NIFTY still have a decent support at 17,600. As a retail trader better to wait for it to break. As long as its not broken NIFTY still can retest Fridays high. Trade smartly.

Weekly High on Monday and Weekly Low on Friday. Such Patterns potentially ends an Upmove. But nothing moves in straight line. 17,600 was a critical level, mentioned on it last afternoon. Going forward that’s the level to watch. We expects it to be broken soon. Technically 17,850-17,900 is a strong pattern resistance on upside. Near term setup remains sell on rise as far as NIFTY stays below this zone. On downside 17,450 and 17,250 is Possible. But the fall won’t be smooth. There would be corrective upmoves and sideways consolidation. So better not to expect a 1,way move. Shared TIME CYCLE dates earlier in the week, so can refer that post.

Positional trades are fine on NIFTY. But avoid BTST or STBT Trades. This market can hit you both sides, if you look to make maximum overnight. So manage your trades wisely.

NIFTY may give a bounce if 17,600 to 17,650 zone is held. Going forward 17,600 has to break. But for now temporary bounce needed.

NIFTY failed to sustain the pullback. Momentum would intensify further on downside once 17,600 breaks on spot. Tom Ebent day. Let’s see. For us Price Rejection has started.

DWARKESH 144 exact high. Take out your Capital. View posted on 14th January. Crossed 103 on 7th February.

HCL-TECH is struggling to participate in this upmove. 1138 is very Important level here. If it breaks then expect levels of 1103 and 1071 on downside in Coming days. The MARCH low of 1070 should break here going forward! 1138 is a (TRIANGLE) support here which once break would open gates for lower Targets. Once it gives a daily close below 1070, channel targets here would be 970 directionally! We are expecting levels of 970 here in coming weeks!

Sharing TIME CYCLE DATES for April. Note Trading Holidays not udgested. PATTERN DATES 14th April, and 26th April. HARMONIC DATE 18th April. VIBRATION DATES, 12th April, 18th April, 22nd April, and 28th April. SQUARING PATTERN DATES 11th April, 19th April and 28th April.

NIFTY at 18,000 good times for you if you had bullish view. Till 17,700-17,844 we still can justify the rally. Above 17,844 its significantly above critical ratios. Many of my followers asked me about my Trade on NIFTY. Well, we still hold those trades. Because at this point it makes no sense to exit. We have been hedging in such a manner that we only stays behind by 300 to 350 points from NIFTY spot. So it’ cannot go out of control. We said this in past as well, do not copy our trade. We understand how to manage such positions. So far it has not worked. Let’s see how long it stays this way. To our retail trader friends, we have suggested to add JUNE puts based on Individual risk assessment. After todays rally supports on NIFTY have shifted higher at 17,700-17,800 on spot. No short trade on offer as far as 17,700 is protected. Today it’s all about HDFC group rest entire market is more or less flat.

Last week we shared the Possiblity of NIFTY testing levels closer to 17,700 on spot: above 17,450. On Friday NIFTY tested 17,700. So the smaller degree move is completed. 17,700 is an approx ratio of extension so market may cover 144 points of distance further. But time have came to turn bit conscious on Long Trades. Better to focus on Pattern supports to look for shorting opportunities. For NIFTY the Pattern support stands in the zone of 17380-17,540 on spot. Once this zone breaks this market would turn lower and could test levels of 17,225 and 17,050 on spot in short-term. On TIME front Monday is a pattern date which we discussed earlier. Other then that wednesday and friday would be TIME CYCLE days for this week. This week also would complete 3.5,weeks of counter move from March lows on NIFTY. So Mark-down the High and Low for this week. Once NIFTY sustains below this weeks low that would signify our broad view on markets. There are several points which we would like to mention but for now would skip that part. Would share those points in detail once tied turns for this market. That would be more appropriate. Watch markets closely for this week. And focus on support zone which has been shared above. Act wisely once the support orbit breaks.

NIFTY have Pattern support at 17,350 on spot. Tom&Monday are 2 critical Pattern dates. So do watch-out. 17,350 Trend decider: if breaks then 17,210 and 17100 possible..

$S&P:500 has tested the zone of 4,550-4625 on cash. So pullback Targets are achieved. Mentioned about this on 17th,MARCH,2022. CMP then was around 4360. Another point which was mentioned was on PRICE REJECTION. Ideally that process should begin now. Going forward keep a close watch on the zone of 4,500-4,540. Once this zone breaks rejection pattern would activate. Targets would be 4100 and below in next 8-12 weeks. TIME wise rejection pattern should take place late this week or early next week. Overall U.S. MARKETS are looking over stretched specially NASDAQ. APRIL specially would be a critical month for U.S. MARKETS. Vetter to trade conservatively..https://ganntradersaahil.wordpress.com/2022/03/17/sp-500-outlook/