Welcome to Trade Setup with Tanmay — your 5-minute audio podcast before the chaos begins.

It’s Wednesday, 20th August, and markets are holding steady near the 25,000 mark despite weakness in global equities. Asian indices are sharply lower (Nikkei -1.6%, Taiwan -1.8%, Kospi -1.85%), while US markets saw a tech-led selloff with Nasdaq dropping 1.5%. Brent crude remains under $66, gold continues to slip, and USDINR has cooled off after rejecting 87.50 resistance.

Flows remain divergent — FIIs sold ₹634 crore while DIIs bought ₹2,261 crore, keeping the monthly trend intact: FIIs net sellers (₹24,200 cr) and DIIs strong buyers (₹62,160 cr).

On the positioning front, clients have trimmed longs to ~3.96 lakh shares, while pros have cut shorts sharply to ~65k. With both sides reducing extr ...