Nifty Trading Time Cycle on 15 Minutes Before RBI Policy Event!

 Nifty Trading Time Cycle on 15 Minutes Before RBI Policy Event!

RBI policy announced today did not increase repo rate and kept it unchanged at 6.50%. Nifty already moved up before announcement.

But, was the move predictable? Absolutely Yes, and we derived path of Nifty much ahead on 3^rd June with 1000’s of participants during live webinar.

Below is the chart of Nifty on 15 minutes Time cycle basis

NIFTY (15 mins) ANTICIPATED ON 3^RD JUNE 2023 – Live webinar

 HAPPENED NIFTY (15 MIN) HAPPENED As ON 7^TH June 2023

As can be seen on 1^st chart we expected a move on upside to 18640 then a move on downside and a rally after that.

Happened – Nifty moved precisely as shown in path ahead. Interestingly this happened even before the event announcement.

Nifty has moved preciously as per time cycle and the above chart shows the same. As we can see Nifty formed low near 18530 levels which is exactly on our 43-period time cycle and reversed as we mentioned and even tweeted on 6^th June 2023 that 11am is the time turning area.

One should combine time cycles along with Price action to trade profitably.

In a nutshell, Time works if applied correctly and by using this simple concept of Time cycles one can trade positional, intraday and for options it becomes all the more important.

Master of Cycles -  Learn to Time the market to very Day, Hour and Minute by understanding this scientific approach of trading. For very first time we will be combining KST Time indicator along with Ichimoku Cloud and Time cycles in upcoming training on 24^th – 25^th June 2023. Limited seats only, Early Bird Ends on 9^th June 2023.