Nifty/BankNifty 17/09/2018

Long in Nifty above 11490-11500, STRICT stop loss - 11480. Resistance 11600-11630.

Short can be taken if  11480 is broken. In nifty move down it can fill the gap created on 14/09/2018. Support can come around 11400-11350 area.

BankNifty - Long above 27050, SL 26990. Target 27500+

BankNifty 10/09/2018

Looks like head and shoulder formation in process

Two possibilities -
1. H&S failure - BNS moved past 27447(right shoulder), so if it stays above 27500(last friday's high and  trendline as well) it can target 27447+300=27750 appx.
2. H&S target - If move past 27250 can target 27250-300=26950. Short can be initiated after break of 27350(last few hour support) and break of trend line 27380 appx.

Nifty/BankNifty counts

NS counts -

11341-11452=111
11452-11367=85
11367-11760=393(361.8%)
11760-11640=120
0-3=419
11640-->(11751 if 1=5)/11739(23.6%)/11800/11899(61.8%)

NS strong above 11710



BANKNIFTY -

1. 26062-27164=1102
2. 27164-26701
3. 26701-28363=1662(<161.8%)
4. 28363-27787=576
    0-3=2301
5. 27787-->28330/28666/29209

i.   27787-28387=600
ii.  28387-27942=445
iii. 27942-->28684/28913

BankNifty 28-08-2018

BankNifty levels -

27787-27894
27894-27802
27802-28317
28317-28241
28241-->28366/28444/28506/28569

Nifty 27-08-2018

More count on Nifty Spot -

10558-11072=514
11072-10936=136
10936-11390=454
11390-11341=49
11341-->(0-3=832)11537/11659/11855===>11795(MAX)

11341-11451=110
11451-11367=84
11367-11621=254
11621-->11561/11524(11532 done??)
11532-->(0-3=280) 10598/11639/11705/11821

On 27/08/2018 - NS trading above 11590, go for long; target 11650+
BNS - long above 27900, target 28455/28867

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