Absolute Analytics Channel

Original post: https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/5022

Gapdown in HAL Projected target for BTST in options at 157, 199

*AA MARKET PULSE | 02 JUNE 2026* *Opening:* GIFT Nifty at 23,270 — weak start expected *Key Highlights* • US markets closed marginally higher (Dow, S&P, Nasdaq) • ⁠FII sold ₹3,912 cr | DII bought ₹5,109 cr • ⁠Crude at ₹8,736 | DXY firm ~99.20 • ⁠Rupee near ₹95/USD — pressure on imports *Strong Sectors* • *IT* — Nifty IT at highest since April; rupee weakness + AI optimism • ⁠*Pharma* — Defensive buying continues • ⁠*Industrials* — Capex & infra theme intact *Weak Sectors* • *Auto* due to Crude price and monsoon concerns • ⁠*FMCG* amid Margin pressure and rural demand risk • ⁠*Oil & Energy*: Elevated crude headwind • ⁠*Metals* coz of Global demand concerns *Key Risks to Watch* • FII:- ₹56,000 cr sold in May • Crude above $90/bbl • Below-normal monsoon forecast (IMD) • RBI policy commentary this week • MUFG $250M India startup fund which is a positive signal *Overall Bias:* Cautiously Bearish _DII support + IT strength providing a floor. Staying selective:- looking for IT, Pharma & Industrials. Avoiding Auto, Energy & Metals._

Good morning

HAL 4300PE June BTST Bought @141

Booked Nifty @92

For a quick scalp Bought Nifty 23400PE 2nd June @78 Very risky. Avoid if having small cap Target 23340-350 in spot

Booked Nifty @182

Those who don’t want to risk further can book at cmp 180 Nifty

Nifty target in option around 185-188 In spot 23410-23400

Bought Nifty 23600PE @155 2nd June

Nifty breached the weekly range support. Now next few candles will decide the bias. If there’s liquidity pool detected, 23500CE will be in action. Else on retest of 23570 spot, 23600PE will be considered. Observing the structure.

@127.40

Booked HAL

Booked early TMPV @15.55

This line (4260) is the resistance for HAL Breaching this line will be exit point for this Chart explained here https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/5011

HAL stop below 130 Not holding this stock for longer stops.

TMPV is losing momentum. Might be closing this early

HAL In spot around 4180

HAL targets 153-156