NIFTY BANK medium term view

NIFTY;BANK; is up today, so I feel it’s an ideal TIME to analyse the structure.
In Gann theory we analyse MARKETS using 2 factors, 1st part is based on GEOMETRICAL proportions of PRICE and TIME,
and the 2nd,part is based on CYCLES which all GANN followers refers as (CYCLE ANALYSIS) this is not something which is applied to only TIME its applicable on PRICE as well.
within CYCLES we can do multiple sub-divisions of TIME and PRICE ratios,
anyone who have studied GANN COURSES would easily understand the whole process.
it comes under (LAW OF VIBRATION) framework which is entirely based on MATHEMATICS.
Now let’s go back to NIFTY;BANK;
if I consider a move from MARCH 2023 LOW to JULY 2023 high as a start of a multi year BULL MARKET then unfortunately there is one problem here,
according to one basic guideline in CYCLE ANALYSIS a fresh CYCLE breakout cannot over lap with the previous range in this case the pullback in NIFTY BANK should not have entered under 44,151,
but it entered and that eliminated the case for a CYCLE breakout.
This certainly wont reflect on CHARTS for now.
Now when that part of ANALYSIS is clear, we need to focus on short term setup.
and when we analyse it for short term we can se that it have given HEXAGON and HARMONIC CHANNEL breakdown.
based on that we would prefer to sell all upsides till 45,000 for downside targets of 43,500 and 42,600 on cash.
A daily close below 43,450 would trigger a SQ,9, breakdown which could open up a way for a waterfall decline. until then it is likely to be a controlled fall.