NIFTY UPDATE

NIFTY found a near term base at its LOWS of 26th,OCTOBER.
as posted earlier next major CYCLE date for NIFTY is on 3rd,NOVEMBER,
which also would be its PRICE and TIME SQUARING DATE from june 2022 lows.
For NIFTY price of 19,150 would square out with TIME on 3rd,NOVEMBER.
So for now atleast till FRIDAY we need more kind of a sideways market.
Next leg lower for NIFTY would resume once market close below FRIDAYS LOW,
Beyond near term,
We got a structural breakdown in past week.
which do have downside target objectives of 18,490.
which would coinside with next HEXAGON TARGET,
We may get this during NOVEMBER.
The month of NOVEMBER is one of those rare months in which we have 2 (PRICE and TIME SQUARING DATES),
1st on 3rd and another on 17th.

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