SBI, achieved the pattern Target of 462 on cash. Below 500 it was in a weakest position. 435 might take time to achieve, but sooner or later it has to go there. For short term some bounce possible! View posted on 25th,April.https://ganntradersaahil.wordpress.com/2022/04/25/sbi-view-6/

NIFTY, has shown us a print below 16,000. So we almost are back to where we were in MARCH. This is not a zone to take aggressive shorts. This could well sets a case for a sharp, infact very sharp counter trend rally on upside. Which would end up as another bull trap! This market may or may not show us a print below MARCH lows. Frankly that’s not required for very short term. 14,400 is the bitter reality for NIFTY, which cannot be denied in any circumstances! The counter rally may take NIFTY above 17,250 on spot. Which wont change the bearish structure for entire market. People would feel that correction has been completed, but do not fall for that! This would just be another Trap which would frustrate you as an investor. Reed it very carefully! So if your view is for 3 to 4 weeks then look to secure majority of your profits. Doesn’t matter if MARCH lows are broken or not. The 1 way correction needs a counter action. Which should take place. Last time I avoided the counter rally, so bit more watchful this time!

TVSMOTOR, showing signs of Toping out. A print below 598 would signal decent pain ahead. Below 598 it would be VIBRATION PATTERN breakdown, which would open up Targets of 562 and 527 on cash positionally!

$S&P;500, on expected lines has made fresh lows for the year. On 27th,April it was very much clear that February lows were about to break. And finally it broke yesterday!” The manner in which markets are falling in U.S. is Conserning. The ultimate price targets are quite deep. For now as per (HARMONIC CHANNEL) S&P, looks ready to test 3800 on lower side!” Short covering bounces would be very sharp when they would unfold. So the profile of market is strongly to sell on rise. These markets still can vitnes 20% cuts from current levels. Do watchout!”https://ganntradersaahil.wordpress.com/2022/04/27/sp-500-update-3/

RELIANCE, what a journey. From 2856 to 2472. Worned on the Trap here several times in past. But retail trader doesn’t trust natural laws which works in markets!: Many of my friends were not happy with this view. People were busy in calculating my losses. Just for their relief would share my trade, which was 2700 june put at average price of 81!” Took majority profits today at 236. Still holds same view, expecting levels below 2200 in medium term. Gave an open challenge to operators here on 25th,april, unfortunately they lost from cycles!” Reed each and every word of following tweet post carefully!”

NIFTY, along with other Global markets had a critical TIME CYCLE date Yesterday. A close below yesterdays low, would keep near term setup very week. For bounce to play out, price has to sustain above Yesterdays high! This applies only for very short term!” As I repeatedly mention, Nothing moves in straight line. At 1 point rallies also would come whether its U.S. MARKETS or INDIAN MARKETS! But rallies would come and they would go. The fact won’t change, that market has lot to do on downside!” Utilize rallies to take bearish positions. I said this on 4th,April as well when MIFTY was trading at 18,100. Since then it has fallen around 2000 points! And it still can go much lower from here!:

AXIS;BANK, achieved pattern targets of 704 and 666 on downside. View posted here on 29th,April. Below 737 it was all over for AXISBANK. Going forward, 636 would break and 604 and 564 shall be tested. Should take its TIME!

BRENT, is regaining its strength. Triangle Breakout is placed above 116. Above 116 pattern targets would be 126, 138, and 150 in Coming weeks! Other patterns such as (VIBRATION PATTERN) and (HARMONIC PATTERN) are also signaling decent upside. Watch-out!

NIFTY:BANK, has broken critical support today. Posted a bearish view here on 12th,APRIL.. CMP then was 37,700. Earlier mentioned 2 Targets of 36,200 and 35,350 on spot. Both were achieved earlier. Since it gave a daily close belo 37,500 TIME here has turned bearish. From here there is only 1 Target on downside. Which is, 32,400 on spot. Rallies would come and go, avoid upsides. Gradually it has to test 32,400. And break it convincingly. All private sector banks are breaking pattern supports. Earlier posted views on them Individually. Should go through that and mark down levels. Respect markets and keep looking for sell trades.https://ganntradersaahil.wordpress.com/2022/04/12/nifty-bank-view-3/

NIFTY has made the low of 16,340 on spot. As posted yesterday, 16,300 was the next near term target for this swing. Do not mix:up short term trades with medium term trades. This fall is far from over. Do not get carried away watching the screen. Wait for your levels to add more shorts. Temparary pull:backs cannot change tragictry of this market. On TIME Front, MONDAY is a critical TIME:CYCLE date, watchout for that.