NIFTY, is now moving above expectations
But this is not happening for the first TIME
it happened in past would certainly happen in future as well
Last time, this happened in april this year
The technical problem for NIFTY since 18th,july is VIBRATION PATTERN
once it turns, PRICE wont take much time to aline with major cycle
Pattern support for NIFTY has turned up from 16,380 to 16,790 on spot
Once 16,790 breaks, Prices would turn
On 19th,july I explained the extension of bullish HARMONIC CYCLE till 1st,august
We are almost completing that TIME CYCLE, accross markets on MONDAY
And as I mentioned in my earlier posts, the next HARMONIC TIME CYCLE cannot be bullish
Because 3,cycles doesn’t move on same direction
Bare market rallies are fast and furious
Until 16,752 I was convinced
Above that its irregular upmove
Let’s see how far it goes
As far as trades are concerned, I continue to hold september puts
Since I only take less then 30% exposure of my trading capital on such directional trades
I can manage such voletility
Holding only options so wont look to hedge.Have advice traders individually how to manage trades based on their trade instrument
So far in 2022 have not booked loss in such TIME based trades
Last time I booked loss in such trade was in december 2021
Would look forward to continue this winning streak
Let’s assume that, this view does not go well
Then also I would get exit at my cost
Unfortunately TIME have no alternates, so it does not care what the price is
There is still no bullish case in broader TIME CYCLE
Sounds silly but true
I have made greatest of profits by only using the TIME CYCLES
Using it since years
Would defenetly UPDATE if I rotate my expectations
Dont think have to do it, let’s see
Markets are here to stay

NIFTY, is just reacting to an event
I wont reed much into this upmove, as posted earlier in the week, ultimate test for all markets on TIME front would be from tomorrow
29th,july and 1st,August are 2 very critical (TIME CYCLEDATES)
Not a TIME to turn bullish
price Wise yes, NIFTY have managed to protect its PATTERN support of 16,380
But it’s only a matter of TIME before this level is broken
And this would be broken, with or without any news,flow
Just need to have that patience
And you only can stay calm, and patient, when you manage your risk wisely
Stress and anxiety would only happen if your trade management is greedy
Respect risk
Markets would be fine
I continue to maintain my stand

SBI, looking very attractive
On short side ofcourse
I really dont mind, how it’s looking on charts
For me it’s a sell
But as trader I know my limits
Would consider september 500 put
Going forward, all banking stocks, including SBI should move down
It’s totally a TIME based trade
Would expect Targets of 455 and 425 till september
This should find its TOP soon

NIFTY, giving early indications that, the counter trend bounce, which started from june lows is finally coming to an end
A daily close below 16,610 which was 22nd,july low is flashing bearish signals in short-term TIME CYCLES
So TIME indications are very clear
PRICE-WISE 16,380 needs to break, but should break gradually
MARKETS, have to deal with an event tomorrow, once that event passes, expect markets to turn down in a Trending fashion
Watchout for extreme volatility from here
Manage positions wisely
NIFTY is ideally turning towards JUNE lows
A clear sell on rallies market
Let’s see whether we get rally or not!

$S&P;500; seems starting its next leg on downside
Whatever comes out from FOMC meat tomorrow, trend is certainly going to turn south
After initial volatility, U.S. MARKETS looks set to turn,down sharply lower
On S&P, my long pending Target is 3540 which I have shared multiple times in past
In upcoming fall, I expect S&P, to test this level
My actual targets are way lower below 3540
But for now going step by step
The TIME degree in which markets across the world are in for the rest of this year is certainly going to thrill many Traders
Fresh lows are certain, but 1 rally is also due which would be very, very, destructive
More on that when I see that coming
But for now let market correct, and as Traders enjoy your shorts
Everything so far has happened as per NATURAL LAWS, Dont, fall for pointless fundamental justifications

NIFTY, have to close below Fridays low, to turn the short-term TIME CYCLE Bearish. On PRICE front NIFTY have PATTERN support at 16,380 on spot. We are at the last stage of this bounce, whether the top has done at 16,752 or there is 1,more higher high pending, that depends on whether the pattern support holds or not.Ideally I expect, all these criteria would be obtained in next few days
The ultimate TIME test would be on 29th,july and 1st,august
Which co-insides as next VIBRATION DATE and HARMONIC TIME CYCLE date
This extended bounce was triggered by HARMONIC CYCLE, On 18th,July
When NIFTY broke 16,276
After 2,positive cycles
3rd,cycle cannot be positive
Sentiments has turned positive after this rally
Historically this is the best time to dicieve The majority
Let’s see how this plays out

NIFTY BANK
Setting up a perfect Trap
Retail traders forget things very quickly
There is nothing new under the SUN
These traps happened in past
Certainly would happen in Future as well
Doesnt mean we go and buy them
I always prefer to buy options
Would consider SEPTEMBER PUTS
1 point which gives me such confidence is the MASTER TIME CYCLE
Which is signalling extreme bearishness going forward
There is no bullish case as far as TIME is concerned
So sooner or later PRICE have to aline with TIME
I am not willing to give 500 or 1500 points of Target
This TIME I would share only 1 Target
That’s 32,155 on spot
Yes for now keeping options open for 38100 for this pullback
It may or may not test 38,100 but I want to keep options open to add shorts
View, narrative and structure would remain bearish
Because it’s based on TIME
I maintain my long standing bearish view on BANKS
LAST week I posted bearish view on few stocks
From which KOTAK and ICICI dint gave sell conformations
HDFC remains week
And on INDUSIND it missed Target and was stopped out earlier in week
AXIS also wasn’t promising on downside
This rally is coming to the point where it is inviting us to challenge it
Sounds crazy but I would do it happily
Managing my risk
Would add shorts
Let’s see

NIFTY, has crossed 16,660 which I shared earlier as HEXAGON level
Now NIFTY has to break 16,200 to confirm the HEXAGON breakdown
For the Targets which were shared earlier
Since today is the VIBRATION date
A close below todays low, whatever is made during the day would make TIME CYCLE bearish for short-term
Anyways As per HARMONIC TIME CYCLE, NIFTY, is likely to find the Top for this bounce next week
No point projecting price focus is mainly on TIME
U.S.MARKET
Too are completing price objectives for the counter trend bounce
Intresting to watch from here
As an INVESTOR dont get carried away with this bounce on NIFTY
Even if it goes towards 17,000 then also structure would remain bearish for medium term
That is not going to change

RELIANCE seems completing its counter trend bounce objective of 2560-2620
Todays high so far is not enough
Needs to go little bit higher to put us in a comfortable position to go short once again
This time Targets would be 2100
But would take time
Few patterns do take time to play out
So need to have patience for that
Would watch RELIANCE closely
Few judgements has to be taken in real time
Let’s observe how far it goes

NIFTY have next TIME test on Friday
Explain in detail yesterday
No point discussing same points again
For short-term cycle to turn down markets have to close below a VIBRATION DATE low
Nearest VIBRATION DATE for this market is on Friday
So till then this rally should continue
On price front 16,660 is a (HEXAGON PATTERN) level
I would prefer NIFTY to test it, and then break 16,200 once this happens, it would signal, A classic HEXAGON breakdown
Once this activates the HEXAGON structure would signal, 15770 and 15,380 in coming weeks
All these things you should focus only if your view is for short-term
If you are a medium term trader, should leave for monsoon holidays
Come back on 1st,august
Till then need to relax
Similar traps happened earlier in January and April
Everyone knows what happened then
Whatever top NIFTY makes in near term should be the top for H2 for 2022