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.