Season 2, Episode 1 | 2026-03-16
Gap Up Into Resistance | The Long Gamma Play
Ive sell signal with 9%
Market Overview
"You don't need more information. You need the right information | here's what matters today." GIFT Nifty +46 pts at 23,249. Brent crude above $104. FIIs sold ₹56,883 crores in March alone | and in F&O, they're sitting on 2.6 lakh short index futures contracts while clients are positioned completely long. Tomorrow is expiry. IV is elevated at 24.64 with ₹500 straddles. The market wants to move.
F&O Positioning
"Sixteen years on these desks taught me one thing | the market always telegraphs. You just have to know where to look." Gap up of 46 points is not a reason to go long | FII positioning says the opposite.
Options & GEX Analysis
"That's not a prediction. That's preparation. There's a difference | and that difference is your edge." It's expiry tomorrow | IV at 24.64 with ₹500 straddle means the market wants to move big today. 23,200 is the number. Watch it like a hawk at 9:20. Key levels: 23,200 gamma flip. Below | 23,000 and 22,800. Above | 23,400 and 23,500 major wall. One standard deviation range: 22,564 to 23,800. Today's read: sell the gap, not buy it. Weakness in first half, possible recovery later. Sectors with relative strength: Energy, Pharma, FMCG. Avoid: Auto, Finance, IT.
Commodities & FX
Brent crude above $104. FIIs dumped ₹10,700 crores on Friday. And Nifty is trying to gap up 77 points this morning. The question isn't whether we open green. The question is | can it hold? Let's find out. You're listening to The Tanmay Edge. India's pre-market edge. Five minutes. Every trading day. I'm Tanmay Kurtkoti | and this is Season 2, Episode 1. New format. Cleaner. Sharper. Let's go.
Sector Watch
SUGGESTED TALKING POINTS (in your own voice): Crude above $104 is a wildcard | watch Energy and Oil & Gas for relative strength.
Trading Plan & Levels
My bias: sell the gap up rally, not buy it. First half weakness, possible recovery later. Gap up open | but can it hold?
RupeeCase Update
→ RupeeCase: rupeecase.com → Follow on Apple Podcasts + Spotify → Twitter: @TanmayKurtkoti #TheTanmayEdge #NiftyOptions #FIIData #PreMarket #IndianMarkets #QCAlpha #RupeeCase #Expiry
Highlights
- Ive sell signal with 9%
Continue Beyond This Episode
Concepts you heard above are covered in detail in the RupeeCase Learn library, and the live strategies on the marketplace put the same systematic approach to work. Free, no sign-up.
- Learn library | 11 paths, 70+ free modules covering momentum, multi-asset, risk metrics, factor investing, behavioural finance and execution.
- Why rules beat gut feeling | the systematic case the show is built on.
- Momentum factor deep dive | the engine behind every RupeeCase equity strategy.
- RBI monetary policy | how the macro signals discussed every morning shape the next session.
- RupeeCase Strategy Marketplace | 17 systematic portfolios from RupeeCase Nifty 10 (entry-level) to AllCap Multi Asset (best Sharpe).
- Take the 2-min risk profile | get matched to a strategy that fits your tier and capital band.
- All episodes | every prior session of The Tanmay Edge.