio of the index is now 46/4, showing a strong positive bias. Shriram Finance, up 4 per cent, and InterGlobe Aviation, up 3.8 per cent, are the top gainers.On the other hand, Cipla and Apollo Hospitals Enterprise, down 0.8 and 0.5 per cent respectively, are the top losers. Most of the sectoral indices have advanced in today’s early trade, indicating a broad-based buying. Nifty Realty and Nifty Financial Services Ex-Bank, up 2.5 per cent each, are the top gainers. Nifty Pharma and Nifty Midsmall Healthcare are the weakest sectors so far today by losing 0.3 per cent each.A strong opening today on the back of the improved confidence in the market as the US-Iran appear to be close to signing a deal is likely to keep Nifty 50 and Nifty futures in the green today. There is a chance for further gains.Nifty 50 futuresThe June expiry Nifty futures began today’s session higher at 23,974 versus Friday’s close of 23,687. It is now trading at 23,950, up 1.1 per cent.After opening with a gap-up, the contract has moderated slightly. This could go further where Nifty futures can dip to 23,850. But then, as it slips, we expect fresh buyers to come in. Therefore, we expect Nifty futures to rally further, either from the current level of 23,950 or after a minor fall to 23,850. Once the rally resumes, the upside may extend to 24,150.However, if Nifty futures slips below 23,850, the downtick can extend to 23,800 and not beyond that.Trading strategyBuy Nifty futures (Jun) at 23,900. Target and stop-loss can be 24,150 and 23,780 respectively. In case neither target nor stop-loss is triggered today, traders can consider carrying the position for tomorrow.Supports: 23,850 and 23,800Resistance: 24,150 and 24,500Published on June 15, 2026