Absolute Analytics Channel

Good morning

Adding Lauruslabs 1120PE May to the watchlist

Adaniensol retracing. This brings a good RR setup, what we are waiting for. 1406-1398 range of support.

Strong bearish sentiment is building in GOLD (XAUUSD), while DXY remains extremely bullish. This i-Flow is now pointing toward a deeper downside move in gold. Chart explained here 👇 https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4692

Back to the desk.

Off the desk for a while. Working on few setups

*AA MARKET PULSE | 29 APRIL 2026* • GIFT Nifty at 24,107 up 0.05 percent indicating a flat to marginally positive start • US markets closed weak. Nasdaq down 0.90 percent, S&P down 0.49 percent, Dow slightly negative. Global sentiment remains cautious • Dollar Index at 98.65 steady at higher levels, limiting aggressive upside in equities • Gold near 1.5 lakh indicates continued defensive positioning • Crude at 9,485 remains elevated, keeping inflation concerns active • FII sold 2,103 crore showing continued foreign outflows • DII bought 1,712 crore providing domestic support to the market • Reliance Industries crossing 10 billion dollar profit is a positive trigger for index heavyweights • Rising bond yields leading to slower corporate borrowing indicates tightening liquidity conditions Market View • Flat to muted opening expected • No strong directional bias in early trade • Market likely to remain rotational and level-based • Direction to emerge only after initial acceptance Trader’s Plan • Avoid aggressive trades at open • Wait for confirmation before taking positions • Keep position sizing controlled • Focus on selective opportunities rather than broad market moves

Good morning

Stocks in watchlist for 29th April: Coforge AUBank Crompton Dixon HCL Tech IDFC First Bank Laurus Labs PageInd

XAUUSD price tested the lower FVG level i.e., 4605.78 From here the price breaking down, will target $4550 as the next target. On reversal the prices will target $4800 again.

As I have mentioned for BNF it's a positional trade and risky. But those who are holding along ping me directly on telegram DM @absoluteanalytics_raksha Here the updates are confusing few who are not into this trade. I will guide them based on their lot size and entry point.

Indhotel earnings and revenue result tomorrow. It can be volatile. Those who doesn't want to risk it can book profits @28.45

I have mentioned the key downside levels of BNF in morning video itself. 55500 is one major support. For hedging considering 55700PE May also as a small H&S is formed in 1hour TF (not taken any entry on this yet ) Monthly expiry with sector rotation volatility is inevitable Breach of 55500 level will invalidate the setup. All this is mentioned in the morning analysis.

Once the price close inside orb Will take Nifty 24000PE 5th May

Exit nifty

Nifty structure update:- A small hurdle at 24175. Bullish bias is 71% Immediate support 24150 with orb as major support 24130 Prices in spot

Nifty Price unless it is above ORB is not invalidated for a buy.

In the coming month, Nifty Service Sector will be in focus.

In spot 24225

Stop below 250 Target 275, 285