The Tanmay Edge | India's pre-market edge, every trading day. The Tanmay Edge | India's pre-market edge, every trading day.

S2Ep124 | The Writers Swapped Sides On The Last Day, And We Gap Up Onto The Magnet | Nifty Expiry | 15th Sept Tuesday

Sep 15, 2026 · 12m

Summary

Tanmay reviews Friday's expiry, noting Nifty settled at 23,401 with a 4% WIX rise and a shift in max pain to 23,450. He analyzes the 80-point premium return as short covering, highlighting FII shorting and domestic long accumulation. With Gift Nifty up 82 points, he projects a gap-up open into the 23,450 resistance, defining a trading band of 23,150 to 23,650. The episode concludes with a strategy to sell iron flies at 23,450, advising traders to avoid carrying positions past 3:15 PM.

Topics discussed

Sponsor: Just Food For Dogs Sponsor: Superhuman Go Market Overview and Friday Recap Max Pain and PCR Analysis Open Interest and Strike Migration Support/Resistance and Basis Shifts Short Covering and Positioning Moves Index Performance and Market Breadth FII/DII Flows and Retail Positioning Global Yields, Currencies, and Commodity Trends Today's Setup: Gap Up and Implied Move Key Levels and Settlement Mechanics Trading Strategy and Iron Fly Setup Outro and Call to Action Sponsor: Just Food For Dogs Sponsor: Rubric
Listen ad-free on Castria