Absolute Analytics Channel

AA PRE-MARKET BIAS | 03 JUN 2026 • GIFT Nifty (-0.50%) signals a cautious start despite overnight gains in US markets. • ⁠Dow +0.45% | S&P +0.13% | Nasdaq +0.03% • ⁠FII sold ₹8,363 Cr while DII bought ₹9,589 Cr, highlighting continued foreign selling but strong domestic absorption. • ⁠Crude remains elevated near ₹8,950 and DXY stays firm at 99.23, keeping inflation, liquidity and currency-sensitive sectors in focus. • ⁠Market attention remains on the upcoming RBI policy, which could influence Banks and Financials. Sector Leadership: • IT – Supported by AI spending optimism and global tech strength • Pharma – Defensive buying continues • Capital Goods – Infrastructure and capex theme remains intact Sector Under Pressure: • Auto – Crude and demand concerns • FMCG – Rural demand and margin pressure • Metals – Global demand uncertainty • Energy– Elevated crude remains a headwind Market Tone: Strong domestic support is offsetting FII selling. Leadership remains with IT and Pharma, while RBI policy, crude prices and global developments are likely to dictate near-term direction. Opening Bias: Neutral to Slightly Negative Sector Rotation & Stock-Specific Action is expected. Nifty recovered 0.4% yesterday, but 23,800–24,000 remains the immediate resistance zone.

Good morning

It can go as high as 4465

Bought 4300CE June Completely risky. Reason to enter: H&S invalidated and Double Bottom initiated. Targets 4380, 4400 Exited PE @105

Target 48, 53 (Exit strategy close below 1002 spot)

Bought Naukri 1000CE June @44.

Naukri 1000CE June in watchlist

Exiting Nifty

Holding till ORB higher level 23358

SL below 150 Target 185, 201, 220

Bought 23300Pe 9th June @166 Risk: high due to expiry day

Nifty inclining towards short side! Trade is not confirmed yet! As setup is still shady

Nifty bears at 52% and Bulls 48..

Currently Nifty is in indecisive territory Although it has given liquidity sweet yet another confirmation is suggested, keeping expiry volatility in concern.

Adding Nifty 23400PE 9th June in watchlist

Bharatforg in watchlist PS: Pattern is still under formation. Chart explained here https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/5031

Nifty Bull % 55 Bear 45%

Nothing in nifty so far!! Waiting for the setup confirmation

One can book early profit in HAL @169

T1 done in HAL