Welcome to EP09 of Trade Setup with Tanmay your 5-minute daily prep before the market opens.

In today’s episode, Tanmay breaks down the global rally, institutional positioning, and what the algo is flashing ahead of a likely continued consolidation between key levels.

Top Highlights:

📈 Global Markets:

• US Markets closed strong:
  • Dow up 200 pts
  • S&P +33 pts
  • Nasdaq hit 20,884
• Dow Futures still up +93 pts at 7 AM IST
• Asia: All major indices (Hang Seng, Taiwan, Jakarta, Shanghai) trading 0.3%–1% higher

📉 Indian Markets Snapshot:

• Gift Nifty up 29 pts at 25,180
• Nifty Closed Yesterday at 25,110 (Expiry Day)
• Consolidation continues: Predicted range 25,100–25,300 played out well

📊 FII/DII Data:

• FII Net Sell: ₹3,694 Cr
• DII Net Buy: ₹2,820 Cr
• MTD Flows:
  • FIIs: -₹17,330 Cr
  • DIIs: +₹19,790 Cr

📈 Sector Setup (TK Algo):

Strong Sectors:

• Realty
• FMCG
• Pharma
• Metals
• Capital Markets

Weak Sectors:

• CNX IT
• Infra
• CPSC
• Banking stocks
• Nifty still in Sell on TK Algo

⚙️ Options & Volatility:

• TK Algo gave Buy IV signal (Long Gamma) yesterday at 2:30 PM
• IV Levels:
  • 24 Jul: 9.31
  • 31 Jul: 9.7–9.8
  • Aug Series: 10.8
• Vol remains low → consolidation with bullish bias expected

📌 Client vs Pro Positioning:

Clients:

• Net Call Shorts: 4,630
• Net Put Shorts: 3,47,147
• Net long futures, clearly bullish

Pros:

• Call Shorts: 35,000
• Long Puts: 1,53,891
• Turned defensive and positioned for downside

🧠 TK’s View:

• 25,000–25,050 = buy zone
• 25,300–25,350 = fade/short zone
• Market likely to grind toward new highs in 30–40 days
• Bias is still positive, dips = opportunities

💹 Commodities & Currency:

• Gold MCX: ₹97,240 – outlook remains positive
• Crude: ₹5,726 – neutral
• Silver: Weak – can be shorted
• NatGas: ₹307 – buy
• Bitcoin: ₹11,18,026 – strong
• Dollar Index: 98.43
• USDINR: 86.08 (resistance: 86.17–86.20, support: 85.85)

“Clients are still pressing bullish bets. Pros are turning cautious. Range may hold, but breakout risk is rising. Avoid naked shorts, look to fade extremes. Algo is not bullish yet — but structure is supportive.”

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Trade Setup with TK Your Daily Edge Before the Chaos Begins.