Nifty 20/08/2018

1. 6826-8969=2143
2. 8969-7894=1075
3. 7894-11172=3278(<161.8%)
4. 11172-9952=1120(>38.2%)
5. 9952-->11612(38.2%)/12125(50%)



I.   9952-10929=977
II.  10926-10558=368
III. 10558--->11535(100%)/11766(123.6%)/12139(161.8%)


head and shoulder pattern going to form on 20/08/2018??
if market opens with gapup and didn't cross 10490 shorts can be taken assuming it will create right shoulder. Sustaining below 11460, it can goes till 10430.
if NS doesn't goes below 11460 after gapup opening(and down move) then it may be H&S failure so longs can be taken after NS cross right shoulder high.
If gapup opening failed to sustain above 11490, it's a failre to cross UBB and it might come down

Go short near 11480(SL 11495), watch out 11460 level, if broken then more fall.
LONG above 11495(SL 11480); targets are 11535/11578

Nifty - 13-08-2018

Oscillators indicating some weakness that Nifty may fall for 150-200 points if sustain below 11375. In absence of breaking 11375, there are high chance of making another high between 11500-11550.

Sustenance above 11565 may bring faster rise of another 150-200 points and sustenance below 11375 may bring faster fall of 150-200 points so keep close eye upon these levels.

Every dip near 11370 will be buying opportunity 

NIFTY/BANKNIFTY -13-07-2018

Nifty -
I.    10558-10736=178
II.   10736-10605=131
III.  10605-11078=
IV.   11078-->10966(23.6%)/10897(38.2%)/10786(61.8%)

BankNifty -

1.   26070-26344=274
2.   26344-26121=223
3.   26121-27151=1030(~400%)
4.   27150-->26907(23.6%)/26757(38.2%)

Probable counts of irregular corrective

A.10930 to 10417
B.10417 -10893-10557-11033(if C equal A)

But today nifty broke abv 11033

So probably can move up towards 11130 to 11150

Then C can see fast downmove of 500 to 550 pts

From there another upmove shall start for 11550 to 11600 range 

B can do near 1.4xA

Nifty 12-07-2018

Nifty -

I.    10558-10736=178
II.   10736-10605=131
III.  10605-10977(~200% done?)/11003/11030/11071
IV.  10977-10889(23.6%)/10838(38.2)


Banknifty - watch 26730 and 26830(5EMA) levels to take trade

9952..10257..10562..10868..11172...sl will be 25 points below or above it..all numbers r close numbers...sls should be used strictly..this move has started from 10558.......

weakness at 938/895/888 - 888 breaks in NF bears in upper hand

Nifty 10-07-2018

1st possibility - NS will got up till 10860-70 and then start falling back
2nd possibility -NS will open gapup above 10860 and will go above 10900+

If open and stays above 10865, go long, SL 10845

Nifty 06-07-2018

Long above 10784 or near 10710, short below 10680

Banknifty -Long above 26600-26650 or if it come near to 26400 and hold there then enter long.
If break 26400 decisively then enter short near 26370 keeping 26400 as stop loss.

Nifty 02-07-2018

Sustaining above 10850 spot is a must for Upmove, inability to sustain above Friday's high(10722) can lead to more weakness

short below 10680, SL-10711
long above 10745, SL -10690

Banknifty -  Long above 26470, short below - 26320 ;; SL 26390 bor both long and short??