Britannia - It is within complex correction zigzag WXY. Y wave is in progress and one more low away to end the C wave of Y wave. Wait for bounce of 4th wave upto 3500-3540 zone, where it is good sell set up for target zone below 3360. It is the final wave down so trade with small quantity.
Nifty50 - It has completed impulse up in 30 min time frame. The correction is under progress as ABC. B is about to finish and turn bearis, so sell on bounce will be good trade opportunity with stop loss above 12026.50 for target zone of 11750-650 as C wave down. price may go down in choppy fashion.
Banknifty - It has completed ABC zigzag up side (unless it further extend the C wave). So it is good sell until the price stays below 24818 in small bounce for target zone below 23800 or lower.
Reliance - It is in 5th wave of 3rd wave of C wave down. one more low will end the 3rd wave extension possibly as indicated in chart. Thereafter bounce expected to 4th wave. It is exactly moving as expected earlier.
Adaniport - It is within choppy corrective cycle of WXY. Y wave is in progress as ABC. Sell with stop loss above 363.30 at current level for target zone of 336 or slight below that level. The trade set up is having great risk reward ratio but having medium odd trade set up, so trade with small quantity.
Bajajfinserv - It is in WXY complex correction from bottom and possibly in Y wave up. Y wave will unfold in ABC. Wait for B wave to end to trade C wave up. B wave can go little lower. Buy with stop loss below 5733 for target above 6200 once the C wave CONFIRMED.
Reliance - It is correcting in wave 4th of C wave down and must stay below 2217.25 to retain the count valid. If it penetrate the level upside then the count is invalid. Below that price it is good sell set up once the 4th wave is over within 2 days for target below 2120 or more downside.
Banknifty - It is in (C) wave up and extending 5th wave. So stay long as far as the price is holding today's gap. New buying is not good at current level because no good risk reward ratio found.
Nifty - It is within 5th wave of 5th wave as mentioned in chart. If price crosses above 12015 then there was a gap in the chart up to 12085 which would fill possibly today. Stay bullish until price hold the today's gap.
Techm - It is possibly in (Y) wave down now. so sell with stop loss above 856 at current level with for (Y) wave down as target below 800 with small quantity. Once the price confirm the impulse down in 5 min time frame, then add more quantity on bounce of b wave, because (Y) wave will move down in abc zigzag. Give thumbs up if you really like the trade idea.
TECHM (NSE) - It has completed ABC zigzag down, which was predicted earlier. The move down was designated as W wave and X wave is under progress, which may go higher. Wait for it to complete for sell set up of Y wave down. Impulse down would be the confirmation of the trade setup. Give thumbs up if you really like the trade idea.
RELIANCE (NSE) - It is in 3rd wave down and one more low to complete that sequence. Thereafter 4th wave will move sideway. Sell on that bounce until price will remain below 2217. Give thumbs up if you really like the trade idea.
KOTAKBANK (NSE) - It is within C wave probably after B wave finished in flat correction. so stay bullish with stop loss below 1300 for C wave up in small pull back. The total ABC correction is the part of (B) wave, which will further going down for (C) big wave down towards 1180 or even lower. Give thumbs up if you really like the trade idea.
Indusindbk (NSE) - It is within corrective cycle B wave and one more down wave c of y of B wave will be traded after bounce of b wave completed. Sell with stop loss above 632.40 near 618-24 zone for target below 590. Thereafter it may turn bullish. Give thumbs up if you really like the trade idea.
Infratel - It is in very choppy within 4 hr time frame with down sloping price action and under-perforing the Nifty since long. So it is good sell candidate in small bounce of B wave for C down within ABC zigzag cycle. It may even extend the losses for bigger (Y) wave down, but need more confirmation. sell near 188-86 zone with stop loss above 195.05 for target...
LT - It is within ABC zigzag move and under-performing the Nifty. the 5th wave of C is expecting go for one more high. Overall it is in bearish corrective cycle. so sell on bounce will be good set up, but need more price confirmation before taking the trade. Give thumbs up if you really like the trade idea.
INFY - It is in impulse 5th wave up, which is extending the price gain. It is in 5th of 3rd of 5th of 5th wave up. stay bullish in pull back near 1090 for target of new high. The risk reward ratio is getting down, so stay small in size. Give thumbs up if you really like the trade idea.
ICICIBANK - It is in ABC zigzag up move from last bottom in 30 min time frame, which is probably start 4th wave of C soon. Buy near 389 for target above 410 or slight higher. stop loss should be below 382.80 for the trade, because below this price level it turns bearish. Give thumbs up if you really like the trade idea.