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.

ICICI BANK should be sold on rise for the Targets of 580 and 563 on cash positionally. Simple vibration pattern in sell mode since first week of March.

Being reactive literally helped in this market. What a selloff. Protecting 15431 kept the dynamics as it was. Not so strong. Still need to be more reactive and watchful.

NIFTY testing the higher levels but would face stiff resistance at 15431 the important top on spot. The dynamics of the entire setup changes only above 15431 till then things remains neutral. Personally dint expected current prices on screen in near term. But need to respect markets and follow them. Better to chase strong large caps rather then index. Note indices still have to cross February highs to negate the neutral setup. Better to be reactive in this market rather then being pro active. Would watch the screen more closely next week.

HDFC LIFE crossed 0° Angle yesterday. Placed in a strong space Geometrically. Circle has expanded on upside. Levels of 765 780 and 800 could be tested in coming days. A good buy and hold candidate.

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AMBUJA CEMENT today achieved the cycle Target of 296 on cash. Gave several opportunities to enter on dipps. View posted on 11th Feb 2021.

As mentioned earlier in the week on the Importance of Thursday and Friday as a combination of Vibration and Harmonic days.. that plays out today but the Time would provide us with a high and a low. Breaking either side confirms the Trend on that particular direction. The end of this week also makes the Top of 15431 even more stronger. And a real challenge going ahead. This kind of formation has made on NIFTY after mid of November 2020. If 15431 doesn’t crosses then we might even test the lows of January 2021 and December 2020 in near term. Personally have hedged cash holdings through April and May puts. Not comfortable on long side in this market so would trade consciously and lightly because Voletility index in India is well poised to rally. Globally DXY showing good strength and a real cause of concern is US 10Y which could zoom up above 1.62 till 1.811 and 1.998 so watch this space closely in coming days.