NIFTY UPDATE

NIFTY, still have that support from TIME
As I had mentioned several times, in past few days
Atleast, till 8th,July, TIME, is supportive for a counter trend bounce
And TIME does have it’s own speed, which cannot be manipulated
So, as Traders, we have to respect TIME, and its INDICATIONS
Price fluctuations, is not an appropriate way to forcast market moves
Still decent TIME left for this cycle to complete,
Still for this cycle, my price objectives, are not yet met
16,200 has been my expectation, with support from TIME till 8th,july, I still expect print of 16,200 on spot
In case I se setup turning, would defenetly update
Trading positions has to be managed wisely, it’s just a counter trend bounce
Which still seems incomplete
Once it completes trades would be again aligned with the primary trend which is bearish
But for now better to wait for few objectives to complete