S2EP66 | Weekly Expiry: 24000 Floor, 24200 Ceiling, Max Pain 24100 | 23rd June Tuesday
The Tanmay Edge | India's pre-market edge, every trading day... di Tanmay Kurtkoti
Note sull'episodio
Monday's gap-up did half its job. The Nifty held the 24,000 floor, closed up 0.37% at 24,102.90, and the IT wreck from Friday reversed clean — Tech Mahindra, Infosys and pharma led the bounce. But it stalled cold at 24,200 and faded. Now it's weekly expiry, and the chain has built the tightest room of the week.
Today's read, all the numbers in one place:
• Mon close: Nifty 24,102.90 (+89.80, +0.37%), range 24,073–24,168. Sensex 77,094.07 (+0.38%). IT and banks led; consumption (Asian Paints, Titan, ITC) dragged.
• Flows: FII sold ₹636 Cr cash, DII bought ₹1,036 Cr — a flip from Friday. No conviction either side.
• Positioning (Pro → FII → Client): Pros flipped to a small net long in index futures (+1,193) — first desk leaning up. FII still net short ~2.23 lakh contracts but covered ~3,600; hedged-bearish (l ...