What happened yesterday was very rare in Nature whether it was a Technical glitch or anything else. Several things changed in yesterdays short session. 1 failing to break 14620 for an extended fall created space for a pull back 2 This pullback has to cross the level of 15225 turn the setup from sell on rise to buy on dipps. Then the Time factor would be supportive for upside. Still need to be prepared for an access Voletility. Above 15225 NIFTY could test it’s high of 16th feb of 15430 on spot.

ADANI PORTS yesterday achieved the extended Target of 677 on cash. Crossed the breakout point of 650 on 17th Feb 2021. View positive here since 565 achieved previous targets in 2nd week of Feb. Be watchful with long trades in this markets.

NIFTY yesterday in closing hour achieved the second Target of 14640 on spot. Price and Time still week. Accelerated fall possible below 14620 for 14460 and 14260 zone. Voletility would stay high as well.

Last Time I mentioned on the possiblity of Volitility because of the TIME FACTOR in the second half of previous week and market was under pressure on expected lines. For this week the setup mostly remains sell on rise. Breaking the level of 15000 on spot has signaled more downside in coming days. Levels of 14810 and 14640 could be tested going ahead. Personally not comfortable on higher side. If History is anything to believe then we have a near term top at the high of previous week on NIFTY. Though it’s still partly conformed as of now. Stay conscious on higher levels. It’s still not a cycle top would get it next year. .

As posted earlier the second half of this week would be intresting to watch because the TIME FACTOR gets more active from Today and Tomorrow. Today being a Vibration Day and Tomorrow a Harmonic Day. So markets would stay possibly very voletile. Markets are under a time influence after a decent interval. Price wise 15410 should break on upside to get the momentum going on upside. Plenty of supports on downside still expect pressure on NIFTY below 15000 on spot. Personally would stay busy due to some work so updates could be delayed from my side.

Good market to sell puts if you understand the risk involved in it. No point shorting this market. Even if it corrects bit more.

DLF achieved the major monthly Target of 320 recently. But Price still looks strong. If it stays comfortable above 333 then could test 363 and 390 on cash in coming weeks. It’s a Long term breakout so personally still hold it for Long Term.

TATA MOTORS could test 358 and 388 in cash in next few weeks. Utilise every dipp to enter. Looking strong.

ADANI PORTS achieved second Target of 635 on spot Today. The Rally shall continue once the zone of 643 to 650 gets away for the extended targets of 677 and 717 positionally. Achieved first target last Friday.

Because the TIME is positive the idea on Friday afternoon was to buy on dipps. We already are up 180 points from there today. Fresh positions should only be taken on dipps. Markets are poised in such a way that if you dont manage your positions properly you would be hit very hard. As posted last week 1st half of this week would be fine be watchful in the 2nd half. Because the markets would face the combination of Vibration and Harmonic days later in the week. So far no signs of any reversal so avoid any short trade for now. Only long trade possible that too on dipps.