Absolute Analytics Channel

Holding

Spot target 22465

Risk: moderate

Bought @250 SL below 220 Target 280-90, 310

Adding 22650PE 7th April in watchlist

Bosch Bullish alert! CMP 33040

Before taking any trade Nifty, wait for the morning noise to settle down

Good morning No matter how the market is, let us play our game the way we always do and make our day profitable!

targets for fall are given. Do not hold above ORB range

I’ve to step out for some urgent work and cannot track the chart, hence closing this trade @250 If you are holding keep these price levels in mind: 22325 as resistance R1 R2 and ORB higher price level : 22395 Immediate support 22245

IN10Y at 7.080% and rising. This supports the bearish view for Nifty.

Holding

Bought nifty 22200PE @304 SL 285 Little risky

Adding Nifty 22200PE 7th April in watchlist Nifty at a major technical support 22205-22200 This breach is very crucial. If it is breached, it will continue to fall till 21900 If not, it will rebound till 22500 again.

Adding APLApollo 1880PE April in the watchlist

*Market Pulse – 2 Apr 2026* *Global Drivers* • Global sentiment has turned risk-off again after fresh escalation tone from the US on Iran, bringing uncertainty back into markets.  • Asian markets are trading weak following this, indicating reversal of the previous relief rally.  • Crude oil has spiked back above $104, reversing earlier cooling and again becoming the key macro risk.  • Dollar is strengthening as a safe haven, signalling global capital moving to safety.  *India Macro & Flow* • GIFT Nifty indicates a gap-down start, reacting to weak global cues.  • Nifty previous close: 22,679, after a strong relief rally in the last session. • FIIs sold ~₹8,300+ crore in the last session, showing continued institutional pressure.  • DIIs continue to provide support, but not enough to reverse overall structure. • USD/INR remains elevated, continuing macro headwind. *Stock & Sector Alerts* • Oil-sensitive sectors like Aviation, Paints and Auto likely to face renewed pressure due to crude spike. • Banking and financials remain key for index direction but may stay range-bound under flow pressure. • Metal and commodity-linked stocks may see volatility tracking global price moves. *Cross-Asset Snapshot* • Crude: above $105, rising again  • Gold: supported (risk hedge) • Dollar: strengthening • Equities: global risk-off Execution View (Most Important) • Trend: Bearish • Strategy: Sell on rise, avoid aggressive longs • Key Resistance (Intraday): 22,900 – 23,100 • Key Support: 22,500 Below that: 22,200 • Ideal Trade Type: Pullback rejection or breakdown continuation *Overall Sentiment* • Opening bias: Gap-down • Structure: Weak after relief rally failure • Behaviour: Rallies likely to be sold Market has shifted back from relief rally to macro-driven weakness, where oil and geopolitics are dominating price action. *Absolute Analytics*

Good morning

*Today’s price action on April 1:* Nifty opened at 22,549, hit a high of 22,714, then collapsed to a low of 22,283 and closed at 22,331 — down 488 points (-2.14%). Bank Nifty was even worse, down 1,999 points (-3.82%) closing at 50,275. Why the gap up reversed — key reasons: ∙Iran missiles hit Israel during Indian session — Iran’s Revolutionary Guards fired three waves of missiles at Israel within an hour in the morning. This directly killed the rally momentum as risk-off sentiment returned hard. ∙Trump optimism faded fast: Washington’s war-end comments had fuelled the gap up, but Tehran simultaneously said it was prepared for six months of war and denied any direct negotiations, contradicting Trump’s claims entirely. ∙RBI forex curbs hit Bank Nifty — New RBI mandates limiting banks’ forex positions to $100M created liquidity jitters in the banking sector, triggering sharp selling in heavyweights. This is what took Bank Nifty down nearly 4%. ∙FII selling didn’t stop: Foreign investors sold over ₹60,000 crore in March alone. The gap up was retail/DII-driven; institutions used it as a sell-on-rise opportunity.

Closed @317

Closed @317