Pre Market Report- 15-Jun-2026

General
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Today’s Market View

  • Friday’s move indicated that some insiders knew what was going to come on the weekend
  • Trump’s announcement is a major development for the geopolitical and financial markets
  • Oil prices have tumbled (brent below $85)- positive for Indian market
  • Positionally, we are primed for an upside move in the coming weeks/months.
  • However, in the short run, the market is heavily overbought (PCR > 1.8 )
  • So, expect some sluggishness or profit taking in today’s session
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Everything was perfectly aligned with Textbook theory for a short setup, and those who strictly followed the text-book & YouTube rules had no reason to go long there. New intraday lows were forming, PCR was falling, and almost every indicator was pointing toward a short.

Except for one unconventional indicator that did not align with the rest. That divergence went against the unanimous short bias and ended up saving my day.

Those who got trapped would never have squared off the trade because, even before they realized it, the index was already 100 points against them. Seeing such a large loss, they would keep hoping the index would come back down, holding on instead of booking the loss, which only led to even bigger drawdowns.