NIFTY, still have that support from TIME
As I had mentioned several times, in past few days
Atleast, till 8th,July, TIME, is supportive for a counter trend bounce
And TIME does have it’s own speed, which cannot be manipulated
So, as Traders, we have to respect TIME, and its INDICATIONS
Price fluctuations, is not an appropriate way to forcast market moves
Still decent TIME left for this cycle to complete,
Still for this cycle, my price objectives, are not yet met
16,200 has been my expectation, with support from TIME till 8th,july, I still expect print of 16,200 on spot
In case I se setup turning, would defenetly update
Trading positions has to be managed wisely, it’s just a counter trend bounce
Which still seems incomplete
Once it completes trades would be again aligned with the primary trend which is bearish
But for now better to wait for few objectives to complete
Category: STOCK MARKETS
NIFTY UPDATE
NIFTY, broke the Geometrical resistance of 15,750, with a Gap, on VIBRATION DATE
The gaps on VIBRATION,DATE needs to be traded carefully
But they do signal continuation of the trend in short,term
Anyways I did expected, the level of 15,750
to break, only point was how it breaks
After todays Gap,up NIFTY is closer to complete the pullback target of 16,200
Sooner or later NIFTY, would go there
And even can go slightly higher before next leg on downside begins
Since things are looking, extremely strong this morning, would suggest everyone to, go through my posts, dated 16th,June and 20th,June in which I clearly mentioned on a durable bounce upto 16,200 before next leg on downside
MARKETS, so far has performed on anticipated lines
This upside can still last till next week
Because 1st,week of July would complete critical TIME PIVOT, in (HARMONIC TIME CYCLE)
Above 16,200 need to approach carefully
Personally just focused on INDEX for this pullback
Would prefer to short stocks, on short side
Once this bounce ends
Would UPDATE when I reverse my positions
For now let, MARKETS accross continents to vitnes a relief rally
NIFTY UPDATE
NIFTY, Today had made high at 15,749 on spot
During the week, I high,lighted this level couple of times
It still remains a strong Geometrical resistance
Even,though I still expect this to break on upside
Only point is whether, it breaks during market or with a Gap
Yesterday with all the ups,and,downs of price
I re,instated the TIME setup which was indicating upside
In positional Trading we have to take TIME,CYCLE as a critical element
There are some rules which should not be violated in (LAW OF VIBRATION)
I still maintain my view
That, in short term, markets can go bit higher, before they turn lower
Managing positions would be the key
Monday is next VIBRATION DATE
Let’s se, how it goes from here
MARKET UPDATE
NIFTY has gone in Zig-zag mode
We are back to a pattern which we witnessed during the end of (APRIL) and end of (MAY), this market would go nowhere, still it will keep you on the edge of your seat
The problem is PRICE, TIME is fine for now
In such market, intraday trades are best
But positionally upside still looks incomplete to me
Next TIME test for this market is on 27th,June
Till then markets could swing both ways
Plenty of TIME left for this cycle to complete
TIME does not allow me to go short for now
Can’t do much about that
As far as U.S. MARKETS, are concerned, I need a daily close above Tuesdays high
On all 3,INDICES
for a bullish TIME
NIFTY UPDATE
NIFTY, is fine
Have TIME till 5th,July, to 8th,July, to complete upside Targets of 16,200, I dont mind short term voletility
Things are still favouring upmove
15,750 remains a strong resistance
I think that will cross after some consolidation
NIFTY UPDATE
NIFTY, giving a rally on (HARMONIC DATE), have strong implications going forward for short,term. A daily close above 15,630, would signal a, (SQUARING PATTERN) breakout
Targets would be, 15,850 and 16,050 on spot, positionally
Geometrically 15,750 is a very critical level
Need to watch it closely
But with support from TIME CYCLES, this level should go through, soon
Need to manage positions wisely
16,200;+ is my objective for this counter move
Watch-out
Shared TIME,CYCLE dates on 2nd,june
NIFTY UPDATE
NIFTY, for short term, I do anticipate a Bounce, mentioned about this few times in past week
I generally like to work with only 1 sinario
I follow certain setup based on my understanding of, (PRICE and TIME) MODELS)
Since February, my view has been bearish, on MARKETS
Those who follow me, they are aware, on my Target of 13,750 on NIFTY
But that will take its TIME
Sooner or Later, NIFTY, is going there
But wont stop there
Whatever upside I expect from here, would only be for short term
And as Traders we have to trade markets on both sides
Based on our setup
Yes, markets can do anything, hens we have to mark our INVALIDATION POINTS
Which makes things simple, for us
For the counter rally to unfold, my IN;VALIDATION POINT, is 14,800-15,000 zone on spot
As far as NIFTY, holds this zone
I would hold my view, and expect Targets closer to 15,950-16200, in couple of weeks
But a break of 14,800 would send me back to the Drawing Board, and again re,work my calculations
As far as TIME, is concerned I mentioned on it, briefly last week
Today is a PATTERN date
Let’s see how things goes from here
Would update if setup turns
TIME UPDATE FOR MARKETS
MARKETS, have entered very critical TIME ZONE
Not only INDIAN MARKETS, EUROPEAN, and U.S. MARKETS
are also at critical TIME PIVOT
This potentially can put a cause, to on,going sell,off accross EQUITY MARKETS
The TIME EFFECT for this would be observed from next week
For very short term markets could make a short term bottom
And rally for couple of weeks
This shall apply to markets accross continents
As far as NIFTY, is concerned I have entered July calls
To play the short term bounce which i anticipate
As I often mention, there are TIME and SEASON for everything in Gann Theory
Let’s se, how it goes
RELIANCE achieved target
RELIANCE, broke 2710 as expected and completed both Pattern Targets of 2645 and 2570 on cash
Other Targets also shall come, but may take time
View posted on 9th,Junehttps://ganntradersaahil.wordpress.com/2022/06/09/reliance-view-4/
KOTAK BANK achieved target
KOTAK;BANK
conformed VIBRATION PATTERN breakdown below, 1815, and completed Targets of 1756 and 1696 on cash
View posted on 8th,June
