TNT PreMarketCapsule 22august22
TNT PreMarketCapsule 22august22
TNT PreMarketCapsule 22august22
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
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Ris
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investments made.
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
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
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.
Community Credit
Kaushik Akiwatkar (Stock Edge Club)