NIFTY: When Price Moves but Structure Doesn’t

NIFTY: When Structure Matters More Than Headlines

Repeated testing of a support zone rarely strengthens it; more often, it gradually weakens the foundation. That principle alone explains why our attention remains fixed on structure and setup, not on the narratives circulating across social media.

What makes the current phase interesting is that despite a sharp sell-off yesterday and a recovery today, the market has not altered its technical character. Volatility has increased, but structure has not broken. From a technician’s standpoint, that distinction matters.

As long as NIFTY spot continues to respect the 25,372–25,472 support band, the broader framework stays intact and the market remains in a constructive state—even if price action feels uncomfortable.

From a time-cycle perspective, Feb 23 represents a minor timing window, while Feb 27 stands out as a far more meaningful cycle date. This latter date carries a higher probability for NIFTY to resolve the ongoing consolidation and choose direction.

For a clean upside resolution, the index must deliver a decisive session above 25,850. Until that condition is met, volatility is not a warning—it is part of the process, and range-bound swings are likely to continue.

Should the support band fail, the setup would not immediately turn bearish. Instead, the structure would become more complex, implying a delay in the bullish path rather than its cancellation.

In short, nothing essential has changed. Price is fluctuating, sentiment is reacting, but time and structure remain in control. The market will speak clearly—when it is ready.

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Geometry Favors the Bulls in NIFTY”

NIFTY: When Price and Time Speak the Same Language

NIFTY continues to respect price–time geometry with remarkable precision, and last Friday’s close was another textbook example of this phenomenon.

As I highlighted in my post last Friday, the move from the January 5 high at 26,373 to the February 1 low at 24,571 offers one of the simplest and cleanest demonstrations of Gann’s price–time squaring. The level 25,471 perfectly squared price with time, making it one of the most straightforward yet powerful applications of Gann theory.

What followed only strengthened the case.

The bounce from Monday’s low further validates that this was not a random reaction but a geometrically aligned reversal, reinforcing the argument for trend resumption on the upside.

What is especially interesting is how NIFTY has been reacting from exact mathematical levels after the January 5 peak:

The February 1 low at 24,571

The February 16 low at 25,372

Both occurred with near-perfect precision, and more importantly, the midpoint held on a closing basis. This is a critical condition in Gann geometry—and it was met cleanly.

What Does This Tell Us?

It tells us that the larger trend remains higher.
And when markets respect geometry this accurately, it usually means that the prior major high—in this case, 26,373—is likely to be taken out sooner or later.

That said, bullish structures often take more time to mature. Because of volatility and accumulation dynamics, upside progress is usually slower than declines—a point I had already mentioned in last Friday’s post.

Time Cycles: The Immediate Test

On the time-cycle front, I had identified February 17–18 as critical dates. For momentum to truly expand on the upside, NIFTY now needs a daily close above 25,828 (spot)—the highest high of this entire phase.

A daily close above 25,828 should accelerate the move toward new highs

Failure to do so would likely keep the index trapped in a consolidation band for now

A Developing Gann Structure: AB = CD

There is another very interesting setup forming within classical Gann geometry.

An AB = CD price structure is developing:

A → B: 26,373 to 24,571 (1,802 points)

C: starts from the February 16 low at 25,372

Projecting an equal move from point C gives a potential target near 27,174, which could unfold sometime in March.

For this projection to gain strength, NIFTY spot must sustain above 25,856 for at least one session. For now, this is an important level to observe from a structural and academic perspective.

Final Thoughts

Overall, the market structure remains strong and constructive. Price continues to respect precise geometric equations, which is never a coincidence.

One final point to note: tomorrow evening’s Supreme Court judgment related to Donald Trump tariffs could introduce short-term volatility if it materializes. If volatility does emerge, it should be viewed as a potential opportunity, not a threat, given the broader bullish structure.

All in all, geometry remains in control—and markets are pointing higher.

https://ganninsides.com/2026/02/13/nifty-at-the-midpoint-where-time-price-and-patience-converge/

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NIFTY at the Midpoint: Where Time, Price, and Patience Converge

When Noise Is Loud, Geometry Speaks Softly: A NIFTY Perspective

As I mentioned in my Wednesday NIFTY update, everything on the time and geometry front was properly aligned. What we needed next was price confirmation.
That 48-hour window was extremely important. Price failed to confirm—and the market responded in the only way it knows how: by snapping back a few points.

That, in itself, is information.

The Structural Shift

The move below 25,752, the 1×1 Gann angle, has changed the character of the index.
What was an extremely bullish phase has now transitioned into a sideways-to-consolidation structure.

This doesn’t imply weakness.
It simply tells us that time has stepped in.

Whenever price loses a 1×1 angle, momentum pauses. The market stops trending and starts absorbing time while preparing for the next alignment.

Why Today’s Close Matters (Circular Arc Logic)

Now comes the important part.

A close above 25,667, which is the circular arc level, would be significant.
If achieved, it would mark the first weekly close above the midpoint of its circular arc in quite some time. The last such occurrence was on January 2, 2026.

For those who understand market geometry, this is not a small detail.
A weekly close above an arc midpoint often reshapes the intermediate-term structure.

Let’s Strip This Down to Simple Geometry (No Arcs, No Angles)

Now let’s step away from angles and circular arcs and look at this through pure, simple geometry—especially useful for beginners.

Take the move from the January 5 high at 26,373 to the February 1 low at 24,571 and treat it as one complete shape.

Price range: ~1,801 points

Time duration: 27 days

Now apply the most basic rule.

Divide both price and time by two.

Time:
27 ÷ 2 = 13.5 days
Adding 13.5 days from the February 1 low brings us to February 14.
Since February 14 is a Saturday, Friday becomes the effective midpoint date.

Price:
1,801 ÷ 2 ≈ 900 points
24,571 + 900 = 25,471

So 25,471 is simply the price equivalent of the time midpoint—
nothing to do with arcs, angles, or momentum.

How to read this level:
As long as NIFTY holds above 25,471, price is respecting time balance, keeping the broader structure bullish.

Despite the Noise, the Stance Remains Clear

So yes—despite all the noise, we still have valid reasons to remain bullish.
Not aggressively bullish, but selectively bullish, just as we have been over the past few months.

We were expecting new highs, and we continue to expect new highs in the near future, despite all the drama around the NIFTY IT pack.

One timeless rule of geometry must be respected:
parabolic moves are never sustainable.

When momentum cools, price doesn’t collapse—it resets. And once momentum realigns with the trend, the move often accelerates sharply.

Patience for confirmation is the real edge.

A Word on the Saturn Transit (February 14)

There’s also a lot of discussion around the Saturn transit happening on February 14, with many calling for a mega crash.

Here’s a simple astrological perspective.

In astrology, it’s usually the first move that matters most.

Saturn entered Aries in late March 2025. Markets already reacted to that shift, which we clearly saw in the first week of April when indices corrected sharply. That was the initial Saturn impact.

Because of this, it’s unlikely that the same Saturn energy repeats with the same magnitude again.

I’ve been following tropical astrology for many years, and this is how I interpret it.
Right or wrong—only time will tell.

Final Thought

As an analyst, you can only take a reasoned stance.
As a trader, your real protection lies in risk management, especially during volatile phases.

If you’re right, money gets made anyway.
If volatility rises, discipline keeps you in the game.

For now, we stay calm, selective, and patient—
letting price confirm what time has already suggested.

Let’s see how things unfold.

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NIFTY IT Index at a Critical Gann Support: A Make-or-Break Moment”

NIFTY IT INDEX – Entering a Crucial Gann Support Zone

Today has once again been a heavy down day for the NIFTY IT Index. The weakness in the index began from February 4, and since then price has been moving lower in a steady corrective cycle. The break below the key 34,500 support confirmed that the trend had shifted into a time-price correction.

On February 4 itself, the index was already down nearly 6%, and the decline has extended further since then.

From a Gann perspective, the index is now approaching a very important time and price confluence zone between 32,500 and 33,000. This is not just a random level – it is a region where multiple price counts, angles and historical support structures align.

According to Gann principles, markets often complete corrective phases near such natural vibration points. That is exactly why this zone carries so much importance.

Right now sentiment is extremely negative, and fear is visible across the board. But Gann always taught that major opportunities emerge when price reaches key mathematical supports while pessimism is at its peak.

The focus from here is simple:

We are not trying to catch a falling knife.
We are waiting for the market to confirm its hand.

What we need to see is:

  • Stabilization around 32,500–33,000
  • Reduced volatility
  • Clear base formation in both price and time

If these conditions develop, it would indicate that the current down cycle is completing.

And if we are right with our Gann calculations, then the result could surprise everyone in the market – because a reversal from this precise zone has the potential to take the IT index back toward fresh record highs in the weeks ahead.

Once proper confirmation emerges, we will look to take aggressive long positions in frontline IT leaders like:

TCS, HCL Tech, Wipro and Infosys

Until then, the discipline is to respect the process of Time and Price.

Gann’s golden rule applies perfectly here:
“Wait for the market to prove the turn – not predict it.”

We stay patient.
We follow the levels.
And we act only when the signal aligns.

https://ganninsides.com/2026/02/04/nifty-it-crash-history-of-recoveries-after-panic-days/

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NIFTY – Poised for a Powerful Move

Nifty continues to hold an excellent structural setup. As long as the daily arc levels remain intact on a closing basis, the index is comfortably placed in bullish territory. From a pure geometrical perspective, there is absolutely nothing alarming on the charts right now.

The most important line in the sand is the 1×1 angle at 25,752. As long as this level is defended on the downside, the trend remains firmly in control of the bulls. In simple terms – if supports hold, the path of least resistance is higher.

That said, the next 48 hours are extremely crucial.

Friday’s close will be the key trigger. We require Nifty to close above 25,667 to deliver a strong weekly confirmation on the geometrical setup. If this happens, the stage will be perfectly set for an aggressive upside move next week.

On the upside, the 26,200–26,300 zone remains a major resistance band – a wall the market has tested before. But this time, the setup looks mature enough for a breakout. Once 26,373 is decisively taken out, the entire market structure shifts into a fresh bullish gear, and we could be entering a very strong trending phase.

Time Cycle Edge:
If current supports continue to hold, then February 17–18 stand out as the prime window for Nifty to conquer new highs. These dates align beautifully with our price–time geometry and could mark the moment of expansion after this consolidation.

So to sum it up:

  • Supports are strong
  • Geometry is favorable
  • Breakout setup is building
  • Time cycles are aligning

All signs point toward a market preparing for its next big leg up.

Now we wait for price to confirm.

NIFTY – Geometry Suggests Controlled Strength Beneath Resistance

The geometrical setup in Nifty is currently very precise and technically compelling.

Today’s intraday high was achieved exactly at the midpoint of the circular arc projected for the day – a level that aligns perfectly at 25,921 on spot. This same midpoint level remains valid for Tuesday, February 10 as well. However, from Wednesday onward, the geometry begins to shift lower, and these reference levels gradually start declining.

The key arc-based support levels for the coming sessions are as follows:

Wednesday, February 11: 25,856

Thursday, February 12: 25,747

Friday, February 13: 24,667

The interpretation of these levels is straightforward yet very important – on each respective day, Nifty needs to sustain and close above these values to keep the present bullish structure fully intact.

Below these geometrical price–time levels, expect a sideways to consolidation trend to persist. In other words, unless the index convincingly holds above these supports, upward momentum is likely to remain capped and range-bound behavior can dominate.

Think of the January 5th swing high of 26,373 as the main target on a mountain peak. These geometrical levels act like base camps on the climbing route. As long as the index keeps holding above each base camp, the path toward that final peak remains safe and open. This is also the reason why, despite positive momentum, the market may feel as if it is getting temporarily “stuck at highs.”

Adding another critical dimension, the 1×1 Gann angle projected downward from the January 5 high of 26,373 currently stands at 25,752 on spot. This angle represents the line of equilibrium between price and time. To keep the ongoing bullish setup absolutely intact, the index must respect and hold above this 1×1 angle on a closing basis. Sustaining above it would significantly improve the probability of reclaiming the 26,373 high in the immediate future.

From a time-cycle perspective, geometry is also highlighting three important dates ahead:

February 17

February 18

February 20

These dates emerge as critical turning points based on time intersections calculated from recent lows, and they are likely to produce meaningful volatility or directional moves. Traders should remain alert around these sessions.

To summarize – the broader structure continues to remain constructively bullish. Price, time, and angle are currently aligned in favor of the bulls. As long as the index respects the above-mentioned geometrical supports and the 1×1 angle at 25,752, nothing materially negative is indicated on the charts.

What we are witnessing at the moment appears to be a healthy consolidation beneath resistance rather than any form of reversal.

For now, patience and discipline are key. Let the geometry guide the trade.

NIFTY IT Crash: History of Recoveries After Panic Days

A word on the NIFTY IT Index — today’s near 6% intraday fall looks frightening at first glance. But markets have a memory, and history shows that such sharp one-day washouts in this sector have rarely been the final chapter. More often than not, extreme panic days like these have been followed by meaningful recoveries.

📉 Similar moments from the past

While a 6% single-day decline feels dramatic, the IT index has gone through comparable phases before:

September 2025 – Visa policy shock:
Sudden negative headlines triggered an almost 4% intraday drop in NIFTY IT. Sentiment turned completely bearish for a brief period — yet the move proved temporary, and the index gradually recovered in the weeks that followed.

February–March 2025 – Global tech scare:
The index fell more than 12% in a single month, with several sessions seeing 2–3% cuts. At that time too, fear dominated the narrative — but the cycle eventually turned, and prices stabilized and bounced back.

Keeping today’s fall in the right perspective

Big technological shifts like AI do not rewrite decades-old industry cycles overnight.
Markets swing between fear and optimism, and extreme days like today are usually emotional reactions rather than lasting changes.

Experience tells us that after panic drops of this nature, the NIFTY IT index has taken around 120 days on average to recover meaningfully. These falls are typically driven by sentiment and positioning — and once the panic settles, the normal cycle of recovery begins.

Levels that matter now

Strong support sits around 34,500.

If this level holds on an end-of-day basis, a quick and sharp recovery is very possible.

If 34,500 breaks decisively, there could be more short-term pain — but even then, history suggests that a stronger recovery phase usually follows.

How to approach this market

For short-term traders: the environment is currently risky and highly volatile.

For investors with a 3–6 month horizon: moments like these often turn out to be opportunity zones.

Days of extreme fear are frequently closer to exhaustion points than to the start of new downtrends.

Bottom line:
Today’s 6% crash in NIFTY IT feels unsettling — but it isn’t unusual in the larger market cycle. Such panic phases have come and gone before, and they have typically been followed by steady recoveries. Staying calm and patient has historically paid off far better than reacting in fear.

Conviction in Corrections: The Nifty Story”

On Nifty – My View Since the Budget Day Selloff

After the Budget speech on Sunday and the sharp selloff that followed, I clearly expressed my view that Nifty has either already made a bottom or is extremely close to forming one. The overall structure suggested that the downside was largely exhausted, and from there the index had the potential to generate a strong and swift move on the upside.

Even yesterday, in my communication with clients, I specifically discussed taking selective long entries in quality stocks. This was not a sudden shift in stance – it has been a consistent view right through this entire correction.

Since the beginning of this decline, which started from the January 5th high, I have maintained one clear position: this fall is a temporary pullback within a larger ongoing uptrend. My belief has always been that Nifty remains well poised to make further higher highs in the months ahead.

Adding to that, the cycle calculations that we have been working on for weeks have given us significantly higher targets on Nifty – numbers that, at this moment, most people would not agree with or even imagine possible. I have already shared those targets and the logic behind them with my clients. Based on that understanding, I have been steadily adding bullish positions in indices and select stocks throughout this entire pullback phase.

Now coming to today’s price action – as far as today’s gap up is concerned, that was not in my expectations at yesterday’s close. Even to my clients, I had clearly marked February 4th as a critical date for a potential turn. The move has started earlier than anticipated, but that matters less for existing positions.

However, for fresh short-term entries, it becomes a tougher call now.

What is important is this – today’s gap is technically very significant. It appears to be a classic breakaway gap. To give you some background, in Nifty’s history we have seen similar breakaway gaps in early December 2023 and again in late July 2022. Those gaps were never filled, even as of today.

The purpose of mentioning this is to highlight how powerful and meaningful such gaps can be going forward.

At the same time, today’s gap is still a work in progress. For it to gain further strength and confirmation, the index still needs to take out today’s high decisively.

Once that happens, Nifty would effectively be in open blue skies with accelerated momentum. And in my view, that would only be the beginning of the larger rally I have been anticipating.

One thing the market has taught us over the years is simple – never mess with momentum.

So let’s see how it unfolds.

What truly matters is this – even at the worst point of sentiment, when news flow, price action, and emotions were completely against a bullish thesis, I did not change my stand. I kept repeating the same message with discipline and conviction.

Markets test patience, not logic.
And this phase looks no different.

https://ganninsides.com/2026/02/02/structure-is-improving-risk-still-lives-nifty-at-a-decision-point/

Structure Is Improving, Risk Still Lives — Nifty at a Decision Point

As we discussed yesterday, Nifty has most likely put in a bottom around 24,571 — or at the very least, we are extremely close to the low we’ve been waiting for over the last few sessions.

The way price has behaved tells an important story. Despite all the noise and pressure, the market has absorbed selling surprisingly well. That said, let’s stay honest and disciplined here.

👉 As long as Nifty does not reclaim and sustain above 25,200, the risk is still very much alive.
Until that level clears, this is not a confirmed reversal — it’s a market trying to find its footing.

On the time-cycle side, February 4 really stands out. These time windows often show up when selling is tired and emotions are stretched — and that’s exactly the environment we’re in right now.

What’s interesting is the global picture as well:

The kind of liquidation we’ve just seen in precious metals usually doesn’t go on forever.

More often than not, it’s followed by stability and rotation, not another straight-line fall.

If that’s the case again, Feb 4 could mark the point where things start calming down.

📌 How to think about this phase
This is not the time to chase headlines or panic with every tick. It is the time to start looking closely at selective stocks, building positions slowly and smartly, while keeping risk tight.

We don’t need to be heroes calling the exact bottom.
We just need to be ready when the market admits it.

Let price do its job.
Let time play out.
The next few sessions — especially around Feb 4 — should be very telling.