SUN:TV yesterday achieved the Pattern Target of 445 on cash. Pattern breakdown activated below 462 on 22nd:February. Yesterday was a TIME SQUARING date here which was posted with price levels. There is probable Price,Time Squaring at 425 which is yesterdays low. We expected 423 as 2nd Target here which for now is missed by 2 points. But for now we can’not say it’s out of woods completely because bel https://ganntradersaahil.wordpress.com/2022/02/21/sun-tv-gann-view/ow 440 it gave (HARMONIC CHANNEL) breakdown which have opened up Target of 391. So we are expecting level of 391 on SUN:TV Positionally. That ideally means Yesterdays low should break. View posted on 21st:February 2022.

GSPL. Yesterday achieved the 1st mentioned Target of 272 on cash. View posted on 17th February. 272 was broken twice: 1st time it broke on 22nd;February. Yesterdays low won’t hold it shall also test 2nd:Target on downside.

After Yesterdays fall NIFTY needs time to stabilise. With Yesterdays downmove primary Targets were achieved. The Long term structure have deteriorated further. But nothing moves on straight line. So there would be counter rallies; but would rallies sustain that’s a critical aspect to watch! Earlier we gave Target of 13,750 on NIFTY in medium term. We still maintain that but not expecting it to come in short-term. For short-term zone of 15,900 to 16,150 could act as a near-term support. As long as this zone is protected not expecting another round of Penic selling. For now we do not want to chase upmoves. We have reduced our positions significantly and would prefer to avoid unnecessary risk on short trades as well. Yesterdays low is not that important the zone which I mentioned is critical on price front. So dont be in a hurry to call it as a bottom.

NIFTY finally broke december lows. Few traders finding it tough to digest this fall. Anyways they are high on their emotions. This happens with such volatility. Several stocks have achieved their Targets we shall update it later.

Complex Pattern Targets achieved in U.S. MARKETS. Mentioned in details with exact levels on 18th,February,2022. Do check that out.

NIFTY today achieved the (HARMONIC CHANNEL) Target of 16,550 on spot! Mentioned about this on previous Tuesday. Since last few weeks we had been absolutely clear on our bearish view on entire markets. Honestly I dint saw anyone as confident as we were. As far as the view was concerned. Well that’ was a no,brainer once 16,800 breaks NIFTY certainly would fall significantly. And it fell! But how many of you were able to make the most of that. After Todays Gap down. Without understanding of Harmonic Channels it’s not possible to Hold short trades with high conviction. As I often say HARMONIC CHANNELS rarely fails. In our previous posts, we also mentioned
That NIFTY was all set to break DECEMBER lows. And we are almost there. It’s not really an easy market to trade if you do not understand the Price Patterns and TIME CYCLES. More on further actions later. For now enjoy the fall.

Todays low is very Critical on NIFTY. ITS Very Important for NIFTY to break Todays low and sustain below it on closing basis. If Todays low doesn’t breaks then again a recovery is possible. So far pattern has been repeated at 1 point it has to break. And this actually is the best chance to break 16,800 convincingly. But until that happens be watchful.

BSOFT
Today achieved the (HEXAGON PATTERN) Target of 400 on cash! Gone more then 10% in 10 days. 388 is a critical VIBRATION support which once breaks opens way for 362 and 334 directionally. View posted on 11th,February.

Yesterday afternoon I asked a simple Question on my TWITTER and WHATSAPP groups. The Question was, Do anyone see a Gap down for Today!!! After that I got several Direct Messages on TWITTER and WHATSAPP. 70% OF Participants were of the view that NIFTY could test 17,400 Today! Totally respect those views. From 70% of TRADERS. But what above other 30%, who gave their views? They exactly knew what we were Thinking! If you go through our Yesterdays post on NIFTY. We mentioned Todays Date as a Pattern Date. Now Logically if the Price Pattern is week, then TIME also have to follow the direction of Price! If Today markets have rallied with a Gap up then there was a case of re-calculating the entire structure. Another point which we mentioned yesterday was. But nobody is Intrested to find Trend continuation dates just to give you a hint, 24thJan 7th,Feb and 14th,Feb were Pattern dates for NIFTY. TRY to find similarities in all these dates and connect that with Todays date. It’s simple. Coming back to NIFTY now, already gave Price Points Yesterday. For Today keep a close eye on whatever low is made. That would be Very Important TIME wise!

NIFTY is going through a TIME,WISE consolidation. Although the (PRICE PATTERNS) are week: NIFTY is not breaking down. The TIME element is forcing the PRICE to fluctuate in a defined range. This still shall continue for few more days, until the (TIME FACTOR) supports prices to regain momentum on downside. Until that happens as TRADERS we need to take small profits staying with the trend. On TIME front we have 2 Important dates. 1st is Tomorrow 22nd,February which is a Pattern date for NIFTY: AND other is a (HARMONIC TIME CYCLE DATE) on 25th,February. Watch;out for both the dates. The point at which entire market is poised it becomes very critical to se how prices reacts on both these dates. Price wise 17,450 to 17,650 is a strongest resistance points on Higher side. I won’t say it’s impossible to break this zone but it would be a real challenge for NIFTY to take this zone away. On downside 17,000 is a week pattern support which once breaks would trigger a TIME as well as PRICE breakdown. So watch-out these levels. The trend of markets would be decided by Price Patterns and Time Cycles not by external noise.