MARKETS confused to make a Sustainable Trending move on either side. From last 3 weeks markets had gone up sharply only on the days when there has been some sort of rebalancing of National or International Indices. Falling or rising 300 to 400 points has been very normal. But the undertone so far has been to sell on bounce. Which I had mentioned several times in past. The reason for that is simple. 1 The Complex Price Vibration Pattern is week. 2 On TIME front the 15 days,30 Days,and 45 days trend is running southwards since the start of this month. Hens stocks are feeling uncomfortable on Higher levels. Still NIFTY in very short term gets week again below 14600 to 14700 zone on spot. Till then things are in balance for now.

Both Pattern and Cycle suggested a downtrend on AXIS BANK since the levels of 733 to 740 till the cycle levels of 683 and 652 on cash. It achieved 683 today as expected. View posted on 15th March 2021.https://ganntradersaahil.wordpress.com/2021/03/15/axis-bank-view-5/

NIFTY broke the zone of 14470 to 14500 today and had slipped further. It’s already down 200 points in Intraday so far. But Todays fall is more significant because it broke a Square Pattern level of 14300 after which the levels had shifted lower. NIFTY looks open to test 13800 on spot in coming few weeks. But there would be counter reactive moves in between but this market has looked week since the start of this month and we had made profits on our short trades. I continue to keep a bearish view on Markets Positionally. We had moved our Stoplosses down on our earlier short trades taken in 15100 to 15250 zone.

ICICI BANK today completed the simple vibration pattern and achieved long pending Target of 563 Today. View posted on 15th March 2021. Achieved 1st Target past week. Still looks week for 530 on cash.https://ganntradersaahil.wordpress.com/2021/03/18/icici-bank-target-achieved/

NIFTY is best to avoid on anyside. Could rally above 14950 on spot. Avoid shortsighted trades until 14470 to 14500 zone is protected on downside. For short term Trading.

The Stock in the Trade Watch Today is A private sector BANK, IDFC FIRST BANK. Overall a strong setup but a weekness in near term visible below a daily close of 55 on cash. Till the levels of 44 and 37 in medium term. Make no mistake it’s a medium term view. For long term it’s a must buy stock in the range of 37 to 44 with the SL of 30 and the Targets of 80 and 125 according to Harmonic Channel and Gann Waves respectively.

According to TIME this particular week is an Important week. At current market price it is far from any Natural Price and Time Squaring. Since the high of 69.3 made on 4th march 2021 prices had a decent correction. Past 2 weeks had just made this top more significant. Keep the following things in mind before taking fresh Positions. And of course a standard disclaimer applies as always.

From last few weeks my personal stand on entire market was bearish. And I mentioned it multiple times but Prices were sideways and moves were on both sides. But there was a real tussle between chart analyst and Gann principals. Time was the great factor this time. Which till tuesday was neutral. It turned totally negative yesterday and we got the much anticipated move today. But intresting week coming up next. On Monday we have very Important Vibration date and entire week could be considered as a Vibration week. So manage your trades accordingly. On Price front 14430 is near term cycle support which once breaks opens way for 14250 and 14050 on spot. Last few days had been a rough patch for all market participant’s but being on a correct direction has been profitable so far on absolute terms for all traders who followed Natural Laws. Dont forget to join my Telegram Channel.https://t.me/joinchat/V1AihOzgslvZi_o8

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ICICI BANK Today achieved the target of 580 which was pending according to simple vibration pattern. Those who understood this pattern was short here since 630.https://ganntradersaahil.wordpress.com/2021/03/15/icici-bank-view-8/

Pattern and Cycle of AXIS BANK is suggesting levels of 683 and 652 on cash in coming weeks. Need to position the trade size sensibly.

TATA POWER should be bought on every reasonable dipp as a medium term holding for the Targets of 125,140 and 156 and even higher. Could be added for next Financial year.