We’ve been talking about this for days now — 27th and 28th January were not random dates. They were important on the time-cycle front, and with today’s session, that window finally closes.

What usually happens after such phases is simple: the market stops drifting and starts choosing.

From here, the short-term trend is unlikely to reveal itself in the middle.
It should become clearer only if Nifty steps out of this tight zone:

Above 25,372 (today’s high) – the market may finally start breathing on the upside.

Below 24,932 (yesterday’s low) – the pressure is likely to stay.

As long as we’re moving between these two levels, expect more noise, more frustration, and more false comfort. That’s sideways work.

About the recent low — we still can’t call 24,919 a real bottom. Not yet.
Markets don’t form bottoms just by touching a number. They prove them. And until Nifty starts holding above 25,500, that proof is missing.

Yes, globally things look supportive.
The Dollar is cooling off. The S&P 500 is making new highs. All of that should help.
But if there’s one thing the market keeps teaching — price doesn’t move on logic, it moves on its own readiness. And right now, our charts are still asking for confirmation.

To make things even more interesting, the Budget is due this Sunday. Big events, tight ranges, important time windows — that’s usually where volatility is born.

So for now, this is not a prediction phase.
This is a listening phase.

Let the market show its hand.
Till then — stay light, stay flexible, respect the levels, and don’t force opinions.

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.

Markets don’t ring a bell before they turn violent — and when they do, clarity becomes more important than conviction.

As discussed yesterday, the setup on Nifty had turned clearly bearish. Once the January 12th intraday low of 25473 was broken, the market witnessed an accelerated decline, with spot Nifty extending the fall towards 24919 today. This sharp move confirmed that weakness was no longer gradual, but momentum-driven.

Post the test of 24919, the recovery has been notable and technically encouraging. But this bounce by itself is not enough to qualify as a genuine reversal. Real trend changes usually leave behind a series of structural footprints — and those take time to form. Until those price parameters appear, this move should be treated as a reaction, not a reversal.

On Sunday, we had projected 25200 as an initial downside objective, which was achieved almost immediately. The fact that price didn’t stop there and extended even lower only tells us one thing clearly — bearish pressure is still active in the system.

On the time-cycle front, this coming Friday and next Tuesday stand out as critical windows. These phases often coincide with shifts in behaviour, volatility expansion, and the formation of meaningful swing points. How price behaves around these dates will matter far more than opinions.

There is also a hard trading truth many learn only through experience: there is a difference between going short and carrying shorts. In the current market, sharp declines are being followed by equally sharp counter-moves. As pointed out yesterday, taking short trades may be justified — but holding and carrying shorts is not going to be an easy job. This environment will reward execution and risk management, not stubbornness.

This is not a market for hero trades. This is a market for survival trades.
Stay nimble. Stay practical. And don’t get carried away by volatility.

Markets just sent an important message.

Nifty has slipped below 25,473, the January 12th intraday low — a level we had marked and spoken about earlier. Once this level gave way, the short-term character of the market clearly shifted. There’s no sugar-coating that. The setup has turned bearish for the near term.

On Sunday, I had already discussed what could unfold if this low breaks, and I’m sharing that same link again below.

Now, even though the market is weak, this is not a comfortable market to be short. And many of you will probably feel that too.

The fall from the January 5th top has been messy, uneven, non-linear. It doesn’t have that clean, aggressive bearish rhythm we usually see when a real medium-term downtrend begins. This doesn’t mean prices can’t go lower — they absolutely can. But it does mean that something is different about this decline.

What this kind of price action usually tells us is that the market is correcting, not collapsing.

The bigger structure still looks bullish. Nothing meaningful has broken there yet. What has changed is the patience required.
The rally many were positioning for looks like it has been delayed — maybe by a few days, maybe by a couple of weeks. But the path itself doesn’t look damaged.

So yes — the market is weak.
Yes — pressure is real.
But this still feels more like a difficult phase the market is working through, rather than the start of a long bearish era.

Sometimes markets don’t move fast. They wear people out first.

Let’s stay flexible, respect the weakness, but also not lose sight of the bigger picture.

We’ll let price guide us from here.

https://ganninsides.com/2026/01/18/when-headlines-get-loud-structure-gets-important/

Nifty’s rebound from today’s intraday low of 25,473 was technically notable. The response was sharp, well-structured, and importantly, it has occurred within a pre-identified time-cycle window. From a Gann perspective, that immediately places this entire zone into focus.

However, timing alone does not complete a market turn — price must still validate it.

As discussed earlier, the 25,200–25,300 region continues to stand out as an unfilled downside pocket. In many cycle-driven environments, markets often react first to time, then make a secondary price test, and only after that establish a more durable low. That possibility remains very much open.

If today’s low ultimately develops into the short-term floor, then the structure naturally reopens toward the 26,300 zone in the sessions ahead.

From here, the framework remains very clean:

➡️ Below 25,800, the market is still operating inside a declining phase, and lower retests toward 25,200–25,300 cannot be ruled out.
➡️ Sustained acceptance above 25,800 would be the first objective signal that the cycle has shifted upward.

At this stage, Nifty appears to be moving through a transition zone — a phase where time is clearly active, but price is still in the process of defining where the turn truly belongs.

In cycle work, this is often where the most important information emerges.