NIFTY, is finding it tough to catch,up with TIME. HARMONIC TIME CYCLE for NIFTY is bullish till 3rd,June, so plenty of TIME left for market to break its barriers on Higher side!:
Not only HARMONIC TIME CYCLE, SQUARING PATTERN, and HEXAGON PRICE PATTERN, for NIFTY is also signaling an upmove in coming days
SQUARING PATTERN is the most stable indicator in a sideways market!”
Which for now is expanding on upside
Once NIFTY, gives sustainable closing above 16,350 the SQUARING PATTERN will put NIFTY in a new ORBIT on upside. HEXAGON PATTERN also is suggesting Targets above 16900!”
For any reason, if NIFTY comes near 15,800 that would be an opportunity too add positions on calls
Voletility is high and it will remain on higher side, thursday and friday are critical TIME CYCLE dates, approach wisely!:
NIFTY, as discussed in morning is struggling to aline with TIME. UNTIL spot gives closing above 16,350 this Zig-Zag will continue. VIX above 25 is not making things easy for traders!:
TIME is what it is, that cannot be calculated again looking at price. Only thing which could be done is to trade with thin volumes!:
For example I hold 2 lots of june calls would add only if NIFTY retest 15700 or lower. Else I would simply observe markets till 3rd,june. Things are as simple as that, why to make it complicate!”
NIFTY, has to retain 16,210 to negate this price bearishness. Failing to do so, can drag prices to 15,850 and 15,650 on spot. Bulls at any cost have to take NIFTY above 16,210 to keep things back on track!”
gann,insides 