NIFTY UPDATE

NIFTY, some facts going forward
First of all TIME, which is bearish only till 17th,June, we have witnessed majority part of fall, for this cycle
On 6th,June, I mentioned clearly that this TIME the MARCH low of 15,671, will certainly break
We have got print below 15,671 today
Many are hoping for some reversal
First of all, hope is not a good thing
There are some criteria, and conditions which markets have to complete,
On price front NIFTY, has to break 16,000 on upside to vitnes some counter action on upside
On TIME front, 20th/21st, very critical for short term price action
Because that’s the next combination of (Pattern+HARMONIC TIME CYCLE) dates
For now better to keep exposure modest, and wait for some critical TIME PIVOTS, to pass
For medium term 14,400 still intact
But after some bounce

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