It seems wave (A or 1) is completed at 10565 and retracement levels for wave (B or 2) are given in chart. which can be used as buying zone with stop loss of 10333 which is of almost 100 points so plan your trade by analyzing wave pattern on live chart tomorrow. Good luck.
Here in this chart wave (5) and wave (v) will be in extended zone after breaking 10486 and 10408 respectively. Maximum range of both waves is coming at 10351-10325. so after completion of both wave Nifty can bounce up to 10543 and further it can also extend to 10700.
Most probably wave B completes in this given range and after completion of wave B we can see another downfall of 262 to 322 points in Nifty. But for that trade as of now I have no exact stop loss. In market hours if you get clues for wave B completion then plan a trade with decent risk reward ratio.
"HAVE A NICE AND SAFE TRADING"
Most probably one impulse wave is completed from 10774 to 10512. and we can consider it as wave (A) and now retracement levels of wave (B) is coming at 10612, 10643 and 10674 which can be achieved in coming sessions.
I would suggest not to trade for wave B in options and wait for wave C to trade.
If Nifty decline from present...
Nifty have not achieved minimum target of 10666 which can be achieved in coming sessions. Even if nifty failed to achieve 10666 and came down then 10526-10444 is support range and from this range again Nifty can bounce to 10666 and above. Down side reversal is only possible below 10444.
As expected wave (iv) completed as irregular correction at 10440. Now wave 5 projection range is coming at 10666-10803 which can be achieved in coming sessions.
Tomorrow intraday buying range is coming at 10571-10555. If Nifty breaks 10596 in opening only then buying range will change according to that but if nifty enter in 10571-10555 range without breaking...