Absolute Analytics Channel

CGPower Sl close of spot above 835 Target 825 spot

Bought @27.1

CGPower 840PE May

Good morning

Booked Gold @152950

Adding CGPower 850PE May in watchlist

T1 Xauusd almost done. 4686 low.

Target in Xauusd 4680, 4672

Risk: high keeping the unrest in the market Exit point when Xauusd close above $4710

Sold GoldM @153142 June

OFSS Target 446 done Booked profits @474

*AA MARKET PULSE | 12 MAY 2026* • GIFT Nifty at 23,722 indicating a mildly negative opening for Indian markets amid cautious global sentiment • Global markets remain stable. Dow up 0.19%, S&P up 0.19%, Nasdaq up 0.10%, Wall Street holding firm but lacking strong momentum • Dollar Index at 98.13, up 0.20%, continued dollar strength may keep pressure on emerging market currencies and foreign flows • Gold elevated at ₹1,53,663, Silver sharply higher at ₹2,78,311, Crude firm at ₹9,376, commodities continue signalling inflation and geopolitical concerns • FII sold ₹8,437.56 crore marking aggressive foreign institutional outflows and a significant rise in selling pressure • DII bought ₹5,939.65 crore providing domestic support, though insufficient to fully offset heavy FII selling • Rising crude prices and rupee weakness remain key macro concerns for Indian equities in the near term *Market View* • Mildly negative opening expected as weak GIFT Nifty combines with elevated crude oil prices and persistent foreign selling pressure • Heavy FII outflows above ₹8,400 crore indicate risk-off positioning from global investors despite stable US markets • DII participation remains supportive and could help limit deeper downside during intraday volatility • Commodity-linked sectors, oil-sensitive businesses, and rate-sensitive stocks may remain under pressure if crude sustains higher levels • Jewellery stocks likely to stay volatile after recent sharp correction triggered by PM Modi’s comments on gold buying *Overall Sentiment* The market enters today’s session with a cautious undertone. While US markets remained stable overnight, the combination of rising crude prices, a stronger dollar, rupee weakness, and aggressive FII selling creates pressure on domestic sentiment. Strong DII buying continues to provide support underneath the market, preventing panic-driven weakness. However, volatility is expected to remain elevated, with traders likely focusing on stock-specific opportunities and defensive positioning until foreign flows stabilize.

Good morning

Carried forward OFSS

OFSS Overbought and below last week’s low price. Targets 9035 with key supports at 9200 and 9126

Tatasteel and Naukri on watchlist Tata for a sell side and Naukri for buy side.

Holding ofss It is bearish this entire week till 9126 spot price

Resistance 9258

Adding Tatasteel 210PE May in watchlist

Target 446 SL 395