Pre Market Report - 26-Aug-26 (Wednesday)

General
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Major Cues:

  • US-Iran tensions - the cat fight continues
  • Brent crude corrected significantly to $85
  • US markets ended in the green
  • Asian markets are also bullish this morning

Positional

  • Same view as yesterday…
  • The market has gone in a no-man’s territory
  • Neither the bulls nor the bears can claim victory
  • 24100-600 is the broad range to work with
  • The market needs some fresh new triggers to move forward

Intraday

  • The cues are bullish, especially the all in brent crude prices
  • But the gap up kinda takes away the fun
  • It’s likely that we just chop around in the first half
  • The second half is anybody’s guess

Track realtime market vitals at: Market Pulse — Real-Time Market Analysis Dashboard | VRD Nation

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Gap is partly because of new series

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True. We will see how to account for the new series so that the gap value doesn’t look misleading.

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