Nifty as of 30th Sept 2019

NS - long above 11510, short below 11415.

BNS - Long above 29270, short below 28890(29020??).

Nifty as of 27th Sept 2019

Nifty Spot - long above 11585, short belo 11490.

BNS hourly chart

BNS 15 min chart - if  B.c is in in progress from 29763 in 5 waves then-

B.c.1    29763-30111=348
B.c.2    30111-29841=270
B.c.3    29841-30271(123.6%)/30322(138.2%)/30404(161.8%)

Bank Nifty Spot - Long above 30070(aggressive long above 29960), short below 29790

Nifty as of 26th Sept 2019

Nifty Spot -

Long above 11590, short below 11550. \There is negative divergence is 15 mins chart. 

1.  10671-11694=1023
2.  11694-11416(or still in progress in A/B/C)

2.A   11694-11416=278(in 5 subwaves)
2.B   11416->11556(50%)/11588(61.8%)

BankNifty Spot -
Difficult to label current move from 29471, too many possibilities as below-

1.   26645-30795=4150
2.   30795-29471(done or only 'A' is done)

If downmove from 30795 is in A/B/C then
2.A  30795-29471
2.B  29471-30712
2.C 30712->29076(123.6%)

OR if 2.B is still in progress(in a/b/c) then
2.B.a  29471-30712
2.B.b  30712-29823
2.B.c  29823->30500/600(+/-)

Then 2.C will start towards 29000+/- . 

If 2nd wave is done and 3d started then -
3.1  29471-30712=1241
3.2  30712-29823
3.3  29823->31357(123.6%)/31538(138.2%) - strong above 30350

Long above 30120, short below 29920

Nifty as of 25th Sept 2019

NS - Short below 11414 more low below 11382. Long above 11494.

1.  10671-11694=1023
2.  11694-->11453(23.6%)/11303(38.2%) done at 11416??

BNS - Short below 29470 more slow below 29420. Long above 29830.

1.   26645-30795=4150
2.   30795->29816(23.6%)/29210(38.2%) done @29471??

Most probably 1-5 subwave  or a/b/c is done from 30795. So tomorrow if BNS does not break 29470/2940, it may start moving up.

Nifty as of 24th Sept 2019

NS - Short below 11560, more low below 11470, SL and long above 11640,strength above 11700.

BNS - long above 30400, short below 30025/30000.

1.   26645-30795=4150
2.   30795->30189(14.6%)/29816(23.6%)/29210(38.2%) done @29895??

If 2nd wave is in 5 subwaves, 1-4 are already done and 5th will move past 29895. So tomorrow if NS does not move past 30400, shorts can be taken on breaking 30025/30000.

If move past 30400, 3rd wave may start.

Nifty as of 23 Sept 2019

BNS - short below 11570, more low below 11470, SL and long above 11630.
More strength above 11700

If current up move from friday is first wave(in 5 subwaves). then -

1.  10671-11694=1023
2.  11694-->11545(14.6%)/11453(23.6%)/11303(38.2%)

BNS - long above 30640, more strength above 30800. Short below 30440

1.   26645-30795=4150
2.   30795->30189(14.6%)/29816(23.6%)

Nifty as of 20th Sept 2019

Nifty daily chart -

Nifty hourly chart -

If it's B wave from 10637( in 3 wave) -

B.1  10637-11142
B.2  11142-10670
B.3  10670-> ?

Assuming B.3 is moving in 5 subwaves as -

B.3.1   10670-11381=711(divided in 5 subwaves as below in 15 mins chart)
B.3.2   11381-->(11213 23.6%)/11109(38.2%)

Is B.3.2 done @ 11238 or it will unfold in  'a','b','c'  as in below 15 mins chart -

If NS failed to cross 11350, it might fall and short can be taken or long entry can be made if 11350 crossed; keeping 11350 SL.

If open low and break 11240, enter short; 11240 will be SL and long entry point.

Check the wave formation of B.3.2.c if it starts from 11350



BankNifty Spot-

Fall from 31784 - 26561=5223
50%=29173, 61.8%=29789, 73.6%=30405

Rise from 26645-29417=2772
28763(23.6%), 28358(38.2%)/28031(50.0%), 27704(61.8%)

If current move is B wave(as that of Nifty sport) -

B.1  26645-29417=2772(in 5 subwaves)
B.2  29417->28763(23.6%)/28358(38.2%)
Done @28834  or it's just B.2.a and b and c are pending?

If open below or break 28890, short can be taken or at resistance 29373. Long above 29060.

Nifty as of 19th Sept 2019

Bigger wave count - 

1.    12103-11625=478
2.    11625-11982=375
3.    11982-10637=1345
4.    10637-11084=447
5.    11084-->10738(23.6%)/10524(38.2%)/10178(61.8%)


5th wave started from 11084 is further subdividing in small 5 waves.
5.1.i    11084-10989=95
5.1.ii   10989-11016=27
5.1.iii   11016-10797=219
5.1.iv  10797-10875
5.1.v   10875->10671(done?)

5.1  11084-10671=413
5.2   10671->10829(38.2%)/10878(50%)/10926(61.8%)


Now 5.2  will start from tomorrow retracing 50-61.8% of 5.1

BNS - 
5.1   28125-26645=1480
5.2   26645->27210(38.2%)/27385(50%)/27560(61.8%)

Nifty as of 18th Sept 2019

Bigger wave count - 

1.    12103-11625=478
2.    11625-11982=375
3.    11982-10637=1345
4.    10637-11084=447
5.    11084-->10738(23.6%)/10524(38.2%)/10178(61.8%)


Hopefully 4ht in the form of ABC finished as -
4.A    10637-11142=505
4.B    11142-10747
4.C    10747-11084   -  4.C was in 5 subwaves as below-

4.C.1   10747-10920=173
4.C.2   10920-10816=104
4.C.3   10816-11082(appx 161.8%)
4.C.4   11082-10946
4.C.5   10946-11084

Now 5th wave started from 11084.
5.1.i    11084-10989=95
5.1.ii   10989-11016=27
5.1.iii   11016-10797=219
5.1.iv  10797-10875
5.1.v   10875->10765(38.2%)/10698(61.8%)

Tomorrow buy above 10870, short below 10820


BNF - buy above 27260, sell below 27100.

Nifty as of 13th Sept 2019

Bigger wave count - 

1.    12103-11625=478
2.    11625-11982=375
3.    11982-10637= 1345
4.    10637->>11151(38.2%)/11310(50%)

If 4ht wave is in the form of ABC then -
4.A    10637-11142=505
4.B    11142-10747
4.C    10747-> 11252(100% of A)

If 4.C is in 5 subwaves then
4.C.1   10747-10920=173
4.C.2   10920-10816=104
4.C.3   10816-11082(appx 161.8%)
4.C.4   11082-10946
4.C.5   10946-11084(38.2%)/11153(61.8%)

4.C.5 done or will it try to touch 61.8%??

If open above 11095 then it can target 11150 +/-, resistance @11125-11150.
If open low or start trading below 11070(SL 11090), short positions can be taken. Breaking 10990 will be more bearish.

BNS - Long above 28125, SL 28050. Short below 28050, confirmation below 28000; SL 281250.

Nifty as of 8th Sept 2019

NFS long above 11030, short below 10980.

Nifty as of 6th Sept 2019

Nifty spot on weekly chart formed dragonfly candle.

Bigger wave count - 

1.    12103-11625=478
2.    11625-11982=375
3.    11982-10637= 1345
4.    10637->>11151(38.2%)/11310(50%)

If 4ht wave is in the form of ABC then -
4.A    10637-11142=505
4.B    11142-10747
4.C    10747-> 11252(100% of A)

If 4.C is also in 5 subwaves then
4.C.1   10747-10920=173
4.C.2   10920-10816=104
4.C.3   10816->11030(123.6%)/11055(138.2%)/11096(161.8%)/11162(200%)


Short below 10920, long above 10950.

BankNifty -

4.A 26563-28274=1711
4.B 28274-26643
4.C 26643-28354(100% of A)

4.C.1 26643-27279=636
4.C.2 27279-26816
4.C.3 26816->27602(123.6%)/27694(138.2%)/27845(161.8%)/28088(200%)

BNS long above 27290, short below 27180.

Nifty as of 4th Sept 2019

Ns short below 10790, long above 10890

BNS sell below 27040, long above 27170/27240.