Oil bounced from $101 to $106 overnight. GIFT Nifty crashed 461 points. Clients are sitting on 3 lakh long contracts — and it's Sensex monthly expiry with Good Friday tomorrow.

In this episode:

→ 48-hour reversal: from gap-up euphoria to overnight crash

→ Trump escalation news — attack getting escalated in the next 2 weeks

→ Why oil bouncing back kills India's biggest tailwind

→ FII short 2.64L contracts and winning — clients trapped long 3L

→ Sensex GEX: long gamma day, whipsaw reversals, 72,200-72,800 range

→ Nifty range: 22,200-22,700, Call OI wall at 22,700 (23L contracts)

→ Defence only Strong Buy — GRSE +20%, Mazagon +13%, Cochin Shipyard +14%

→ TK ALGO in sell mode

→ Long gamma explained — why VWAP becomes a magnet on expiry

→ If you're going long, carry a hedge over the 3-d ...