“Nifty’s key cycle date is today, and the time vibrations from this period have just begun to intensify. From today until August 11th, markets will be in the midst of an extremely intense and highly volatile time window. The significant astrological activity could have a sharp impact on financial markets, making this weekend very interesting for traders.
When approaching Nifty, a cautious stance is warranted. So far, the index is holding above its significant support of 24400 on spot, suggesting it is relatively stable for now. However, the strength of the time cycles might eventually push the index below this critical support. We would anticipate sharp declines once 24400 is breached. Similarly, for the S&P 500, a move below 6200 could generate a rapid decline.
As of now, the setups remain stable, but this has the potential to change significantly from tomorrow onwards. As long as these key supports hold, stability is likely to persist. The confluence of multiple strong time cycles from tomorrow could make things far more dynamic and exciting. Interesting days are certainly ahead.”
