Friday the index broke 24,000. Closed at 23,897. Down 275 points. Brent went 106. Rupee touched 94.25. Every WhatsApp group is asking the same question — is this the start of something bigger, or did we see a dead cat bounce?

Tomorrow is monthly Nifty expiry — the biggest single gamma day of the cycle. The next 48 hours are going to decide a lot more than just one settlement.

In this episode I break down the full positioning data and exactly what I am doing with my own book today.

WHAT YOU GET IN 12 MINUTES:

→ Global setup. GIFT Nifty +182, US printing fresh records, Brent still climbing, USD/INR holding above 94 with conviction.

→ The signature Pro / FII / Client read. Pro doubled long puts adding 65,000 fresh contracts on the sell day. FII pressed shorts deeper instead of covering — but they are also long 8.68 lakh ...