NIFTY UPDATE

NIFTY probably peaked at MONDAYS high of (17,799) to confirm that spot has to go below (17,550)
A daily close below (17,671) would give a BEARISH indication on (TIME CYCLES)
Several major markets including U.S. MARKETS have already given that BEARISH signal of TIME, with their yesterdays closing.
Not only (EQUITY MARKETS) $ too have confirmed a BULLISH move on both (PRICE) and (TIME) parameters.
Going forward $ should finally take out (106.25) the level we have been focusing since January.
As posted earlier on 20th,January, a move above (106.25) would take $ above 2022 highs of (114.78) in matter of 3-4 months.
It has tested patience, but that should pay-off now.
Would be intresting to see how markets reacts to stronger $ even if we look at VIX that too is getting closer to 13, a sustained move above 13 on INDIA VIX should take it higher till 18,
Watch out
and wait for markets to close below MONDAYS low !