As analysed in my previous Blogs Trend of NIFTY is sell on rise until 10525 is not crossed on spot. NIFTY so far moving in expected way.

From here in short term downwards journey would resume below 10240 till 10115 and 10020 on spot. Because the Harmonic Trend is down would avoid going long the zone of 10460 to 10525 would act as very tough zone to get away

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

NIFTY sizable move in Intraday above or below todays high and low. Intraday Traders should watch out for

HAVELLS above 605 could test 636 and 670 on Spot Positionally in coming days

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

If you understood my Yesterdays blog in which I mentioned level of 10650 and the key to achieve this zone was suppose to 10370 on Spot. Once the level of 10370 was broken on downside 10650 was always out of play

Another point mentioned yesterday was on market behaviour. It was mentioned clearly that markets cant move up consistently without any meaningful reaction of any action. Yesterday what we saw yesterday was just a reaction which could be soon labeled as a correction.

Another suggestion which was given yesterday was to book profits on every important Harmonic Price Point. After giving the profits of more then 500 Points on a single trade there is nothing wrong for markets to get in the zone of corrective consolidation in near term.

As far as setup is concerned it is not strong and wont turn strong until yesterdays high is not crossed on spot. So NIFTY is sell on rise levels to watch on downside would be 10240 10125 and 10016 need to be careful around these levels. Trading is not as easy as walking on a green park several factors needed to consider while trading in the live market.

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

NIFTY down almost 180 points from days high had mentioned about it in 2nd Paragraph of morning Blog about market behaviour

AXIS BANK todays High is at 448.50 almost close to my second Target of 449 on spot which was mentioned previous week. When it was at 401 almost 10% rally from there within week

NIFTY achieved another Harmonic Target of 10525 on Spot. Which was mentioned in my Blog in Previous week. Now major support on Price Cycle is placed at 10370 on Spot holding this NIFTY could extend this rally till 10650

Now the alarm bells are ringing for short term Traders. Because there is an action for every reaction so if you as a trader thinks that market would only move up and up without any surprises then you need to learn alot on market behaviour. That’s not how markets work.

Although the Trend is still up for all time frames but still need to stay alert on higher side. Not to forget to book profits on every important Harmonic Price Point. The entire upmove was easy to trade using The Gann Harmonic Theory since 10021 was broken last week.

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

Until level of 10240 is held on Spot nothing much to bother for NIFTY TRADERS. Short term trend would turn bearish below 10240

NIFTY going strong as analysed earlier since level of 10021 was broken on upside in previous week. As analysed using the Harmonic Theory NIFTY achieved the first Target of 10240 on Friday

Now from here it ifs extremely important for NIFTY to move pass above 10390 which is very important Price cycle point. Do note this level because this level holds the key for NIFTY to get pass the zone of 10500 on spot in coming days

Todays high so far is 10386 on spot which is marginally below our price point of 10390. Conservative traders should watch this level very closely to understand the upcoming trend

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

ICICI BANK did the first Target of 370 on Spot. Which was suggested last Friday