$S&P;500; has gone up slightly above expectations
But it does not change overall structure for U.S. MARKETS
This would still considered as a counter trend bounce
Markets takes their own time to reflect TIME impact on PRICE
This could take few days to couple of weeks
Would expect S&P to break 4070 soon and test 4000, this print of 4000 may come before 10th,August to 12th,august
U.S. MARKETS, have plenty of work to do on downside
Medium term target on S&P is 3260 and this should happen in next few months
Before that 3540 is the level, I would be watching

NIFTY, have to break 17,000 on spot, to turn short-term structure week
The rhythm of this market cannot break as long as 17,000 holds
Need to focus on U.S. MARKETS, DOW, needs 1 more close below 32400 to turn the TIME bearish
S&P also would signal weakness once it breaks 4070
Next TIME CYCLE date for markets, would be 5th,august
Which would be TIME SQUARING+PATTERN DATE
If markets accross continents makes, Low, lower then the low of 4th,august that would be a bearish signal
If this happens that would be an ultimate and final signal from TIME CYCLES
In case that doesnt happens then, alternate sinarios would be considered
Would UPDATE that later
All madness which I post, have certain methods
So do watch out
Monday 8th,august is also a VIBRATION DATE
But most important would be 5th,august
As far as NIFTY sustains under 17,356 it’s not bullish
On TIME parameters

NIFTY, have a key HARMONIC CYCLE date today
Todays high would be a reference point for next 3 weeks
Same rule would be applied for other global markets as well
Would post on U.S. MARKETS in detail going forward
As far as NIFTY, or INDIAN MARKETS are concerned
Even after this extended upmove, the path going forward remains what it was
The minimum projection for NIFTY is 14,400 till september
Only the TIME projection could be extended for this, from september to October, no chance for price revision
And 14,400 is the minimum for NIFTY
The maximum would shock everyone
I dont know how it would go there.but it certainly has to go there
NIFTY cannot break 2021 highs without giving print of 14,400 on spot
And would take it from there
Earlier I dint expected NIFTY, to break 16,800
But it broke
The additional 500 points does not change the TIME structure for this market
Since 16th,june, I was calling for a counter trend bounce
But 17300 was not what I anticipated
For short-term pattern supports have shifted higher to 17,000 on spot
Once 17,000 breaks the rhythm of price would break
And once rhythm breaks, the 3rd law of NEWTON would get active
Markets have put traders in a spot where they wont get above points
But people would learn with TIME
Let’s see what happens
Intresting times ahead

NIFTY, is now moving above expectations
But this is not happening for the first TIME
it happened in past would certainly happen in future as well
Last time, this happened in april this year
The technical problem for NIFTY since 18th,july is VIBRATION PATTERN
once it turns, PRICE wont take much time to aline with major cycle
Pattern support for NIFTY has turned up from 16,380 to 16,790 on spot
Once 16,790 breaks, Prices would turn
On 19th,july I explained the extension of bullish HARMONIC CYCLE till 1st,august
We are almost completing that TIME CYCLE, accross markets on MONDAY
And as I mentioned in my earlier posts, the next HARMONIC TIME CYCLE cannot be bullish
Because 3,cycles doesn’t move on same direction
Bare market rallies are fast and furious
Until 16,752 I was convinced
Above that its irregular upmove
Let’s see how far it goes
As far as trades are concerned, I continue to hold september puts
Since I only take less then 30% exposure of my trading capital on such directional trades
I can manage such voletility
Holding only options so wont look to hedge.Have advice traders individually how to manage trades based on their trade instrument
So far in 2022 have not booked loss in such TIME based trades
Last time I booked loss in such trade was in december 2021
Would look forward to continue this winning streak
Let’s assume that, this view does not go well
Then also I would get exit at my cost
Unfortunately TIME have no alternates, so it does not care what the price is
There is still no bullish case in broader TIME CYCLE
Sounds silly but true
I have made greatest of profits by only using the TIME CYCLES
Using it since years
Would defenetly UPDATE if I rotate my expectations
Dont think have to do it, let’s see
Markets are here to stay

NIFTY, is just reacting to an event
I wont reed much into this upmove, as posted earlier in the week, ultimate test for all markets on TIME front would be from tomorrow
29th,july and 1st,August are 2 very critical (TIME CYCLEDATES)
Not a TIME to turn bullish
price Wise yes, NIFTY have managed to protect its PATTERN support of 16,380
But it’s only a matter of TIME before this level is broken
And this would be broken, with or without any news,flow
Just need to have that patience
And you only can stay calm, and patient, when you manage your risk wisely
Stress and anxiety would only happen if your trade management is greedy
Respect risk
Markets would be fine
I continue to maintain my stand

SBI, looking very attractive
On short side ofcourse
I really dont mind, how it’s looking on charts
For me it’s a sell
But as trader I know my limits
Would consider september 500 put
Going forward, all banking stocks, including SBI should move down
It’s totally a TIME based trade
Would expect Targets of 455 and 425 till september
This should find its TOP soon

NIFTY, giving early indications that, the counter trend bounce, which started from june lows is finally coming to an end
A daily close below 16,610 which was 22nd,july low is flashing bearish signals in short-term TIME CYCLES
So TIME indications are very clear
PRICE-WISE 16,380 needs to break, but should break gradually
MARKETS, have to deal with an event tomorrow, once that event passes, expect markets to turn down in a Trending fashion
Watchout for extreme volatility from here
Manage positions wisely
NIFTY is ideally turning towards JUNE lows
A clear sell on rallies market
Let’s see whether we get rally or not!

$S&P;500; seems starting its next leg on downside
Whatever comes out from FOMC meat tomorrow, trend is certainly going to turn south
After initial volatility, U.S. MARKETS looks set to turn,down sharply lower
On S&P, my long pending Target is 3540 which I have shared multiple times in past
In upcoming fall, I expect S&P, to test this level
My actual targets are way lower below 3540
But for now going step by step
The TIME degree in which markets across the world are in for the rest of this year is certainly going to thrill many Traders
Fresh lows are certain, but 1 rally is also due which would be very, very, destructive
More on that when I see that coming
But for now let market correct, and as Traders enjoy your shorts
Everything so far has happened as per NATURAL LAWS, Dont, fall for pointless fundamental justifications

NIFTY, have to close below Fridays low, to turn the short-term TIME CYCLE Bearish. On PRICE front NIFTY have PATTERN support at 16,380 on spot. We are at the last stage of this bounce, whether the top has done at 16,752 or there is 1,more higher high pending, that depends on whether the pattern support holds or not.Ideally I expect, all these criteria would be obtained in next few days
The ultimate TIME test would be on 29th,july and 1st,august
Which co-insides as next VIBRATION DATE and HARMONIC TIME CYCLE date
This extended bounce was triggered by HARMONIC CYCLE, On 18th,July
When NIFTY broke 16,276
After 2,positive cycles
3rd,cycle cannot be positive
Sentiments has turned positive after this rally
Historically this is the best time to dicieve The majority
Let’s see how this plays out

NIFTY BANK
Setting up a perfect Trap
Retail traders forget things very quickly
There is nothing new under the SUN
These traps happened in past
Certainly would happen in Future as well
Doesnt mean we go and buy them
I always prefer to buy options
Would consider SEPTEMBER PUTS
1 point which gives me such confidence is the MASTER TIME CYCLE
Which is signalling extreme bearishness going forward
There is no bullish case as far as TIME is concerned
So sooner or later PRICE have to aline with TIME
I am not willing to give 500 or 1500 points of Target
This TIME I would share only 1 Target
That’s 32,155 on spot
Yes for now keeping options open for 38100 for this pullback
It may or may not test 38,100 but I want to keep options open to add shorts
View, narrative and structure would remain bearish
Because it’s based on TIME
I maintain my long standing bearish view on BANKS
LAST week I posted bearish view on few stocks
From which KOTAK and ICICI dint gave sell conformations
HDFC remains week
And on INDUSIND it missed Target and was stopped out earlier in week
AXIS also wasn’t promising on downside
This rally is coming to the point where it is inviting us to challenge it
Sounds crazy but I would do it happily
Managing my risk
Would add shorts
Let’s see