The April 24th cycle has arrived exactly as anticipated, serving as a critical juncture for the current market trend. While a pullback might unsettle the impatient, it is actually a vital component of a healthy, bullish texture. This dip isn’t a breakdown; it’s a strategic opportunity to accumulate, provided the execution remains grounded in the “Buy on Dips” philosophy that has consistently outperformed in this environment.

The Battle of the 1×1 Angle

The defining technical struggle right now sits at 24,100 on the Nifty Spot.

• The 45-Degree Barrier: The index has slipped below its 1×1 Gann angle, signaling that time is currently exerting more pressure than price action can offset.
• The Consolidation Phase: As long as the index remains below this 24,100 threshold, the market is in a holding pattern. Expect further sideways churn and minor pullbacks as the bulls attempt to regain their footing.
• The Reclaim: Once this angle is regained, the momentum will shift from “corrective” back to “aggressive.”

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Support Zones and Timing

Precision in identifying the floor is what separates a successful entry from a caught falling knife. The immediate downside support is firmly established between 23,800 and 23,740. This zone represents the line in the sand for the current uptrend.

Strategic Depth: Success in these long trades requires more than just picking the right price; it requires picking the right duration. Resilience is built by allowing trades that “extra bit of time” mentioned back on April 15th. This buffer protects against the volatility that often precedes a major cycle turn.

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The Road to May

The upside objectives remain unchanged and entirely valid. The current volatility is simply the market “shaking the tree” before the next significant time window arrives in the first week of May.

The blueprint is clear:

1. Monitor the 23,740 floor for stability.
2. Watch the 24,100 angle for the signal that the consolidation has ended.
3. Utilize the current dip to position for the May surge.

The bullish structure has plenty of time to reach its targets. The current consolidation is not a reversal—it is the prerequisite for the next move higher.

Nifty Breaks the Gate — Bulls Now Eye the Next Expansion Phase

Nifty has finally done what it needed to do — it has decisively cleared the long-watched 24,303 to 24,450 resistance zone. In my previous notes, I repeatedly highlighted this band as the key hurdle for the index, and now that it stands conquered, the message from price is loud and clear: the rally is ready to enter its next phase.

This breakout materially improves the structure and opens the possibility for significantly higher levels over the coming weeks. But as always, the smartest way to approach a strong market is one step at a time — let price keep confirming.

What makes today’s move even more important is the timing. I had earlier discussed April 20 as a major cycle date, and Nifty clearing a critical resistance exactly around this window is a very constructive signal for the bullish case.

Now the focus shifts to April 24 — and this is no ordinary date.

April 24 stands out as a massive cycle junction, where multiple time clusters are converging together. When several counts meet on the same day, markets usually deliver meaningful moves or important signals. How Nifty behaves around this window will be worth watching very closely.

One thing, however, already looks certain:

This is a buy-on-dips market.

At some point, there will be a dip — markets never move in straight lines. Whenever that comes, it should be treated as opportunity rather than fear. Until then, the strategy remains simple: buy fresh weekly higher highs, and add more whenever a healthy pullback arrives.

This market still appears to have both time and structure on its side to travel meaningfully higher.

Upside Roadmap Ahead

For future reference, here are the key objectives:

• Until May 15: Nifty should look to move above 24,989
• Until June 18: Nifty could comfortably challenge and potentially exceed the January 5 all-time high of 26,373

There is another interesting layer here. If we draw a circular arc connecting the February top, March top, and April bottom, these dates and trajectories align remarkably well. Nifty has already responded impressively to circular arcs in recent months, so it will be fascinating to see whether that pattern continues.

And in a stronger-than-expected market, these objectives may be achieved well ahead of schedule.

Today’s Hidden Technical Achievement

There was one more important development today that deserves attention.

For the first time since mid-February, Nifty has successfully reclaimed its 1×1 angle from the January top.

That means the key 45-degree geometric barrier has now been captured. Once that happens, the next natural progression becomes the 30-degree angle, which currently projects into the 24,800 to 24,850 zone on spot.

Closing Note

Resistance has been broken. Time cycles are aligning. Geometry has turned supportive. Momentum is expanding.

The burden of proof has now shifted to the bears — because unless price says otherwise, every dip now looks like an invitation, and every breakout like confirmation.

Nifty Missed 24,303 by Just 23 Points — And Sometimes That Matters More Than It Looks

At first glance, missing a level by just 23 points may seem insignificant. In markets, many would call it “close enough.”

But when price is moving through a geometric structure, precision matters.

Nifty marginally missed the crucial 24,303 print in today’s session. As discussed earlier, this is unlikely to alter the medium-term setup, which continues to remain bullish. So from the bigger-picture perspective, there is no real damage done.

However, on the immediate-term front, today’s action does carry weight.

The near-term structure had turned extremely bullish, and that extra layer of bullishness now comes under some threat after today’s failure to print 24,303. Even though the miss was narrow, a miss is still a miss.

As a student of geometry, one must always respect precision over approximation.

What It Means Going Forward

Markets are still bullish, but the speed of the advance should now slow down sharply.

And frankly, that would be healthy.

Nifty has already rallied more than 2,000 points in just 8 trading sessions, so there is nothing wrong with momentum cooling off and the market taking a more measured path higher.

That said, conditions are likely changing:

• The aggressive long setups that worked smoothly over the last few sessions may stop working as easily.
• Timeframes may begin to expand.
• Patience will likely be required while holding long positions.
• Buy the dip should still remain the preferred strategy unless structure changes materially.

The Key Zone That Decides Everything

Resistance for Nifty Spot still stands at:

24,303 to 24,450

The next phase of this rally depends entirely on how price behaves around this zone.

If bulls manage to clear it decisively, then a move toward 24,800 becomes a realistic possibility.

Global Assets Still Aligned

Across global markets, the broader roadmap remains intact:

• Brent Crude Oil still looks positioned to decline toward 75, and potentially 66 on a slightly medium-term timeframe.
• S&P 500 has already achieved the upside target of 6,950 discussed earlier.

Next Trigger for SPX

• A daily close above the January 28 high of 7,002 would likely open the path toward 7,400+ in the coming weeks.
• Failure to secure a close above 7,002 would make consolidation the more likely outcome.

April 20 — The Next Time Cycle Date

Before all of that, April 20 stands out as the next important date on the calendar.

And this is not just relevant for Nifty. It also carries significance for:

• S&P 500
• Nasdaq Composite
• Gold
• Silver
• Commodities broadly

Why?

Because April 20 stands out as a pivot date measured from the April 7, 2025 bottom, making it a potentially influential cycle point across multiple global assets.

Final Word

The trend is still bullish. The structure is still alive. But after today, the market may demand more patience than aggression.

Momentum built this rally. Precision will decide the next leg.

Now the clock starts ticking toward April 20.

Nifty continues to hold a bullish tone for now, with no meaningful change in the circular structure I had highlighted earlier. The broader framework remains constructive, and until proven otherwise, bulls still retain control.

However, for this current bullish setup to remain fully intact, the market would ideally need to print 24,303 on or before the close of the April 15 session. That level now acts as an important short-term marker.

If Nifty manages to achieve it, the setup strengthens considerably — one of those rare moments where price structure and timing align beautifully for bulls. In simple terms, it would keep the path open for a very favorable continuation move.

If the 24,303 print is missed by Wednesday’s close, it would not damage the medium-term bullish structure in any major way. The larger trend would still remain positive. But in the immediate term, the sharp bullish essence of the move could fade for a couple of weeks, bringing a more cautious or slower phase into the market.

I have remained bullish for some time now, but if Wednesday passes without that trigger level being met, I would turn slightly cautious for the near term while still respecting the broader uptrend.

What makes this especially interesting is the timing ahead. Late April into early May looks particularly important from a cycle perspective and could create meaningful opportunities for traders.

Also keep an eye on April 20, which appears to be a potentially significant date not just for Nifty, but for global assets as well. More on that later.

Nifty Right on Track — Now Approaching a Crucial Test

Nifty has behaved exactly in line with what we’ve been anticipating on both price and time parameters. The expectation of 24000+ has played out almost perfectly, with the market now standing at a very important juncture.

A few key things to keep in mind from here:

1. Today’s Gap-Up Needs Follow-Through
   After today’s strong gap-up, it becomes crucial for Nifty to secure a daily close above today’s intraday high (whatever high is formed by the end of the session).
   If it fails to do so, it would hint at exhaustion at higher levels and could carry bearish implications in the near term.
2. Resistance Ahead — 24303 to 24450
   Once we get that confirmation, the next important resistance comes in the 24303–24450 zone, which aligns with the 1×1 angle from the January top.
   If this zone is taken out decisively, it opens the door for much higher levels on a positional basis.
   But for now, it’s important to stay grounded — one step at a time.
3. Circular Arc Setup Still in Play
   I’ve been consistently referring to the circular arc structure on Nifty over the past few posts, and that framework has effectively captured this reversal.
   As per this setup, Nifty still has the potential to take out the 24303 mark on or before April 15th.
   So this upcoming window becomes very important from a timing perspective.
4. Time Cycle Perspective
   On the time cycle front:

April 8th marked the completion of a higher-degree cycle arc date
The next similar higher-degree date comes on May 5th, 2026
As mentioned earlier, tomorrow and Friday are astro dates
From the circular perspective, the next key dates are:
April 15th
April 20th
April 24th

These are lower-degree arc dates, but they can still play a meaningful role, especially when they start aligning with price action.

Final Thought
Everything is unfolding with remarkable precision so far — now it’s about how Nifty behaves around these key levels and dates.

We are clearly stepping into a high-conviction zone of price, time, and structure.

Interesting times ahead. Let’s see how it plays out.

Time Cycles Align — A Defining Week for Markets

This is a very important week for both Indian markets and U.S. markets.

Specifically for Nifty, as I mentioned last week, this is a massive week from a time-cycle perspective. The broader framework behind these calculations is quite complex and not easy to explain in one go, so I’ll break it down into a few clear and important observations.

On April 2, 2026, Nifty completed 361 calendar days from April 7, 2025.
And as of today, April 6, Nifty has completed 90 days from its January 5 top.

Now, both these numbers carry significant importance in Gann terminology, and when such time counts start aligning, they tend to indicate that the market is approaching a high-impact zone.

Going forward:

April 7 and 8 are time arc dates
April 9 is an astro cycle date
April 10 is also an astro cycle date

So, effectively, we are stepping into a phase where multiple time-cycle intersections are clustering together. Historically, such clustering tends to precede a meaningful move or reversal in the market.

Interestingly, all these cycle intersections are currently pointing towards a potential market reversal. Now whether that reversal is upward or downward — that’s something only price can confirm. So let’s see how this plays out.

Price Structure — Clear Triggers and Supports

On the price front, the levels are quite well-defined.

A move leading to a higher high above 22941 would be a strong indication of strength, and could set up a decent rally in the immediate term.

At the same time, as long as the index continues to hold above the April 2 low, the structure remains constructive and bullish in nature. This is important because it keeps the index above 22044, which is the arc support I have been consistently referring to over the past few sessions.

As long as this 22044 support holds, the market structure suggests that we could be headed towards 24000+ within a matter of days. This has been my standing expectation, and I continue to maintain that view.

Broader View — Equities vs Oil

From a broader standpoint, my stance remains unchanged:

I continue to believe that equities are likely to resolve higher
While oil is expected to resolve lower

Let’s see how this unfolds — ultimately, the market will dictate the outcome.

U.S. Markets — Key Level to Watch

Even for the S&P 500, the structure is quite interesting.

A sustained move or print above 6652 should ideally set the stage for a rally towards 6950. That’s the level to watch on the upside.

A Subtle but Important Shift — Early Signs of Character Change

One very interesting development is unfolding beneath the surface.

So far, Mondays have consistently produced lower lows on the weekly charts — that has been the ongoing pattern.

However, today, that pattern has not played out so far.

If this continues and we do not see a lower low into the close, it would mark the first sign of a potential character change in the market. And typically, such shifts in behavior tend to act as early signals of a possible reversal.

In that case, there is also a strong possibility of a gap-up move, either tomorrow or on Wednesday.

Final Note — Let Time Do Its Work

All in all, this is a phase where time cycles are doing the heavy lifting.

We are entering a high-confluence zone, where multiple timing factors are aligning — and such phases often lead to decisive moves.

Now it’s simply about letting price confirm the direction.

Stay disciplined, manage your risk well, and allow the setup to unfold.

Because at the end of the day —
markets are supreme.

As discussed, a failure to follow through on the upside is not a bullish sign. It reflects a lack of price confirmation and underlying strength. That’s exactly what played out, so there are no surprises there. Post yesterday’s surge, Nifty went on to make a fresh low.

Yesterday was also critical from a time-cycle perspective. Nifty hit the precise midpoint of the time-circle arc constructed from the January and March monthly highs. Because of this, yesterday’s high becomes extremely important—both on the parameters of price and time.

Going forward, on the price front, 22044 (spot) remains the key arc support. Technically, that level is still valid. However, I would avoid taking overnight positions—especially with a 3-day weekend and the current geopolitical backdrop. Three days is a long time in this kind of environment.

Also, looking at recent market behavior, there is a clear pattern in place:

Lows tend to get breached on Mondays
Weekly highs are typically printed on Wednesdays

As long as this structure continues, the textbook approach would be to buy weakness on Monday morning.

At the same time, a more convincing long trade only triggers above yesterday’s intraday high of 22941. Until that level is taken out, downside risk continues to persist. Despite that, I am not very interested in shorting this market aggressively—at least until certain time windows begin to play out.

From a time-cycle perspective, next week is extremely important. As already mentioned, a lot can happen, so it’s important to stay prepared.

A better approach here would be to step back, enjoy the long weekend, and reassess once the market opens on Monday.

If Nifty (spot) breaks below 22044, the next supports come in at:

April 2025 lows
June 2024 lows

If these levels come into play next week, it would mean price and time are squaring, which will be important to watch.

With the current VIX above 25, a 500-point intraday move has become fairly normal. These are exciting conditions for traders—but only if risk management is in place.

Because if risk management is missing, then the entire trade is based on hope. And hope and profits simply do not go together. You cannot put money into the market and expect outcomes—that’s not a strategy.

Looking at the broader market context:

The S&P 500 is comparatively holding up better and behaving more constructively. This divergence is something to keep an eye on.
In Brent Crude Oil, we continue to hold short positions, but with strict risk control in place.

Interesting weekend ahead. Let’s see how the market sets up on Monday.

Bias Is Clear. Validation Is Mandatory.”

Nifty played out exactly as anticipated.

On Monday, the stance was clear — lean towards buying, not selling. Acting on that, we carried longs overnight and have already capitalized on today’s gap-up open. The execution was straightforward because the framework was clear.

But this is not a market where you get complacent.

As long as India VIX sustains above the 20–22 zone, expect violent moves on both sides. Volatility is elevated, and in such conditions, risk management is not optional — it is the edge.

Despite that, the underlying structure remains bullish and constructive.

The intermarket cues continue to align:

S&P 500 was flagged at critical support — it responded with a sharp rally.
Brent Crude was highlighted at resistance — still holding flat, but structurally positioned for a downside resolution.

Coming back to Nifty —
the 23,000–23,100 spot zone was identified in advance, and price has respected that zone with precision.

April 1st was also marked as a critical time pivot based on the circular arc structure — which aligns with today’s move.

But let’s be absolutely clear:

This move means nothing without follow-through.

For continuation, Nifty must sustain above today’s intraday high.
That is the level that matters. That is the confirmation.

No assumptions. No anticipation.
Let the market validate the view.

Now comes the more important development —

So far, the market has been respecting daily timeframe cycle intersections.

But for the first time since the January 5th top, we are approaching a weekly timeframe cycle intersection.

That changes the weight of the setup completely.

Next week is not just another trading week — it is a critical time window.

Expect resolution. Expect expansion.

Stay positioned, but stay disciplined.