AMBUJA CEMENTS
Would give a Harmonic Pattern breakout above 407 for the Pattern Targets of 435 and 462 on Cash Positionally
Above 407 Triangle and Squaring Pattern setups also would signal an Upside here
This stock has its Harmonic Channel Target of 450 Pending
So Do Watchout for that.

The reason we exited our Longs on NIFTY was Strategic
It was a Part of our Trading Plan
It didn’t ment the Cycles have Turned down
That’s not a case for now
Not Yet
The Patterns and Cycles are still Signaling an Upside. We got a fare amount of Profits in Past 10 days so it’s our duty to Protect Profits and reduce the risk element
NIFTY have a very strong Pattern Support at 17550 on closing basis
So as far as the Supports are held
It would be wise to respect the Pattern
And rather going for Futures it would be better if we Prefer monthly Options
Today is a Time Cycle date so Todays Low would be critical moving forward
NIFTY would give a fresh Triangle Breakout above 17870 for the Targets of 18015 and 18167 on Spot
Harmonic,Vibration and Squaring Patterns are still strong on NIFTY So Let’s respect that as long as it stays this way

ICICI BANK
SHOULD Be added on dips till 755 for the Pattern Targets of 814 and 845 on cash Positionally
For now all available Patterns are Signaling an upmove here in Coming Days

HDFC BANK
Is on a role
Today achieved another Pattern Target of 1555 on Cash
This Sharp Upmove have Surprised many Traders
But it was a regulation Trade those who understand Cycles and Patterns
1610. Also shall be tested but might take timehttps://ganntradersaahil.wordpress.com/2021/12/31/hdfc-bank-view/

POWERGRID
Would give Triangle+Rectangle+Squaring pattern Breakout once it gives a Daily Close above 218 on Cash
Combined Pattern Targets would be 233 and 251 once we get the Conformation.

RELIANCE
Yesterday achieved the 1st Squaring Pattern Target of 2455 on cash
It was a Tough setup
But we had to follow the Squaring Pattern
2310 was Imp level which was Protected
Setup still strong
View Posted on 31st DEC 2021

NIFTY Today achieved the Harmonic Channel Target zone of 17680 on spot. Going ahead market needs to consolidate
But Harmonic Structure is Suggesting 18250 in few weeks

NIFTY is going good. Would again move supports higher from 17200 to 17375 on spot. Which is Harmonic+triangle Support zone. Fresh Squaring Pattern Breakout would take place above a Daily Close of 17600. Keep a close watch on that. Note we have been trailing our Long Trade since the levels of 16850 on 27th December 2021. For now it’s important for NIFTY to hold its Pattern Supports. To get the Party going. Better not to worry about upside Targets. Yes they are Projectable but would leave that part for now.

Trailing Stops moved up further at 17550 on spot
Buy on dips Setup Intact. At 1 point it has to take a Pause

On NIFTY
Trailing Stops moving up further to 17700 on spot
Which is a Trending Triangle Support
In case this level breaks no point going short
Because Cycle supports are still bit lower thenn 17700
Dont waste your time in guessing Top

NIFTY finally hits our Trailing Stoploss
Out of Longs for now but no short trade as long as 17550 is protected on downside
Which is Pattern+Cycle Support.

AXIS BANK. Need a daily close above 702 on Cash to regain its lost strength. Once it closes above 702 it could test the levels of 727 and 757 on higher side Positionally according to its Squaring Pattern. Need to keep a watch. Triangle Breakout here is placed above 723 for Targets of 750 and 775.

Supports have shifted higher on NIFTY now. Pattern and Triangle Supports have moved higher in the zone of 17200/17250 on spot. As far as supports are held we can test 17630 on higher side. This week Tuesday and Thursday are Time Cycle Days. Do keep a watch on that. nifty Is testing swing highs so look to buy on dips only until supports are held.