Absolute Analytics Channel

Gap down in CGPower which has skipped the entry level for PE. Now will be waiting for a pullback as this is under formation of a Head&Shoulder pattern which will give another opportunity to enter this setup.

Booked profit in Nifty @380

T1 done in Nifty

Target 375

Bought 23300CE @350 SL ORB low

Liquidity sweep in Nifty

Adding Nifty 23400PE May, and Nifty 23300CE May to the watchlist Liquidity sweep will decide the day’s trend. Based on that will be entering the setup

Banknifty ORB between 53308.40 and 52919.90

Nifty ORB defined between 23494.60 and 23363.05

No trades till 10:30

*AA MARKET PULSE | 18 MAY 2026* • GIFT Nifty at 23,590.5, down 0.64%, signals a weak opening for Indian markets as global risk sentiment turned sharply negative overnight • US markets witnessed heavy selling pressure. The Dow fell 1.07% to 49,526.17, while the S&P 500 declined 1.24% to 7,408.50 and the Nasdaq dropped 1.54% to 26,225.15, reflecting broad-based risk-off sentiment across global equities • Dollar Index at 99.34 remains firm above the key 99 mark, continuing to pressure emerging market currencies and impacting foreign fund sentiment • Gold at ₹1,58,547 and Silver at ₹2,71,886 remained elevated as investors shifted toward safer assets amid rising market uncertainty • Crude oil climbed further to ₹10,080, keeping inflation concerns active and increasing pressure on sectors sensitive to fuel and input costs • FII bought ₹1,329.17 crore, showing selective foreign accumulation despite weak global sentiment • DII sold ₹1,958.82 crore, indicating domestic institutions booked profits amid rising market volatility • Liquid fund inflows hitting a 7-year high reflects increasing investor preference toward safer and low-risk investment avenues amid uncertain market conditions • SBI Ventures’ plans to manage a ₹20,000 crore Maritime Fund could keep shipping, logistics, and infrastructure-related counters in focus • Weak global sentiment, elevated crude prices, and risk aversion may continue to weigh on broader market participation during the session *Market View* • Indian markets are likely to open under pressure following sharp weakness across US indices and negative GIFT Nifty indications • Rising crude oil prices and stronger dollar may keep inflation and currency concerns elevated, limiting aggressive buying interest • Banking and defensive sectors could relatively outperform if volatility increases further during the session • IT stocks may remain under pressure in line with Nasdaq weakness and cautious global technology sentiment • Despite negative global cues, strong FII buying may help cushion deeper downside moves in select large-cap stocks • Traders are expected to remain highly selective and focus on risk management as global uncertainty and volatility rise *Overall Sentiment* The market enters the session with a cautious bearish bias. Sharp weakness across global equities, elevated crude prices, and firm dollar strength are creating pressure on overall sentiment. While strong FII buying offers some support, continued DII selling and growing risk aversion indicate traders are shifting toward safer positioning. Volatility is expected to remain elevated, with participants closely monitoring global market stability, commodity prices, and institutional flows for further direction.

*AU Small Finance Bank — Same pattern, stronger meaning* Again, engulfing pattern. But now the story changes. * Price comes down to a clear support zone (~975) * Then a strong bullish candle completely takes over * Volume increases → real buyers are stepping in * You can see a clear reaction, not just random movement This tells us buyers are actually interested at this level. *So what’s the real difference?* Both charts show “engulfing.” But one is weak, the other has intent. Ambuja: no strong level, no strong participation AU Bank: clear level, clear buying Chart explained here 👇 https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4838

*Ambuja Cement — Looks bearish, but not convincing* Yes, it’s a bearish engulfing. But look at the situation around it. Chart explained here 👇 https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4837

There has been a shift in the market's structure over the last few days. *BIG PICTURE SHIFT* The last few sessions were pure traps. Fake breakouts. Reversals. No follow-through. That phase is changing. What FIIs Are Doing Right Now *For the last few sessions, FIIs were*: • Heavily short on index futures • Aggressively buying options (hedging) → Result: Trap market, no clear direction Now the behaviour is changing. *Latest Shift:* • Index shorts are still there, but are being reduced • Hedging activity has dropped sharply • Strong buying seen in stock futures • BankNifty positioning turning positive This clearly tells that, FIIs are no longer in full defensive mode. They are slowly shifting from protection to participation. But they are not committing to the index direction yet. They are selectively positioning in stocks. Thus, Indices are likely to range with traps, while Stocks are where real opportunities are building. What to do:- • Play RANGE on Index Nifty: Expect trap moves We will use our regular structure: ORB failure + Liquidity sweeps • Focus STOCK-SPECIFIC TRADES Because FIIs are shifting there • Watching BANKNIFTY closely. Options flipped bullish, Futures shorts reduced (If BN sustains above VWAP, an explosive move is possible) • Expect TRAPS. “Retail thinks breakdown and then the market reverses. Stay aligned with structure, not noise.

Booked @250

Target 220, 245

Bought 23750PE 19th may @200 Risky keeping the volatility (also didn't breach the ORB range) Trade based on candle bearish pattern

Adding Nifty 23750PE 19th may in watchlist A short term bearish pattern is detected

That's why we are observing silently and taking careful entries. Stocks in my radar: Crompton OFSS BankIndia Biocon BSE CGPower CoalIndia; and Dalbharat

I’ll be at the desk by 10:30am👍