It is fascinating to see how accurately Time cycles can predict early reversals on Nifty, in the same way as stocks. Look, how we were able to predict a fall in Nifty with the help of simple chart pattern. Nifty moved as anticipated and Bang on!! We achieved our given target of 23300 on the downside and prices reversed from the Time cycle precisely!
See the below charts which our picked up from our previous weekly webinars in which we derived Nifty path.
Nifty Daily Anticipated as on 12th October, 2024 in our weekly webinar
Nifty Hourly Anticipated as on 26th October, 2024 in our weekly webinar
Nifty Happened as on 25th November 2024
Nifty Happened as on 25th November 2024
Nifty was trading near 24200 levels on 12th October which can be seen on the 1st chart. We also mentioned a fall towards 23300 which can be seen on the 2nd chart, which was the final target of the head and shoulder pattern.
Nifty achieved H&S target of 23300 and made a low of 23260 on 21st November 2024. Prices reversed from it precisely and in today’ session made a high of 24351. This entire move on the downside and the pullback was anticipated way before fall started in our past Weekly webinars.
Prices are behaving precisely as per the pattern and Time Cycle despite of the event – US Election outcome and Adani Scandal news.
As of now we can expect short term pullback towards 24500 levels. On the downside 23900 is the nearest support to watch out!
Brahmastra on Timing the market (Mentorship) – Learn the science of trading using the science of Time along with Elliott wave, Neo wave, Options strategy and stock selection algos over 3 months of Mentorship, risk management, money management and Live trading sessions, Know more here
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