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.

2021 would be remembered in Future as 1 of the best Year for Equity Markets. Making Money was very easy for anyone who entered the Market. Some made big some made small but every Investor ended the Year with Gains. Indices went up like a rising SUN. But as we all Know the SUN has to set before it Rise again. That’s a routine process of SUN as we all are aware. Just like SUN Financial Markets also move in Cycles. And 2022 is 1 such Year where we would get a TOP of this CYCLE. A phase of a Long Term Cycle is Coming to an end in 2022. So We would get a TOP of this CYCLE in 2022 and a BOTTOM of this CYCLE would be made in 2023. Next 2 Years would be Exciting and Eventful for Equity Investors. Managing Your Investments would be a Key. Particularly in this Year Making Money won’t be a easy job especially in the second half. Because according to the TIME we could get a CYCLE top in first half of this Year. There would be a Process of Topping out which would take its TIME. AFTER COMPLETING that Process we would see market correcting significantly from its TOP. We Also can figure out Exact Month for Top and Bottom. If You also understand the Calculation of Long Term Market Cycle. Not only this Cycle it’s extremely easy to Calculate Timing for the Top and Bottom for other upcoming cycles as well. Just to give you a hint the beginning point of the long term cycles are based on Number 6. This May help you with your research on these Time Cycles. And during your Research if you find years of 1900,1929&2008 as Cycle bottom years and Year 2000&2007 as Cycle Top Years. Then you are on Correct Direction. I had only discussed the Time Factor here Price Factor is Totally a different subject would look to discuss that some other day. The Months of January March August and November would be Important for NIFTY. Would again say nothing is Happening in few weeks there is still Time Left before we Press sell buttons. For swing Traders it’s still fine but for Long Term Investors it’s not a good time to invest large some of money you will get that opportunity during the course of next 18 months. That would be a best time to accumulate stocks and generate Huge wealth from Markets.

Julius Caesar, the emperor of Rome, was the first to declare Jan. 1 the beginning of a new year.

Naming the month after Janus, the Roman god of doors and gates, beginnings and endings.

Janus had two faces, one looking forward and one looking back. So you learn from your past and look forward to your future.

With this trivia. Season greetings to all. You have 365 blank pages, write a good one. Wish You all a HAPPY and Safe Mew Year Take Care I saw several requests for participation. So in case you find it tough to comment. Feel free to connect me using WhatsApp at 00919687005180. Can connect regarding any other Queries as well.

HDFC BANK giving Triangle breakout could test 1515 and 1550 on cash. Worth Keeping a watch.

HDFC BANK. Was Quick enough to Complete the Triangle Pattern Target of 1515 on cash. In this process there are multiple cycle breakout. Whose Targets are beyond 1555 and 1610. Overall setup is buy on dips. View posted last Friday.

RELIANCE. Have a Complicated structure. But Just to keep things simple here. Keep an eye on 1 level on cash. The level is 2310. As far as this level is protected on closing basis. It can test levels of 2455 and 2510 on Higher side need to be Watchfull. Setup has been Defined clearly.

WIPRO. Went on Expected lines. Today Completed the Pattern Target of 718. Cycles are still Trending on Upside here. 2nd Target of 750 shall also be tested but can take TIME. View Posted on 23rd DECEMBER.

BSOFT
Achieved the Channel Target of 540. Tracking this since it was near 430 on 10th of NOVEMBER 2021
IT achieved the Pattern Targets till 494 on 18th NOVEMBER. But we decided to wait until the Hexagan Target of 540 gets achieves. And it achieved during adverse market conditions.