As we discussed yesterday, bottoms are not usually made in one straight move. The market needs time. It tests patience, it shakes confidence, and only then does a real base start forming.
From a time-cycle point of view, we are now stepping into a very important window. Tomorrow and then Tuesday–Wednesday next week stand out strongly. Leaving today aside, the next three sessions are extremely crucial in deciding whether this fall is ending or not.
Because of this, we genuinely feel that the odds of the rally resuming are starting to improve.
Now, if 24,919 — yesterday’s low — is truly the bottom of this pullback, then Nifty must move above the 25,450–25,500 zone and stay there. That zone is the line in the sand. Only after that will the market start showing that it is ready to move forward again.
The long weekend in between only adds to the interest, because markets often come back with a very different tone after such breaks.
Overall, we are entering a decisive phase.
The next few sessions should speak much more clearly.
Let’s stay alert and watch it closely.
gann,insides 