What a dramatic week!In a single dramatic swoop, six days of uptrend was demolished in Nifty, on August 31. The uptrend rose to a crescendo to 11794 and dramatically reversed….Nicely the cycles and planets did forewarn us final week….Correction has now accomplished 4 days and we see determined articles all around the internet….!

Allow us to briefly study what’s in retailer..I say briefly as a result of I intend to maintain my posts, brief…Extra of them however shorter.

Present sub-cycle has up to now taken 15 buying and selling days and a transparent prime was made on the eleventh day. Sub cycle size is proven in dotted blue traces and the crest time is proven in purple traces.Total present cycle size is proven in black dotted traces. We now have accomplished 24 buying and selling days up to now.

So we make some inferences right here:

 1. The present sub-cycle is near ending, presumably inside a day or two. This implies the current down-move could get arrested and one other up-move could begin inside two or three days. 

2.Present cycle was closely proper translated. This implies the following sub cycle additionally could possibly be a bullish one and presumably the 11794 ranges may surpass. We now have to attend and see.

3. Final cycle was of 54 days. This cycle has up to now performed 24 days ( see the black dotted traces ). It’s unlikely to be as prolonged because the final cycle. We hazard a guess that this cycle is also within the 30s class….which brings us to September 18 to 25 as necessary cycle prime dates to observe.

Taking a better take a look at the Index,

 Whole rise began from August 14 from a backside of 11111.That very same backside has 50 SMA approaching. So it is a vital assist.If Nifty touches this stage and reverts, I’d nonetheless contemplate as a precursor to a market prime within the close to future…All important market tops present a breach and restoration first earlier than a giant break down.

It’s important that Nifty didn’t ever go all the way down to 50 SMA since 27 Could 2020. It had breached 20 SMA briefly however has at all times recovered. Now additionally, 20 SMA is breached and we have now to see if there’s a swift restoration from right here.

A swift restoration will point out that there’s energy in bulls. A weakening to 50 SMA will point out that the underlying energy has begun to shift to the bears. Little doubt a restoration cycle will nonetheless be there, however I’d be very circumspect.

If 11111 is breached and Nifty closes beneath that, then all bets are off. At present I really feel that risk is somewhat distant.   

As talked about final week, three signatures mixed collectively to trigger a prime final week. Uranus retro impact, Venus reverse Pluto and Venus reverse Jupiter.

Venus reverse Saturn and Solar trining Neptune could precipitate a backside this week.

By September 09, Solar trines Jupiter, however it’s a weak cycle. So the brand new cycle starting could possibly be somewhat tentative. Subsequent week we Solar reverse Neptune and Solar connecting to Pluto by the use of a trine. Each are potent mixtures they usually may pull the market up.

When the market begins tomorrow, Moon will conjunct Uranus, the Grasp of suddenness! Can be fascinating to observe what occurs!

And September 09th, the Motion Hero, Mars goes retrograde…Will it’s benefit Bears by September finish? We simply don’t have any possibility however to attend and watch!

Please commerce safely. Volatility has elevated and it isn’t going to go away anytime quickly.

My pranams to all my Academics of the previous and the current, who’re including worth to my existence!