NIFTY PATH FORWARD

NIFTY, finally gave a print of 16,200 on spot
That too on, 8th,july
Since last 2,weeks I had pointed 8th,july as (HARMONIC,TIME,CYCLE) DATE
Those who understood its calculation were aware on it
TIME PIVOTS, on MONDAY, would complete very critical HARMONIC CYCLE
Need to be prepared for more volatility going forward
Todays date also co-insides with a VIBRATION DATE
So time Has gone very active
Better to approach markets sensibly
PRICE wise I had minimum objective at 16,200 Which has been achieved for now
Going forward I expect markets to go little bit more higher above 16,400 before this bounce ends
I had been calling out this bounce as counter trend bounce, because primary trend was, and still is strongly bearish
Expecting primary trend to resume shortly
But markets can do anything
Bare markets are tough to trade
But we have to keep following our plan
Controlling the risk element
Because if risk is addressed, the fear of Loosing eliminates
So far markets had performed on expected lines.but sometimes things wont work as expected, still we have to keep following our process
And the process now says to start looking for short trades
Waya september puts
Keeping a big target this time
Target would be, 14,400 on spot which has been my expectation since MARCH/APRIL, I have TIME LINE for the print of 14,400 on or before 15,th,september
I think it could happen before 15th,september
But in between there would be some counter trend moves
Would take that in real time
No matter how far this bounce goes
Ultimately it has to come down
And complete downside Targets

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