NIFTY UPDATE

NIFTY after achieving the primary target of (19,375) have again re-tested the PATTERN breakdown zone of (19,563) but this do not change the structure which we discussed earlier. On last thursday I shared long list of PATTERNS which have given sell signals on INDICES. So no change in setup it continues to remain sell on rise. Now when U.S. MARKETS too confirming the BEARISH signals it would be a tough job for markets to sustain at higher levels above (19,600). TIME wise after major signal from 1st,AUGUST next important date is 11th,AUGUST and 14th,AUGUST. For this week, 2nd,half would be more intresting then 1st,half, based on TIME CYCLES we are expecting NIFTY to achieve our 2nd,Target of (19,140) somewhere in between 11th,AUGUST to 18th,AUGUST. this would be a very important TIME zone for all FINANCIAL assets. Let’s see.