NIFTY coming out of annoying consolidation
Through out last few days NIFTY managed to protect 17,400 which was the most critical level! Highlighted this level several times in last few days!”
There wasn’t tactical short trade above 17,400
So what’s possible then? Assuming that NIFTY will close above 17,765, then it would trigger a breakout on TIME, which can take NIFTY above 18,100 on spot, till 14th,september!”
For this upmove 17,550 would hold the key
This perhaps should be the final move on upside which possibly would end under January highs! Would take it in real time
Would focus only on INDEX for this move
Because I have different assessment for future!”

DXY holdedhttps://ganntradersaahil.wordpress.com/2022/08/23/dxy-view-2/ 107, and printed 110.50 as expected! Needs some consolidation here. Else next stop is at 112. The rally in DXY is disturbing setups of precious metals!”
More DXY stays above 110, more possibility persists for printing 112 within 2,weeks
All developed markets have negatively co-related with this upside of DXY
Historically such strong $ has resulted in unwarranted catastrophi economically!”
Let’s see what happens this time
DXY is nowhere near done for long term, short-term it can go side-ways
And for long term, I mean few years, not months
Intresting, very interesting times ahead for markets and economies!”

NASDAQ was showing early signs of reversal on 9th,august
12,855 was a critical level, but market made 1,more high above that before turning down
On post dated 9th,august,2022 I shared view of multi-pattern breakdown below 12,280-12,080 zone!”
1 month down the line things have changed
People were ultra-bullish when 13,000 was taken out on NASDAQ
But reality is on our screens today
There is only 1 thing constant in universe, that’s (TIME CYCLES)!”
NASDAQ have striked down 11,550 the level which was discussed as potential target below 12,280-12,080 zone next target is 10,800 but would take time!”
If NASDAQ starts sustaining below 11,400 then it would signal extreme weakness in near term
For slightly medium to long term I have nasty projections
But for now let’s take it step by step!”

NIFTY posted an Intresting high today
So the rules for the Game is straight forward
A daily close is required, above today’s High or below Todays Low! Sit and relax until this Happens!

NIFTY maintaining safe distance from 17,400, the level which we had been focusing on since last week! More time NIFTY stays above 17,400 more it would keep everyone convinced, that it has made a solid base at 17,100
But for now keep chasing the short-term moves!”
As I posted on friday, tactically don’t short this market until 17,400 is not taken down
Every passing day is making this level more stronger! So as traders you have absolute clarity what is possible as long as NIFTY stays above this level!”
There are multiple patterns which are playing out at current levels, in INDIA and U.S.
Both are moving parallel, so INTER-MARKET co-relations have gone horribly wrong since the start of previous week! Let’s avoid macro factors for now!”
Technically INDIA is playing out slightly different pattern from other markets
The end result would certainly end up on negative side for markets
But until cycles sinks these markets can keep moving on parallel tracks!
NIFTY BANK have gone above the august highs
NIFTY also can take out August high of 17,992
Just have to full-fill 1 TIME criteria of, a daily close above tomorrow’s high
Since tomorrow is a VIBRATION DATE, the HIGH&LOW of tomorrow would be very critical!”
The real game of fire would begin from week: starting from 12th,september
From 12th as trader you have to take a stand on markets what would be the next move
Everything would be on edge from 12th
Avoid writing OPTIONS specially PUTS: rest what happens, let’s see!”

NIFTY; is forming INNER-INSIDE days within Tuesdays range! Makes no sense tactically to short until 17,400 breaks! At times we have to look things objectively not subjectively, or we want them to see
Mentioned levels yesterday!

Sharing TIME CYCLE DATES for SEPTEMBER! (VIBRATION DATES=6th, 14th,22nd, and 30th,september)! HARMONIC TIME CYCLE DATE would be 12th,september PATTERN DATE would be 12th, and 29th,september! TIME SQUARING DATE would be 16th,September! On week front, week starting from 12th september and 18th September would also hold meaningful significance! Because it completes HEXAGON CYCLE on weekly scale
September won’t be an easy month
Let’s see how it shapes up from 12th September! Dates and Weeks applicable across markets!:

The way; NIFTY BANK is moving since morning: from 700 down to 800 up,then again 600 down
Followed by another recovery is good enough to disturb option writers
Dispite of all such yo-yo NIFTY have managed to protect 17,400 so far!”
Let’s mark levels precisely
Between 17,400-18,000 this yo-yo will continue
Below 17,400 weakness persists
And above 18,000 strength will prevail
Manage your risk, that’s the only way to servive in this market!”
Sticking to our long term objectives
Any longs should only be limited to INDEX
No trades on stocks until setup flushes out the last BEAR on street
Market will play out very dangerous pattern if it takes out 18,000
But who cares!! Let’s see!”

NIFTY have to sustain below PATTERN POINT of 17,400 on spot to turn down convincingly
This volatility would make you crazy; if you try to make any sense of it
Tom is a very critical TIME CYCLE date
Need to watch very closely!”
If NIFTY does not sustain below key levels then there is a possibility that; NIFTY breaks 18,000 and go somewhere near 18,350-18,500 before turning down drastically
Obviously need to watch how NIFTY behaves near pattern points
Need to stay on edge
No change in long term structure anyways!”

$S&P;500 Holded the most important level of 4,070 in majority part of August but finally gave up on 26th,aug
So far the month of Aug for S&P; is like 4100-4300&4,300-4,100! So nothing really happened throughout the whole month!”
Still it kept everyone on edge of their seats
The debate on fresh BULL-MARKET for U.S. MARKET was in air till last Thursday
But 1 day decline shattered all such thoughts
Still markets are not at that point where everything sinks dramatically
We are not there yet!! But would reach there in few weeks from now
Before that if S&P cash prints 4,080 then there is a possibility for a lower high around 4,200 before further expansion on downside
Medium term objective remains at 3260
Let’s see how it goes there!: