NIFTY UPDATE

For INTRADAY NIFTY Needs to cross 17,760 to come out from a sideways trend, PATTERN support continues to be at 17,550 on Spot. Until its held no short trade possible! Anyways there is no point shorting the market who have a positive TIME CYCLE. Yesterday DOW completed its HARMONIC CHANNEL Target which was mentioned in Mondays post! As I mentioned in past, there are several opportunities in this market continue to explore them in cash. Dont get carried away watching the screen. For F&O Traders things can turn overnight. So dont put yourself in that position. On TIME FRONT we have a very Important TIME CYCLE date on 7th Feb, monday. So watch-out for That. It is a Combination of 3 cycles which we use to analyze TIME!

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