TNT PreMarketCapsule 22august22

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PRE-MARKET

CAPSULE
BY THE NOISLESS TRADER
INDEX & FII DATA ANALYSIS

22 AUGUST
EDITION 26
QUOTE OF THE DAY
“STOCK MARKET BUBBLES DON’T GROW OUT
OF THIN AIR. THEY HAVE A SOLID BASIS IN
REALITY, BUT REALITY IS DISTORTED BY A
MISCONCEPTION.”
— GEORGE SOROS

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE


DISCLAIMER
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an example and education only, without obligation and without specific recommendations for action. It does not constitute and cannot replace
investment advice. We, therefore, recommend that you contact your personal financial advisor before carrying out specific transactions and
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In view of the high risks, you should only carry out such transactions if you understand the nature of the contracts (and contractual relationships) you
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Ris
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investments made.

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE


CONTENTS

1.
Nifty chart analysis
2.
Nifty breadth
3.
Banknifty chart analysis
4.
Banknifty breadth
5.
Nifty sector breadth
6.
FII Derivative Activity
7.
Summary
8.
Disclaimer
THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE
NIFTY

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE


NIFTY | P&F X% BREADTH

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE


BANKNIFTY

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE


BANKNIFTY | P&F X% BREADTH

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE


SECTOR BREADTH
Trading Breakout in the Neutral breadth
sector can prove to be rewarding when
markets are in the bullish trend

Sectors in the overbought zone should be


avoided for the long position. For ongoing
trade trail your SLs aggressively.

Look for a long opportunity in the neutral


zone if you are a breakout trader

Breakouts are likely to fail for the sectors in


the Overbought zone as the Nifty 50 and
larger markets are correcting.

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE


OI AND FII DERIVATIVE ANALYSIS
VALUE VERDICT

PCR (NIFTY) 0.69 Bearish

17900 PE 17900 and 18000 have huge CE writing


OI ANALYSIS and very insignificant PE writing seen.
17800 CE

FII CASH +1,110.90 Bullish

FII INDEX FUT. -1,647.19 Bearish

FII OPT. Sold Calls 66,858 Qty


Bearish
Bought Put 44,060 Qty

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE


SUMMARY | PRE-MARKET CAPSULE | 22 AUGUST
NIFTY BANKNIFTY
Chart Analysis Chart Analysis
The pattern formed is a Bearish multi-brick breakdown The pattern formed is a Bearish multi-brick breakdown
Price trading below TMA is Bearish Price trading below TMA is Bearish
Likely support for Nifty is 17500 Likely support for BANKNIFTY is 38200
TMA will start acting as Dynamic Resistance. TMA will start acting as Dynamic Resistance.
Dynamic resistance @ 17778, 17805, and 17816 Dynamic resistance @ 39138, 39144, 39110

OI Analysis OI Analysis
PCR is 0.69 which is Bearish PCR of BNF is 0.64 is Bearish
Max PE writing @17500 strike Max PE writing @38000
Max CE writing @17800 strike Max CE writing @39500
CE writing at 17800 and 18000 strike shows resistance.
Trade Idea
Trade Idea Banknifty is likely to halt or correct tomorrow. Selling CEs
Nifty is likely to halt or correct tomorrow. Selling 17700, will be a good idea for this expiry till the time price is
17800 CE and 17900 CE will be a good trade for this expiry trading below TMA on 0.15% (1-min) Renko charts

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE


GET TO KNOW YOUR NOISELESS TRADER

Prof Kaushik Akiwatkar


BE (Computer Science), PGDM (Marketing), (MBA Finance)

Prof Kaushik has spent almost a decade in academics before joining Elearnmarkets.
He is former Dean & Professor of Cresta School of Management, Science & Arts
and Founding Director of Rishihood University.
His passion for teaching and sharing his knowledge about Financial Markets led
him to join Elearnmarkets as the Head of Product earlier this year.
Prof Kaushik has developed a unique way of identifying the trend of the market. Be
it Index or stocks using Renko charts (from the noiseless chart family). He has
observed on many occasions how Renko charts can save you from a non-trending
period and help you identify the perfect entry before the start of the trend.
His vision is to help retail market participants become better and informed trader
in shortest possible time. This document is one such effort in the direction.

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE


FOR MORE CONTENT, FOLLOW

The Noiseless Trader


Software Credit
(TradePoint by Definedge)
The Noiseless Trader
Data Credit
(Stock Edge)
@kaushikaki

Community Credit
Kaushik Akiwatkar (Stock Edge Club)

THE NOISELESS TRADER @kaushikaki PRE-MARKET CAPSULE

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