AUBANK; is breaking below its 45° angle from its TOP,
nothing good happens below it.
even if we check PATTERN and TIME CYCLES here,
they too are signaling that,
STOCK have broken down.
A lower low below 696 have triggered a PATTERN breakdown which can take PRICES down till 666 and 640 on cash in coming days.
28th,SEPTEMBER was a very important date here,
As long as STOCK stays under it’s high,
SETUP is likely to stay extremely BEARISH.

M&M have achieved our primary objective of 1503 today,
on 26th,SEPTEMBER we discussed here on a MATHEMATICAL PRICE and TIME SQUARING at its 18th,SEPTEMBER high.
STOCK have lost almost 10% from that high in such a short span of TIME.
Going forward,
we would look for 1450 as next target on downside.
Next P&T,SQUARING date here is coming up on 30th,OCTOBER,
and the PRICE which we would refer on 30th,Oct would be 1360 on cash.
it’s not compulsory that PRICE has to be at 1360 on 30th,
But that would be a point of reference more important would be the high and low of 30th.

NIFTY achieves 19,380 as well.
Couple of points to note here,
We are closely watching INDIA:VIX,
if we wish to se lower levels in extreme short term then VIX must take out 13.40 on closing basis.
A failure to do so,
is unlikely to increase put premiums exponentially.
Another point to watch is the possiblity of a PRICE and TIME SQUARING on NIFTY at PRICE of 19,267 on 9th,OCTOBER.
Simillar PRICE TIME SQUARING is about to take place on S&P at PRICE of 4168 on 6th,October.
The MARKET reaction at these PRICES on these DATES would be very important.
The inflection could turn either ways,
For now we are taking part of our profits and waiting for CYCLE DATES to assess setup.

MUTHOTFIN,
is approaching a very critical support of 1200,
A print below 1200 will signal a channel breakdown for near term Targets of 1155 and 1107 on cash in next few days.
For slightly medium term,
there is a good possibility that this STOCK would test level of 1051.
So in simple terms below 1200,
we are looking for a sizable decline to unfold here.
PRICE and TIME EQUATIONS to are suggesting a breakdown ahead.

NIFTY with the break of 19,491 have ruled out the possiblity of an extended rally.
We had kept this marker of 19,491 to validate our bearish view,
Now when it has broken the next ideal Target on downside would be the low of 1st,SEPTEMBER.
Before that 19,380 is also a PATTERN Target which is based on PRICE.
A rally towards 19,800 would had been a perfect apportunity to pile up shorts for NOVEMBER series.
but it missed that,
not by a wide margin but still the bounce ended beloe our expected level of 19,800.
As we discussed on FRIDAY,
2nd half of this week is extremely critical.
Not only for INDIAN MARKET but for U.S. MARKETS as well.

NIFTY could still test 19,800 or slightly higher next week,
which has been our primary expectation,
Once those levels are achieved,
we would then look for the pending PATTERN target of 19,380.
The only point which can rule out the rally would be the break of 19,491,
which was the low of 5th,september.
yesterday it went very close to that,
but missed by just 1 point.
for broader context next week would be Quiet relevant.
On 4th,October we have major PRICE and TIME SQUARING for NIFTY BANK,
And on 6th we have minor PRICE and TIME SQUARING for NIFTY.
So the price action of second half of next week would be extremely important to track.

$S&P;500; has accelerated the anticipated decline in recent days.
In my update here on 22nd,SEPTEMBER
I shared 4300 and 4275 as Targets on downside.
MARKET have achieved both targets,
and is now standing at a very Important medium term support.
Last time we discussed it as well.
Zone of 4,200-4,250 is going to be extremely important.
Once this zone breaks,
we would expect very sharp cuts in coming days.
Now when DXY have gone above 106 and 10,Y, yields have printed 16,year highs everyone is busy justifying the recent fall.
For several months I have maintained a BULLISH view on $ and in my opinion,
the rally in $ is likely to last for much longer.
Pull backs from here would certainly be bought.
For very short term on S&P we are closely watching yesterdays low,
If that holds,
We should see a relief rally which should last for few days.

NIFTY prints 19,591 this morning which completed the PATTERN Target which we have discussed since 21st,SEPTEMBER.
On MONDAY we shared that for extreme short term 19,750 is a strong resistance,
that got saved very narrowly,
and INDEX have continued its downtrend.
Next target on downside is 19,380 but that could take TIME to achieve.
Before that we could see some rally which could test zone of 19,750-19,850 on spot.
also watch out very closely for lows of 5th,SEPTEMBER and 1st,SEPTEMBER,
both the dates were very significant according to TIME CYCLES,
if those lows are broken then prepare yourself for something dramatic.

M&M have mathematically squared out its PRICE with TIME from its MARCH lows,
We can apply simple MATHS here and can easily get date of 15th,SEPTEMBER as a date of PRICE and TIME SQUARING.
the stock registered a high of 1670 on 18th,
which almost matches the actual date of 15th,
Going forward that high is going to be a key,
For a PATTERN breakdown STOCK have to break 1555 which could open up Targets of 1503 and 1450 on cash in coming days.

INFY with its recent high of 1518 have probably ended a major rally which started from APRIL lows of 1185.
The decline from 18th,SEPTEMBER high matches all criteria for a trend reversal.
STOCK is in it’s very early stages of fresh leg lower.
The coming decline should atleast retrace 50% of move.
For short term a print of 1439 would signal a PATTERN breakdown which would have Target objectives of 1385 and 1325 on cash.