Three sessions ago, 24000 was the resistance. Tuesday it became 23500. Smart money does not slide a level 500 points lower in one session because they are predicting a move. They do it because they are reacting to one. And what they are reacting to is buyers waiting underneath.

In Episode 38 of The Tanmay Edge, I walk you through exactly what happened on Tuesday, why the macro lane is firing, what the institutional positioning is telling us, and where I am buying with hedges on the next dip.

Tuesday close. Nifty 23379.55 down 1.83 percent. Sensex 74559.24 down 1.92 percent. India VIX up to 19.26 . 24 basis points below the 19.50 regime gate. Brent crude crossed 107 dollars overnight. Rupee broke a fresh record low at 95.6300, snapping through the 95.50 trigger line. The macro lane is firing for the third session while the US sits at r ...