NIFTY UPDATE

NIFTY, for short term, I do anticipate a Bounce, mentioned about this few times in past week
I generally like to work with only 1 sinario
I follow certain setup based on my understanding of, (PRICE and TIME) MODELS)
Since February, my view has been bearish, on MARKETS
Those who follow me, they are aware, on my Target of 13,750 on NIFTY
But that will take its TIME
Sooner or Later, NIFTY, is going there
But wont stop there
Whatever upside I expect from here, would only be for short term
And as Traders we have to trade markets on both sides
Based on our setup
Yes, markets can do anything, hens we have to mark our INVALIDATION POINTS
Which makes things simple, for us
For the counter rally to unfold, my IN;VALIDATION POINT, is 14,800-15,000 zone on spot
As far as NIFTY, holds this zone
I would hold my view, and expect Targets closer to 15,950-16200, in couple of weeks
But a break of 14,800 would send me back to the Drawing Board, and again re,work my calculations
As far as TIME, is concerned I mentioned on it, briefly last week
Today is a PATTERN date
Let’s see how things goes from here
Would update if setup turns