S2Ep122 | Three Indices Closed At The Exact Low, And Brent Crossed 100 And Held It All Night | There Is No Green In Asia This Morning | Both Sides Just Piled Onto 23,500 | 10th Sept Thursday
The Tanmay Edge | India's pre-market edge, every trading day... by Tanmay Kurtkoti
Episode notes
Three indices closed yesterday at the exact low of the day. Not near the low. On it. Brent crossed 100 and then held above it all night. And this morning there is no green anywhere in Asia.
THE CLOSE. The Nifty settled 23,431.50, down 203.60, and the low of the day was 23,431.50, the same number. The Sensex and the BANKEX did the same. There was no bounce into the close and nobody stepped in at the end. India VIX rose about six and a half percent to just under 12, the first real bid for volatility in this entire run.
23,500 IS THE MAP. The biggest call add on the entire 15 September board was 72.19 lakh at 23,500, and the biggest put add was 34.82 lakh at the same strike. Both sides landed on one price again, and this time it sits 68 points above us rather than below. Under it a magnet, and a trigger once taken and held. Put call rati ...