Absolute Analytics Channel

Good morning

Good evening Nifty entering the expiry with bears holding the positional edge through record FII shorts and aggressive 23,200–23,300 call writing, while strong put support at 23,000–23,100 and max-pain dynamics near 23,400 may trigger sharp intraday rebounds, making a volatile range-bound session with sell-on-rise behaviour the higher-probability path unless 23,300 is decisively reclaimed. Gift Nifty is still under today’s Indian session close but slowly approaching the line for a breakout opportunity. By morning we will have clear picture on Gift Nifty and market structure. Mostly it will be rangebound to mildly bearish sentiment.

AA MARKET PULSE | 08 JUNE 2026 • GIFT Nifty at 23,174, down 1.16%, signals a weak opening for Indian markets • US markets witnessed sharp selling, with Dow down 1.35%, S&P 500 down 2.64%, and Nasdaq plunging 4.18%, reflecting strong risk-off sentiment • FII sold ₹8,776.25 crore while DII bought ₹9,133.57 crore, highlighting continued domestic support against foreign outflows • Crude remained elevated at ₹8,614, while DXY moved above 100, adding pressure on emerging markets • Investors are assessing the RBI's updated outlook, rising oil prices, and global risks, with stock and sector-specific action likely to dominate • India's push for global bond index inclusion and revised GDP growth of 7.7% reinforce the country's long-term macroeconomic strength Overall Sentiment Market sentiment remains cautious to bearish. Weak global cues, rising dollar strength, and continued FII selling may weigh on sentiment, while strong DII buying and positive domestic macro developments could help limit downside.

Good morning

ASTRAL 1540PE June in watchlist

TMPV 400PE June in watchlist

*RBI Measures to Attract Dollar Inflows (June 2026)* • New 15Y, 30Y & 40Y Government bonds brought under the Fully Accessible Route (FAR) for foreign investors. • Investment limits on other Government securities were removed to attract more foreign capital. • Higher investment limits for NRIs/OCIs and extended to all individuals residing outside India. • RBI launches a concessional forex swap facility till Sept 30 to improve dollar liquidity. • Public Sector Undertakings (PSUs) get incentives for External Commercial Borrowings (ECBs). • Banks raising FCNR(B) deposits get support for full hedging costs till Sept 30. • Export proceeds realisation period restored to 9 months, bringing export earnings back faster. *Objective:* Increase dollar inflows, improve forex liquidity, support the rupee, and reduce pressure from high oil prices and FII outflows. *Likely Impact:* Positive for the rupee, government bonds, banks, and overall foreign capital inflows.

T1 done in Bnf

5min candle close will decide the close in BNF SL in option 1200

Exiting bnf

Booking Banknifty @1350 Spot target around 54738

RBI keeps neutral stance No change in the rate

Wait Close will be our rule based level. If 15’min close below orb then only exit

Volatility is insane 😆

Stop will be price closing inside orb (around 54500 in spot)

Target 1350 1390

Bought Banknifty 54500CE June @1266

Market will be driven be event based volatility.

Adding 54500CE Banknifty June in watchlist Purely Intraday

Daily range defined between NIFTY 23516.35 and 23439.30 BANKNIFTY 54520.20 and 54316.40 Major event day Cash Reserve Ratio and RBI Rate Decision in 25mins