MARKET UPDATE

NIFTY TRADERS; are getting run-away GAPS; which are of no use! This market needs a BREAK-AWAY GAP to travel steadily on one direction! I already mentioned levels yesterday!”
I made my expectations very clear yesterday
Continue to hold that view! Recently I have been sharing only short-term levels but for medium term I am still very much BEARISH So just making that point clear!:
Many fellow traders have opposed my view very aggressively but I really cannot do much about that
We do not post views to satisfy the majority of traders!”
If you have a bullish view then go long, it’s as simple as that
There is no point writing lengthy messages in my DM, and sharing fancy charts
It needs good amount of confidence to share view publicly
Earlier I share my target of 14,400 on NIFTY spot! Which has been my minimum expectations since MARCH! As an investor I won’t put my money in this market until I see 14,400 on a screen near me!”
Retail Traders are manipulated; to concentrated on ATH, people are busy giving 19,000 and 21,000 targets
But won’t tell you what happens after that
Because these SOCIAL MEDIA TECHNICIANS does not have a road map for that!:
For many, june lows of 15,183 is a low which would never break
But TIME CYCLES have something else to say
But wait! No,budy is interested to know that!”
And when this cycle will end, no one would be left in market who have been investing on fundamental reasons
Let’s see who servives till then! Markets are always above anyone’s analysis
As Analysts and Traders we just have to keep following our process!”
In short-term there are opportunities on both sides, but for long-term the over-all structure for EQUITY MARKETS is HORRIBLE
Stay alert, or wait for markets to square you off for ever!”