TK

Fan account @TanmayKurtkoti

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

New hedge against equity 🤞

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

Outperforming benchmark indices 🤞

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

The Tanmay Edge Episode 66 is live.

Monday's gap-up did half its job. The Nifty held the 24000 floor and closed up 0.37% at 24102.90, with IT and pharma leading the bounce back from Friday's wreck. But it stalled cold at 24200 and faded.

Now it is Nifty weekly expiry, and the chain has built the tightest room of the week:

• Floor: 24000, the single biggest line on the board at 13.15M puts
• Ceiling: 24200, an almost identical 13.35M calls
• Max pain: 24100 exactly where we open
• Expected move: 129 points, so the whole day barely spans floor to ceiling
• Positioning: pros flipped to a small net long, FII still short ~2.23 lakh but covering, the crowd net long

The base case is a pin.

The education today is the one that traps people on expiry:

the option you buy at the open expires at 3:30, and time decay can drain it to zero even when you are right on direction.
The walls tell you where.
The clock tells you it has to get there today.

Full breakdown, free and first, on https://t.co/xrmg6EMgpd every trading morning at 8:30.
Trade the level, not the opinion.

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

Had a great time at #AlgoConvention by @5paisa @BSEIndia

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

Monday's Nifty options map before the bell.

The whole Friday fall was IT. The index closed at 24013, down 0.64%, but it held 24000 the level both buyers and sellers are defending, and where the heaviest open interest sits.

What the chain is telling us into Tuesday's weekly expiry

• Expected move: ±192 points (the at-the-money straddle). Range roughly 23810 to 24190.
• Volatility is cheap and got crushed Friday IV near 9%, India VIX around 13. Big moves aren't priced in.
• Sellers stacked a ceiling at 24100 to 24200. That's the cap to clear.
• Support sits at 24000, then 23900, then 23800.

Positioning:
foreign desks added to their index short bets (now around 2.26 lakh contracts) even after buying cash on Friday that's a hedge, and squeeze fuel if 24000 holds. Clients are leaning long.

The plan:
above 24100 and holding, bias is up toward 24200. Back under 24000 and the gap-up was a trap.

Tuesday's expiry tends to pull price toward 24000-24100, so let the first 30-45 minutes confirm before you act.

Free, every trading morning, on The Tanmay Edge → https://t.co/xrmg6EMgpd
#Nifty #OptionsTrading #FnO #IndianStockMarket #Investing

[5paisa @5paisa]

Introducing AlgoSpace by 5paisa.

Unveiled by @GauravSeth_0807 and @TanmayKurtkoti at the Algo Convention, AlgoSpace marks a step forward in making algo trading more accessible for retail traders.

Built to make algo trading simpler, structured, and more accessible.
Check it out now: https://t.co/omX3SPyqvG

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

AlgoConvention by @5paisa kicks off with @AnilSinghvi_

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

EP64 is live

Yesterday the read landed clean again, the Sensex held 77000, reclaimed its switch and ran into 77500 at expiry.

This morning is different, we gap down near 24000, right back onto the support we just cleared, and the strange part is Wall Street rallied overnight, so this is our own profit-taking, not a global scare.

The plan is a buy-on-dips plan, not a chase. Buy the dip while 24000 holds, even a wick toward 23950 is a level to lean on if it snaps back, but a sustained break below 23900 and the bounce is wrong, next stop 23800.

On the upside, take-off toward 24150 and the first seller at 24200, and only a break and hold above 24200 reopens 24500.

The twist underneath, the foreign desk sold cash for the first time in four days and is still short the futures, while domestic money bought 3130 crore and held the market up on its own.

Stream free and first on https://t.co/xrmg6EMgpd, and on Apple Podcasts and Spotify, every trading morning at 8:30.

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

EP63 is LIVE 👇🏻
Sensex expiry day. And the Fed turned hawkish overnight

Nifty closed 24085.70, its first ever close above 24000. Sensex 77155.62. The breakout is real

The question is whether it survives a hawkish Fed on a 0DTE

I read the whole chain on this one

Floor 77000, put writers added 17.5 lakh fresh contracts there yesterday. Roof 77500. The switch is 77300, and we closed just below it, which means moves get amplified today, not pinned

Straddle says the day lives between 76690 and 77625. PCR 1.35

And the foreign desk is still short about 2.25 lakh index futures into all of it. That short is the fuel if 77000 holds

Full breakdown, free, on https://t.co/xrmg6EMgpd. Also Apple Podcasts and Spotify.

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

Yesterday the number everyone watched finally gave way. After four rejections, Nifty closed ON 24000 at 23989 a foothold, not a fade. But today is the setup, not the main event: the US Federal Reserve decides rates tonight, and the Sensex expires tomorrow.

In this episode I walk through the full board the Sensex expiry box between 76500 support and 77000 resistance, why 24000 has become a magnet for the Nifty, the foreign buying that is real but unfinished, and why size discipline matters into a central-bank night.
8 minutes, data first, no noise.

🎧 Free and first on https://t.co/xrmg6EMgpd, also on Apple Podcasts and Spotify. Data: NSE, BSE and NSDL.

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

Expiry prep for tomorrow

Today told you everything you need to know about markets today morning & The Nifty gapped straight up to 24000, tagged 24011 in the first few minutes, and then spent the entire session getting sold back down to close at 23854.

Up on the day, but a long way below where it opened. That is not a market chasing higher. That is a market running into a wall.

And the wall is real. The 24000 strike now holds the single heaviest block of written calls on the board, almost 2 crore contracts, with another 87 lakh added in just one session. Those are the people who lose if the market climbs, and they have parked a mountain of money saying it will not.

Here is what changed underneath. For days the big foreign desk was the only seller in the building. Today they finally turned. They bought 143 crore in the cash market and added 23371 index futures contracts. The trapped short is covering.

So tomorrow , the last day of the contract, is a tug of war. Covering buyers pushing up from below, call writers defending from above, and 24000 sitting right in between.

The lesson from today is simple, do not chase the opening pop, because yesterday that pop was the high of the day. With option premium this cheap into expiry, the patient hand wins, not the one chasing the spike.

Episode 61 of The Tanmay Edge live Tom 8:30, free and first on https://t.co/xrmg6EMgpd

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

Guys are buying this, at 170 a piece. Still would like to take a punt let’s see

Crazy

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

On Friday the Nifty did something it had not managed in 10 days. It tore straight through 23500 and closed at 23622, almost 2 percent up, with the whole move packed into the last 90 minutes

Here is the part most people will miss. The big foreign desk was sitting short two and a half lakh index futures contracts. Friday afternoon they had one job, cover while it was cheap. They bought back just 23000 and stopped, betting the rally would cool over the weekend.
The weekend answered. Brent fell another 4 percent to 83.69, Japan ran 5.5 percent, Korea 4.7, and GIFT Nifty points to a second gap up of 360 points

So the official positioning tells the whole story. The foreign desk is still short 243623 contracts, fully hedged and bearish. The smart money that flips first is sitting long. The retail crowd is piled long. The only bearish player left in the building is the one desk trapped short, and a 360 point gap marks that book worse before the bell even rings.

That is why you buy the dips and don't fade this. The put writers planted 93 lakh contracts at 23400 and 85 lakh at 23500. That floor is concrete. Above sits 24000, the heaviest block on the board at 1 crore 5 lakh calls, the round number ceiling the gap runs into.

The honest risk is the one thing holding it up, a peace settlement holding. We have watched settlements break twice on this show. Keep the stop honest.

Episode 60 of The Tanmay Edge is live now, free and first on https://t.co/xrmg6EMgpd

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

Today’s top and bottom performers in account today

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

This worked superbly today 👇🏻

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

22 Million tokens consumed 😜🫣

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

Friday gaps up into the ceiling. 23500 decides

Three numbers from today's episode

301 points Tuesday's at the money straddle, the market's own price for the move ahead.

The gap will fatten calls at the open. That excitement is for selling, not buying, once the range sets.

72 lakh written call contracts at 23500, the biggest block on the board. Breakout longs only count above it after a 15 to 30 minute hold.

266983 index futures contracts the foreign desk still holds short, fifth day running, now marked against a 250 point gap with a weekend in between.

My call on the episode they cover at least 25000 to 30000 contracts today. Tonight's number tells us

Episode 59live. The plan, the levels and the weekend math: https://t.co/xrmg6EMgpd

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

At 3:30 yesterday the Sensex settled at 73983, just 17 points from the most loaded strike on its board, with its own weekly expiry due this morning

Overnight, three things changed.
The US tech selloff ran a second day, Nasdaq down 1.98 percent. War tension stories returned from the Middle East and Brent crept up 1.25 percent to 94.26. And the pre market screen slid through the morning, pointing the open right onto 73500, where put writers added over 8 lakh fresh contracts just yesterday

Here is the data point I cannot ignore. Gold is at 4095, pressing the 2026 low, on the same morning war chatter restarted. The fear trade is not believing the fear headlines. Either the headlines fade or gold is mispriced, and markets resolve that argument quickly.

Meanwhile the foreign desks covered barely 5022 of their 277001 short index futures contracts. Under 2 percent. Domestic institutions bought a 11th straight day.

Today is decided in the first 30 minutes. Hold 73500 and reclaim 73900, the day drifts home toward 74000. Lose 73500 for half an hour and 73000 comes fast.

EP58 walks through the whole map in 8 minutes. Streaming free: https://t.co/xrmg6EMgpd

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

If you only gave 10min today morning….it would have been an easy day 😜

[Tanmay Kurtkoti | Quant Trading @TanmayKurtkoti]

Tried the new @915_Groww scalping keyboard with @rishabh97ja from Groww office