Season 2, Episode 11 | 2026-04-01
FY27 Opens with a Bang |. Brent Crashed 105$ | GIFT Nifty +367 | Full Risk-On
FY27 Day 1 opens with GIFT Nifty +367 at 22,800. Brent crashed from $116 to $105.49, Gold at all-time high $4,694, DXY below 100. Every global index is green | KOSPI +6.26%, Nikkei +4.13%, Nasdaq +3.83%. FII pulled a record -3.
Market Overview
GIFT Nifty: 22,800. Plus 367 points. FY27 just opened with a bang. SEG 1: GLOBAL + COMMODITIES Starting with the global picture | and it’s green everywhere. Nasdaq up 3.83% overnight. KOSPI plus 6.26%. Nikkei plus 4.13%. This is a global rally | not just a relief bounce. GIFT Nifty is telling you: 22,800. Plus 367 points from Friday’s massacre. FY27 Day 1 is going to gap up hard. But here’s what the positioning data says about who’s ready for this… With GIFT Nifty at 22,800, we’re looking at a 460+ point gap-up from Friday’s close of 22,331. 22,800 = GIFT Nifty indication. If Nifty opens here …
F&O Positioning
SEG 2: PRO / FII / CLI March 2026 | FII pulled minus 3,36,284 crores in derivatives. That’s more than double the worst previous month. Historic. Pro first. They cut longs from plus 42,488 to plus 9,462 in 3 sessions. They’re not panicking | they’re hedging. Short calls at minus 1,07,358. Long puts at plus 34,614. Classic protection mode. FII? Deeply short. Minus 2,64,846 in futures. Long puts at plus 3,63,572. Short calls at minus 2,32,437. Every possible bearish position. But here’s the thing | Brent just crashed 9%. If oil stays low, FII has less reason to stay short. Watch for short coverin…
Options & GEX Analysis
SEG 3: OPTIONS + LEVELS VIX at 27.89 is still elevated. Premiums will be fat. If you’re selling options | great day for it. If you’re buying | be careful of IV crush after the gap. Client has minus 4,25,483 short puts. If the gap-up holds, those short puts expire safer. But if FII covers fast and pushes Nifty through 23,000 | that’s the real squeeze.
Commodities & FX
Brent crude? Crashed from 116 to 105 in 4 days. That’s a 9% drop. Gold at 4,694 | new all-time high. DXY broke below 100. Nasdaq rallied 3.83%. FY26 ended in blood. FY27? Full risk-on. Let me show you why. INTRO STING India’s pre-market edge. The numbers behind the noise. I am Tanmay Kurtkoti. Season 2, Episode 11. Let’s go. But the real story? Brent crude. Crashed from 116 to 105 in 4 days. That’s a 9% drop. For India | this is the single most bullish macro signal right now. Lower oil, lower current account deficit, lower inflation pressure, lower RBI anxiety. Gold at 4,694 | another all-time…
Sector Watch
What’s the screener saying about sectors?… SEG 4: TK SCREENER + SECTORS TK Screener closed Friday at Strong Sell | 654 points below signal. But that was before tonight happened. If Nifty opens at 22,800 and sustains | that’s only 233 points below the sell signal at 23,033. One strong session could flip this. Watch the screener update after today’s close. Sectors on Friday | everything bled: PSU Bank: minus 4.56% | worst sector. But banks rally hardest on reversals. Bank Nifty: minus 3.82% | HDFC Bank ADR up 1.53% overnight, ICICI +1.05%. Banks are coming back. On the RupeeCase dashboard right …
Trading Plan & Levels
Key levels to watch: 22,500 = Friday’s intraday high area. This becomes first support on any pullback. 23,000 = psychological resistance + where TK Screener sell signal was triggered. If we reclaim this, the screener signal resets. FII is sitting on minus 2,64,846 futures short. If Nifty sustains above 22,700 | short covering creates a feedback loop. That’s the momentum play. SEG 5: TANMAY’S READ
RupeeCase Update
Fin Services: minus 3.49% | Shriram Finance was minus 3.82% in NM10 but that’s the rebalance risk. Metal: minus 0.21% | least damage, and copper is up 1.75% tonight. Hindalco in NM10 was plus 2.46%.
Highlights
- Nifty at 22,800,
- Gift nifty at 22,800,
Transcript Excerpt
The Tanmay Edge | Season 2, Episode 11 Clean Transcript (As Recorded) **Date:** 1 Apr 2026 | **Duration:** ~8:06 | **Host:** Tanmay Kurtkoti --- [0:00] COLD OPEN Very good morning. GIFT Nifty is trading at 22,769 | almost up by 400 points. FY27 just opened with a bang. And Brent crude crashed from $116 to $105 | that's a 9% drop. Gold is also rallying at $4,694, and Dollar Index broke below 100. Nasdaq rallied almost 4%. FY26 ended in blood. FY27 | full risk is on. Let me show you why. India's pre-market edge. The numbers behind the noise. I am Tanmay Kurtkoti. Season 2, Episode 11. Let's go. --- [0:34] SEGMENT 1 | GLOBAL PICTURE & COMMODITIES Starting with the global picture | and it's green everywhere. Nasdaq was up 4% overnight. KOSPI almost 6%. Nikkei is up by 4.13%. This is a global rally, not just a relief bounce. And the real story that is happening is happening from the Iran-Israel war, where Brent crude is showing the actual results | which has crashed from $116 to $105. That's a 9% drop. For India, this is the single most bullish macro signal right now. Lower oil, lower current account deficit, lower inflation pressure, lower RBI anxiety. That's all it is. So gold at $4,694 is good news again, and Dollar Index broke below 100. So dollar weakens plus oil crash | that's the exact combo India needs. And RBI is intervening to constrain rupee fall as well at 85. So let's see what happens to that as well today. So GIFT Nifty is telling you clearly | 22,800, plus almost 400 points from Monday. So FY27 Day 1 is going to be a gap-up, and it's going to be hard. --- [1:43] SEGMENT 2 | PRO / FII / CLIENT POSITIONING But here's what the positioning data looks like | and the data says who is ready for this. So FII pulled almost ₹3,36,000 crores in derivatives in the month of March. That's more than double the worst previous month. It's historic. And that's huge. Currently on the **Pro** side | futures OI, they are holding almost 9,000 contracts. Calls | …
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