Crude oil continues to surge and has crossed the $100\/barrel mark, reigniting global inflation fears. At the same time, Wall Street has also started showing weakness as investors worry that higher energy prices could keep inflation elevated and complicate the interest-rate outlook.<\/p>\n
But there is one interesting counter-signal:
\nPCR has moved into a very low zone.
\nCould that trigger a short-covering bounce?<\/p>\n
——>CRUDE OIL \u2014 THE BIGGEST PROBLEM<\/p>\n
Brent crude has moved above $100\/barrel, its highest closing level since May, while WTI is also trading near multi-month highs.
\nThis is becoming a global inflation problem.<\/p>\n
##\ud83c\uddfa\ud83c\uddf8 WALL STREET ALSO STARTS TO CRACK<\/p>\n
The rising oil prices are now beginning to impact global risk sentiment.<\/p>\n
Wednesday’s Close<\/p>\n
\u2022 Dow Jones: -0.77%
\n\u2022 S&P 500: -0.48%
\n\u2022 Nasdaq: -0.64%<\/p>\n
The weakness came as crude crossed $100 and investors became increasingly concerned about the inflationary impact of the oil shock.<\/p>\n
##FII \/ DII ACTIVITY \u2014 9 SEPTEMBER 2026
\nCash Market<\/p>\n
\u2022 FII: -\u20b9582.99 crore
\n\u2022 DII: +\u20b91,509.04 crore<\/p>\n
FII Derivatives<\/p>\n
\u2022 Index Futures: -\u20b92,258.08 crore
\n\u2022 Index Options: -\u20b94,739.85 crore
\n\u2022 Stock Futures: -\u20b91,333.41 crore
\n\u2022 Stock Options: +\u20b9608.14 crore<\/p>\n
The message is fairly clear:
\nFIIs remain cautious, while DIIs continue to absorb part of the selling.<\/p>\n
——>PCR \u2014 THE ONE HOPE FOR BULLS?
\nNifty PCR: 0.59
\nBank Nifty PCR: 0.89<\/p>\n
Nifty PCR at 0.59 is extremely low and reflects heavily cautious\/bearish options positioning.<\/p>\n
But after a sharp fall, extremely low PCR can create the conditions for:
\nShort Covering \u2192 Intraday Recovery \u2192 Technical Bounce<\/p>\n
@@STOCKS LIKELY TO REMAIN UNDER PRESSURE<\/p>\n
!INDIGO
\nHDFCBANK
\nICICIBANK
\nASIANPAINT
\nBANKNIFTY
\nAPOLLOTYRE<\/p>\n
——->MARKET SETUP<\/p>\n
Bearish Triggers<\/p>\n
\u2022 Crude above $100
\n\u2022 Nifty support breakdown
\n\u2022 Bank Nifty support breakdown
\n\u2022 FII futures selling<\/p>\n
Counter-Triggers<\/p>\n
\u2022 DII buying continues
\n\u2022 Nifty PCR at 0.59
\n\u2022 Bank Nifty PCR at 0.89<\/p>\n
<\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[],"class_list":["post-312826","article","type-article","status-publish","hentry","article-category-learn"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/312826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=312826"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=312826"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=312826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}