Welcome to EP17 of Trade Setup with Tanmay Kurtkoti, your 5-minute pre-market podcast before the chaos begins.Markets are set to open deep in the red after Trump imposed a 25% tariff on India. Gift Nifty is down 180 points around 24,675 as of 8 AM. It’s expiry day, and volatility is likely to spike sharply in the morning session.Global Snapshot:Nasdaq: +31 pts to 21,129S&P 500: -8 pts to 6,362Dow Futures: +53 ptsEurope: All major indices positive (FTSE +50, CAC +56, DAX +247)Asia: MixedGift Nifty: 24,675 (↓0.8%)Commodities & Currency:Brent Crude: $72.36Gold (Comex): $3,292/ozGold (MCX): ₹98,795 — risingCrude (MCX): ₹6,022 — strongSilver: ₹1,13,850Dollar Index: 98.7USDINR: FirmFII/DII Flow (Wednesday):FIIs: Sold ₹4,636 Cr (8th consecutive day)DIIs: Bought ₹6,146 CrMTD Net:FIIs: -₹41,227 CrDIIs: +₹52,737 CrEarnings Watch:Key results today from Maruti Suzuki, Adani Enterprises, Coal India, and others following strong prints from major names yesterday.Client vs Pro Positioning:ClientsNet Long: 3.72 lakh contractsCall Shorts: 5,000Put Shorts: 3.78 lakh → risk of getting trapped on openProsCall Longs: 54,000Put Longs: 2.00 lakhNet Short Bias: ~1.46 lakh → aligned for downside gain in early tradeInterpretation: Clients could get caught on the wrong foot in the opening drop. Pros likely to benefit from volatility spike.Nifty & Options Setup:Nifty Spot Close (Prev): ~24,800Opening Expected: ~24,675ATM Straddle (31 Jul): ₹117Implied range:Upside: 25,000Downside: 24,700 (at-the-money open)OI Analysis:Support: 24,600 Put OI ~77 lakhResistance: 24,800 Call OI heavy24,500 Put: Low OI — limited downside cushionSector Snapshot (TK Algo):Weak: Capital Markets, ITNeutral: FMCG, MetalsPotential Bounce: Infra, PharmaToday’s theme: wait-and-watch for second-half recovery.“Expect a volatile open with downside gaps. Put writers are likely to get hit early. If we hold above 24,600, a bounce into expiry is possible. Tariff panic may get digested by afternoon. Stay light and reactive — expiry can be a trap.”📅 New episodes every market morning by 8:30–8:45 AM IST🎧 Trade Setup with Tanmay Kurtkoti — your daily edge before the chaos begins.

Ver todos los episodios