NIFTY, setting up TRAP

NIFTY, making it more Intresting now for retail Traders
All,though the up,move is only a Trap, this Trap will take its TIME to play out
So until (HARMONIC TIME PIVOTS) completes another CYCLE, It would be wise to wait
Now, the question is when this CYCLE would complete? Those who Understand HARMONIC TIME CYCLES, They know the next date
But those who doesnt, they should mark 1st,August, as next (HARMONIC TIME CYCLE DATE)
Until 1st,August Expect sideways and very volatile moves on both sides
It would be Tough for NIFTY to follow a clear trend till 1st,August
Because we have entered another sideways TIME CYCLE
Since Yesterday, many traders have asked me what to do with September puts
As far as I am concerned would continue to hold them
I still would look to add fresh positions on Higher levels
Would UPDATE when I do that
But anyone who cannot add, should not bother much
There were reasons why we entered SEPTEMBER puts
This MARKET would shake,out many before turning down
This MARKET would easily had turned lower if the high of 16,276 would had been protected
Because NIFTY has broken that, few alternate scenarios could potentially play out
And all sinarios should complete before 1st,August
In August markets have to turn down dramatically
More TIME markets stays sideways, that’s a clear signal that next turn on downside could be very sharp
With or without any negative news development, next turn on downside would surprise many
I still maintain 14,400 in SEPTEMBER
On 14th,July, I clearly mentioned, for short-term weakness NIFTY and other GLOBAL MARKETS must close below Fridays low
Since markets not doing that, short-term weakness cannot persist
So expect the Zig-Zag moves to continue
Better to approach with thin volumes, in short-term
On TIME front Tomorrow is a PATTERN DATE, and Friday is the VIBRATION DATE
Watching PRICE very closely
This bounce has stretched further above my expectations
But good part is it would provide opportunity to take fresh shorts
But need to assess that in real time
Based on my experience with previous BARE MARKETS, I think MARKETS would surprise TRADERS on Upside, before shockingly disturb Investors on downside
Let’s se how it goes
We are yet to see the best of this BARE MARKET