NIFTY UPDATE

NIFTY is still doing (BACK&FORTH) within that narrow Trading range.
Nothing really to get exited about, for traders betting on either sides.
On 22nd of AUGUST I posted that NIFTY do not have any significant CYCLE date until early SEPTEMBER,
and since then we have seen NIFTY trading on south of (19,600) and north of (19,200).
PRICE failed to build any sort of TREND on it’s own.
Hens we require TIME activity to pick up from here.
and that activity is likely to pick up from TOMORROW.
From 31st,AUGUST to 6th,SEPTEMBER there are 4 major CYCLES aligning together which would easily push MARKETS out of consolidation.
Such alinement of TIME CYCLES is about to happen for the 1st time in 2023,
infact whole month of SEPTEMBER is likely to stay very volatile.
During late JULY I repeatedly mentioned 1st,august as a very critical date.
that CYCLE as we all know stopped the rally, this CYCLE which starts from tomorrow could possibly break through the supports.
Lets see.
No changes In PRICE structure yet,
19600 is still a sell zone for targets of 19140 and 18975 on spot.
Make sure you are adding fresh trades closer to 19600 not closer to 19500.
VIBRATION and HARMONIC PATTERNS are signaling lower lows ahead.