NIFTY UPDATE

NIFTY, have a key HARMONIC CYCLE date today
Todays high would be a reference point for next 3 weeks
Same rule would be applied for other global markets as well
Would post on U.S. MARKETS in detail going forward
As far as NIFTY, or INDIAN MARKETS are concerned
Even after this extended upmove, the path going forward remains what it was
The minimum projection for NIFTY is 14,400 till september
Only the TIME projection could be extended for this, from september to October, no chance for price revision
And 14,400 is the minimum for NIFTY
The maximum would shock everyone
I dont know how it would go there.but it certainly has to go there
NIFTY cannot break 2021 highs without giving print of 14,400 on spot
And would take it from there
Earlier I dint expected NIFTY, to break 16,800
But it broke
The additional 500 points does not change the TIME structure for this market
Since 16th,june, I was calling for a counter trend bounce
But 17300 was not what I anticipated
For short-term pattern supports have shifted higher to 17,000 on spot
Once 17,000 breaks the rhythm of price would break
And once rhythm breaks, the 3rd law of NEWTON would get active
Markets have put traders in a spot where they wont get above points
But people would learn with TIME
Let’s see what happens
Intresting times ahead