DLF today achieved the Cycle Target of 350 on cash. Posted view on it on 26th May 2021. Started a North Words journey above 280. 400 still pending here. So tune in.https://ganntradersaahil.wordpress.com/2021/05/26/dlf-larger-view/

After a boring JULY INDEX TRADERS would start the month of August with lack of clarity and plenty of doubts. But that wont be an issue for you if you understand the Price Pattern and Time Cycle. Several times in past I had a view to buy dipps. And in several occations we bought dipps and made decent profits. Going ahead need to keep the same approach. Until and unless 15400 is protected on downside. So no need to over complicate things while analyzing. Just keep it simple. This market still could break barriers on upside but what’s lacking since last 7 weeks is the TREND. Just because the setup is strong NIFTY has held on these levels. This week Thursday would be an Important Vibration date. Lastly just an observation do keep a close watch on US 10Y yield that really could spoil the party. Nothing alarming yet but need to monitor closely. OIL and BASE METALS also have very strong setups. Take a note on it as well.

M&M FINANCE today achieved first Target of 141 on cash. Had an approach of sell on rise here since 19th of MAY. Already alerted its Investors to stay away. Setup still very week could test the 2nd Target of 125 as well.https://ganntradersaahil.wordpress.com/2021/05/19/mahindra-and-mahindra-finance-view/

Only for brave hearts. Consider buying NIFTY calls as per your risk appetite stoploss 15400 on spot. Could go for Aug or Sep expiry. A break of 15400 would trigger basket selling. Avoid it if you are conservative trader. Be sensible while taking risk.

ICICI BANK after a long consolidation finally achieved the first Target of 675 on cash on 23rd of July. Has advised to buy it on dipps on 24th of May. 718 is still pending which shall achieve once 683 is taken out. Pattern is suggesting 768 in coming months.https://ganntradersaahil.wordpress.com/2021/05/24/icici-bank-view-9/

JINDAL STEEL
The stock has been in a downtrend since the month of MAY
After hitting the High of 501.70 on 10th of MAY. Currently setup is still week but after looking the Larger structure not much comfortable to go short on it
So better to wait for a Breakout to enter a Long Trade. The first sign of strength is visible above 425 on cash
And the Golden Pattern breakout is placed above 436 for the Pattern Targets of 462 and 489 Positionally. Undoubtedly it is retesting the Highs of 501.70 in coming weeks. The zone of 501 to 520 would be challenging. But once this range breaks it would get ready to test 700 in medium term according to the Harmonic Structure. It has a similar pattern like JSW STEEL
Extremely bullish on both the Stocks For medium to long term. Recently JINDAL STEEL squared out Price and Time
Coming days would be intresting to watch. 375 is an Immediate support in near term keep an eye on it. Keep the Figures in mind and act on signal when available. After Price next would be TIME. To keep the process standard sharing 7 TIME CYCLE dates for this stock’ starting from 28th July followed by 9th Aug,13th of Aug,20th of Aug,24th Aug,8th of Sep and 13th of Sep 2021.

Earlier in the week I mentioned the importance of the low which is made on 19th or 20th july. Market made a low on 20th and gave a rally till 23rd on expected lines. This rally still can go on till 28th july according to the forecasting model. This market was and still a buyers market. Has clearly mentioned to avoid shorts on INDEX. Next week would be even Intresting because it’s a Time Heavy week where we have 3 Vibration and Time Cycle days. First on 26th followed by 28th and 30th of July. On Price front 16000 is just a number it has less to do with any Geometrical Angle. 16200 infact is an important point if we analyse the complex vibration pattern. Need to move forward with stay long approach. Another intresting point to note is we got 2 consecutive weekly highs on Friday which shows the structural strength of our Markets.

MANAPPURAM FINANCE above 163 completed both Targets of 178 and 198 on cash. Achieved 178 in late june and 198 today. View posted on 18th May 2021 and crossed 163 on 26th of May 2021. Since then it had rallied close to 20% which is good enough for a Swing Trade.https://ganntradersaahil.wordpress.com/2021/05/18/manappuram-finance-view/

NIFTY has broken 15600 which was the stoploss for Longs. So out of Trading longs for now. But wont short either. Reason explained yesterday. As far as todays low is protected we still could have a rally till 23rd and 28th. NIFTY would get back to winning ways above 15820 until its crossed focus on cash market stocks.

The recent selloff inn US Markets is not a start of a bare market. For me it’s a normal pullback. There is still good amount of TIME left before all markets hit their cycle top. So Time wont be supportive for downtrend beond a certain point. So relax the sharp downmoves would be counter by sharp upmoves. We still could see levels close to 38800 on #DOW
4900 TO 5100 on #S&P
17500 to 18200 on #NASDAQ. Voletility would rise so be watchful. This dust shall settle soon.