GNFC View

GNFC; in SEPTEMBER have given (GEOMETRICAL;PATTERN) breakdown! For MEDIUM;TERM this is a BEARISH sign! For SHORT;TERM stock is consolidating from last few days! This bounce should be utilized to exit, or take shorts!
Any rally till 680 should provide better risk-reward for shorts! Primary Pattern Targets on downside would be 602 and Geometrical Pattern Target is 555;on;Cash in Coming weeks!
Naturally anything which goes up Exponentially comes down Dramatically! This applies to not only (G;N;F;C) it also applies to 1, particular group, which have moved up multiple times, in last 2,years. Watch:out!

TIME CYCLE DATES FOR OCTOBER

TIME;CYCLE dates for OCTOBER; are (VIBRATION;DATES 10th, 17, and 25th,October)! (HARMONIC;TIME;CYCLE;DATES 4th and 28th,October)! (TIME;SQUARING;DATE 3rd,and 19th,October)!(PATTERN;DATE 18th,October)!
On WEEK;FRONT week starting from 10th,OCTOBER would be very critical! Those who have doubts how to use these dates and weeks, should go through SEPTEMBER dates! And go through all posts around those dates! There is another week which will be very Important, that starts from 31st,October, more on that later!
OCTOBER and NOVEMBER are 2,very critical months specially for U.S. MARKETS. Can expect something, which you never expected! For MARKETS things wont be straight forward! VOLETILITY would be very high, but TIME setup is not BULLISH!

NIFTY UPDATE

NIFTY giving that natural pullback! But before this pullback, we got what we wanted from markets! A lower low on PATTERN DATE, Break of 16,750 and a monthly low on final day of the month!
There is nothing we would had demanded above these! As posted earlier 17,200 is a level to watch on upside! For NIFTY BANK that level works out at 39,100! Safe shorts are above that!
Market needed a pause and it’s getting that! So would keep it till that only! As per CYCLES we may break JUNE lows somewhere in NOVEMBER!

ICICI BANK View

ICICI;BANK; have given sufficient evidence of Topping out! The PRICE have now re aligned with TIME, The mistake it did was it made a new high! During this TIME CYCLE! As an INVESTOR if you bought this above 900, then, You only can hope for the best! Technically it have given (SQUARING PATTERN) breakdown recently! Structure is sell;on;rise till 894, for PATTERN Target of 825 and 795 on cash in Coming weeks!
On TIME front yesterday (On a PATTERN DATE) it made a Low, lower then wednesday! In HARMONIC TIME CYCLE rules that’s a BEARISH sign! Let’s se how this plays out, going forward!

NIFTY UPDATE

NIFTY completed formalities to break June lows: the break of 16,750 have eliminated the last outside bullish possiblity for markets! This doesn’t mean that there won’t be any pull backs, there would be pull backs but that won’t turn the PRICE structure which along with TIME is Trending Lower!
TIME was never the problem for this BEAR MARKET! I kept posting this, when market was going higher! The problem was PRICE which was having a diversion from major TIME CYCLES! Earlier in this month, I posted 2,points!
1,NIFTY will play out a very dangerous pattern if it travels above 18,000, which it indeed done! 2, once market starts to resolve all Previous DEVIATIONS there would be no place to hide, that’s what we are witnessing now!
Retail traders are trapped badly in this market! The new age SOCIAL MEDIA TECHNICIANS kept selling narrative of new highs and people kept falling for that Trap! Few handles have disappeared, Few will diss appear in days to come! Many traders over look TIME as a critical tool, few even say TIME have no relevance in short term Trading! If that’s the case then, Why the rally of 7,weeks gone away in just 7 days? Think about that! Coming back to NIFTY, all upsides till 17,200 should be utilized to short!

NIFTY UPDATE

NIFTY; and NIFTY;BANK; have posted a Lower Low On a PATTERN date! Mentioned yesterday afternoon that: NIFTY is weaker then we are thinking! Just a formality to break 16,750! Once that happens, all fantasies of de-coupling should end forever!
A lower low today, have confirmed that things have finally turned! This cannot be over turned now! Now it doesn’t matter how far the pullback goes, when that actually comes!
Those who understand (HARMONIC TIME CYCLES) they understand that, what todays price action means for over all markets! Keep selling rallies, we continue to position ourself on bearish side!

NIFTY UPDATE

NIFTY is weaker then what I anticipated! It gave a bounce and again selling off! 16,750 is that final line of support! It will break, For sure but before that it should bounce, tomorrow and friday are key TIME CYCLE DATES, posted on it on 2nd,september, since Tom is a Pattern date, let’s see , Whether we get a lower low or not! Fresh CYCLE will start from next week!

SBI View

SBI; on TIME parameters have Turned lower! PRICE structure has damaged partly here, would damage completely below 528 on cash! If we analyse all PRICE PATTERNS then it’s a clear sell on rise candidate! Rallies upto 555 should be utilized to sell for the Targets of 501 and 465!
It should not have posted new highs during this CYCLE! Since it have done that, the consequences would be severe! The real impact won’t be realised here! People would feel heat only when it will break 425! Let’s see!

NIFTY BANK UPDATE

NIFTY;BANK; the (TITANIC) for BULLS has trapped many Investors and Traders! The ship is sinking and likely to collapse under deep waters! Before that there would be rescue attempts which also would fail! The rally was against natural laws, hens would go down with a hard punch!
Technically for short term, I posted Targets of 39,025 and 38,100 on last friday! Market have printed both levels and even have gone below that! There is a case for a pullback from here, whether that happens or not need to see!
As traders we only can protect our profits and wait for bounces to re initiate shorts! The primary trend is down so have to keep switching tools to stay on short side of markets!
Next levels on downside to watch would be, 37,200 and 36,327 on spot! Ideally I expect it to go there after a pause! But gradually prices should go there! HARMONIC TIME CYCLES have officially turned lower!