EP10: Low Vols, Heavy Put Shorts, and Earnings Heat Up | July 21 (Monday)

Welcome to EP10 of Trade Setup with Tanmay, your 5-minute edge before Indian markets open. It’s a Monday filled with heavy results, weak volatility, and divergent institutional bets. TK breaks it all down.

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Top Highlights:

📉 Market Snapshot:

• Gift Nifty at 24,991 — down 40 points
• Nifty closed Friday at 25,020, flirting with key support near 24,900
• Straddle (25,000) priced at ₹256 → 1 SD range:
  • Upside: ~25,220
  • Downside: ~24,840

  🌍 Global Cues:

• US Markets closed at record highs
  • Dow: 44,390
  • Nasdaq: +10 pts
  • S&P: Flat