Big Picture
- US-Iran war seems to be winding down
- Oil prices settling close to $80 per barrel
- IT stocks will feel the heat today
- Accenture came out with bad numbers
- Infy and other ADRs showing a deep cut
Positional
- The market is strongly in the grip of the bulls
- Dips will be used to take long positions
Intraday
- The first gap down will be latched on by the bulls
- The rest of the day will be decided by how strong Bank Nifty stays
- Reliance AGM might create some ripples around 2-3 pm
