Yesterday afternoon I asked a simple Question on my TWITTER and WHATSAPP groups. The Question was, Do anyone see a Gap down for Today!!! After that I got several Direct Messages on TWITTER and WHATSAPP. 70% OF Participants were of the view that NIFTY could test 17,400 Today! Totally respect those views. From 70% of TRADERS. But what above other 30%, who gave their views? They exactly knew what we were Thinking! If you go through our Yesterdays post on NIFTY. We mentioned Todays Date as a Pattern Date. Now Logically if the Price Pattern is week, then TIME also have to follow the direction of Price! If Today markets have rallied with a Gap up then there was a case of re-calculating the entire structure. Another point which we mentioned yesterday was. But nobody is Intrested to find Trend continuation dates just to give you a hint, 24thJan 7th,Feb and 14th,Feb were Pattern dates for NIFTY. TRY to find similarities in all these dates and connect that with Todays date. It’s simple. Coming back to NIFTY now, already gave Price Points Yesterday. For Today keep a close eye on whatever low is made. That would be Very Important TIME wise!

NIFTY is going through a TIME,WISE consolidation. Although the (PRICE PATTERNS) are week: NIFTY is not breaking down. The TIME element is forcing the PRICE to fluctuate in a defined range. This still shall continue for few more days, until the (TIME FACTOR) supports prices to regain momentum on downside. Until that happens as TRADERS we need to take small profits staying with the trend. On TIME front we have 2 Important dates. 1st is Tomorrow 22nd,February which is a Pattern date for NIFTY: AND other is a (HARMONIC TIME CYCLE DATE) on 25th,February. Watch;out for both the dates. The point at which entire market is poised it becomes very critical to se how prices reacts on both these dates. Price wise 17,450 to 17,650 is a strongest resistance points on Higher side. I won’t say it’s impossible to break this zone but it would be a real challenge for NIFTY to take this zone away. On downside 17,000 is a week pattern support which once breaks would trigger a TIME as well as PRICE breakdown. So watch-out these levels. The trend of markets would be decided by Price Patterns and Time Cycles not by external noise.

ICICI;GI Today achieved the (Triangle) breakdown Target of 1262 on cash. View posted on 11th,feb
Broke Breakdown point of 1300 on 14th,February.

NIFTY broke 17,220 today and gave a good swing on downside. 17,000-17,050 is next pattern support. Look to take part profits here. If NIFTY settles well below 17,000 then fall can accelerate. Dont be greedy.

SUN;TV
would giv (TRIANGLE&HEXAGON) Pattern breakdown below 462 for the Targets of 445 and 423 on cash directionally. Below 440 it would be (HARMONIC CHANNEL) breakdown, which would open-up the Target of 391 on lower side. On TIME front this is very Important week from it’s high in November. Watch-out the dates of 24th and 25th February. Which are its (TIME SQUARING) dates equal to the high of 612. Made on 8th November 2021. Anyone interested to calculate further dates can simply convert the price of 612 into degree. And keep expanding the calculation!

PETRONET
Has given a Breakdown after a Long consolidation. Weakness would Intensify further below 200. For the (PATTERN) Targets of 182 and 164 on cash in coming days. It moves slowly so exicuting bearish strategies is comparitivly easy. On TIME front it is moving on a (VIBRATION SCALE) OF 7. so need to monitor moves after every 7 days. Geometrically it would square (PRICE with TIME) at 227° in a CIRCLE.

Few Important Levels to watch:out in U.S. MARKETS. DOW JONES Have a (COMPLEX VIBRATION PATTERN) support at 34,000 which if breaks then 33,225 would be the Pattern Target on downside. For very short-term 34,200/34,600 is a Trading zone beyond which a swing is possible. But not interested to give a short-term view here. S&P;500 would give fresh (VIBRATION PATTERN) break:down below 4,300 for the Targets of 4,201 and 4,110
NASDAQ is very week: wee mentioned this several times in Past. It’s still week 13,200 is a Pending Channel Target here: which once breaks would open gates for 12,725 and 12,150 on downside in Coming Months. Rallie’s certainly are subjec to sell:offs. But there would be bull:traps in coming weeks. But the study of TIME CYCLES are signaling weakness ahead for (EQUITY MARKETS) IF MARKETS gives a weekly close below mentioned levels then expect deep cuts in Markets Globaly.

NIFTY going nowhere. 17,220 still a meaningful support. Though constant re:testing would break the pattern on downside. Better to focus on levels rather then news. Few critical pattern levels to watch. On NIFTY BANK 37,045 IF Breaks then it can slide till 36145 on downside. It is a shade weaker then NIFTY.

NIFTY Trading in defined markers protecting its short-term support of 17,220 which was mentioned yesterday! There is nothing much Happening accept extreme reactions closer to the support zone. If traded smartly it has worked well. But the dis-comfort of price at higher levels is clearly visible. Need to consider that fact. Before holding Long Trades. Look to secure small profits: rather then holding on trades. Tomorrow is an Important (VIBRATION DATE) for NIFTY. So do watch-out for some action Tomorrow. The weekly TIME scaled on NIFTY is at an Important degree so a big move is due. With Increasing Volatility!

GSPL. Looking week. Have a strong rejection point at 311. Tough to cross. As far as 311 is not crossed. 272 and 252 seems coming here on downside. (HEXAGON and VIBRATION PATTERN) are also suggesting lower levels in Coming days. Worth Trackinh it. Only factor to consider would be the Trade positioning. On (TIME FRONT) it is working out on a cycle of 9 Trading days. Look for a Trending move accordingly.