ADANI PORTS Trading in it’s own world. The Cycle continued its upwards trend and achieved another extended target of 717 yesterday. Would move SL to 675 and leave it for the Targets of 790 and 850 on spot.

Markets continued to stay voletile and drama continues on both sides. Technically Time is week so markets wont be comfortable on higher side. Personally wont go long until Thursday and Friday. Because we again have a combination of Vibration and Harmonic Dates on Thursday and Friday. On price front 14460 remains a key level on last Friday also NIFTY made a low of 14467 but this level was protected. Still this level can break once 14600 breaks on downside. This is not a market to create large positions on anyside.

Those who got carried away with the pull back of last 2 days are hammered by Markets Today. The Time Factor is and wasn’t supporting or favouring an upside. Even on price front clear opportunities were not there, because we need to enter at exact cycle point which were not giving entry because of Gap up. Still we would had bought yesterday above 15225 during the day. But dint got that chance as well. Finally got a short trade today below 14800 in morning. Those who understand the simple vibration pattern would be aware of these levels. We are back to the point where we started this week. Earlier also I mentioned about a possible top in place which is partly conformed. Stay careful with long trades in this market. NIFTY still remains sell on rise. 14460 and 14261 next Targets.

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.