Absolute Analytics Channel

*Market Pulse – 17 Mar 2026* *Global Drivers* • Global sentiment remains fragile but slightly stabilizing as no fresh escalation headlines emerged overnight, giving markets a temporary pause from panic selling. • Asian markets opened mixed — Nikkei marginally positive while broader Asia remains cautious, indicating consolidation after recent volatility. • Crude oil cooled slightly from recent highs, trading just below extreme levels, easing immediate inflation panic but still elevated. • US markets closed mixed with selective buying, showing that risk appetite is stabilizing but not fully returning. *India Macro & Flow* • GIFT Nifty indicates a flat to slightly positive start, suggesting consolidation after recent sharp moves. • The rupee remains weak near the 92–92.3 zone, reflecting continued pressure from elevated crude and dollar strength. • FII selling pressure continues to linger, though pace has slightly moderated compared to last week’s aggressive outflows. • Indian markets are now in a reaction phase, where global cues and crude movement are driving short-term direction more than internal strength. *Stock & Sector Alerts* • Energy and oil-linked companies remain in focus as crude volatility continues. • Aviation, paints, chemicals and logistics sectors remain sensitive to fuel cost movements. • PSU and defence-related stocks may continue to see selective interest amid geopolitical backdrop. *Cross-Asset Snapshot* • Crude Oil: slightly cooled but still elevated • Gold: steady as hedge demand remains • Dollar: firm globally • Global equities: stabilizing after recent sell-off *Overall Sentiment* • Opening bias: flat to slightly positive • Primary driver: crude oil direction and geopolitical headlines • Key risk: any fresh escalation in Middle East conflict • Market behaviour: consolidation with sharp intraday swings possible Markets remain macro-headline driven, meaning oil prices, geopolitical updates and currency movement will continue to dominate short-term direction. *Absolute Analytics*

Good morning

MCX

Goldm Sl above 156500 Target 155000, 153160

Sold XAUUSD @4994 SL 5025

Sold GoldM @155693 April future A small risk

This sudden surge in Nifty prices seems like a trap. Waiting for a pullback and confirmation. No trade entry taken in this.

Change of strike 23200CE Nifty 17th March

Nifty is trading in the opening range. The range is between 23248-23098

PhonePe, announced it has temporarily deferred its public market listing process due to the current geopolitical conflicts and market volatility and will resume the listing process once there is some stability in global capital markets.

Adding Nifty 23100CE 17th March in watchlist

Booked @250

T2 done

226

SL around 165 Target 222,226

Bought @191

Adding Nifty 23100PE 17th March in watchlist

*Market Pulse – 16 Mar 2026* *Global Drivers* • Global markets remain extremely cautious as the Iran–US–Israel conflict continues to disrupt global energy routes, keeping investors defensive.  • Brent crude surged above $100/bbl again, driven by fears that the Strait of Hormuz — responsible for nearly 20% of global oil shipments — could remain disrupted.  • Asian equities opened mixed with Nikkei slightly lower and regional markets volatile, reflecting uncertainty around oil supply and geopolitical escalation.  • Central banks globally are now under pressure as the oil shock could revive inflation risks and delay rate cuts, keeping risk assets unstable.  *India Macro & Flow* • The Indian rupee remains near record lows around ~92.4 per USD, pressured by rising crude prices and strong dollar demand from importers.  • Foreign investors have withdrawn more than ₹52,000 crore from Indian equities in March, intensifying market volatility.  • Indian equities have been under heavy pressure recently, with Nifty falling sharply and market wealth erosion accelerating due to the global oil shock.  • RBI intervention in currency and bond markets is helping stabilize volatility, but macro risks remain elevated.  *Stock & Sector Alerts* • Energy and oil-linked companies remain the most sensitive to crude price volatility. • Aviation, chemicals, paints, and logistics sectors remain vulnerable due to higher energy costs. • Defence, shipping, and energy infrastructure companies may continue attracting attention amid geopolitical escalation. *Cross-Asset Snapshot* • Crude Oil: above ~$100/bbl amid Middle East conflict risk  • Gold: steady as safe-haven demand persists  • Dollar: strong globally amid risk aversion  • Global equities: volatile and headline-driven *Overall Sentiment* • Opening bias: cautious to weak • Primary driver: crude oil spike and geopolitical escalation • Key risk: sustained FII outflows and currency weakness • Market behaviour: likely volatile with sharp intraday moves rather than a sustained directional trend. Markets remain macro-headline driven, meaning oil prices, geopolitical developments, and currency movements will dominate short-term direction. *Absolute Analytics*

Chart in Focus #CAMS Fundamentals are not in bullish favour, but the structure shows possible bullish projection. A retest between 610-606 before the upside move is expected first. Monday opening price will decide the trading strategy for this. https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4094