Time Cycle helps to understand if the overall trend is going to reverse back on upside. This is advanced technical analysis method which is used for timing the market.
RVNL is following 105 Days Time cycle very well and we can clearly see that prices are forming low every time it approaches near to this cycle.
RVNL Daily chart with 105 Days Time cycle
J.M. Hurst is known as the father of Time Cycles. He identified that there are a set of standard cycles that work across markets. We need to identify the time cycle working on that stock or index.
While buying a stock one is buying two parameters – price and time.
RVNL follows a Time cycle of 105 Days which is derived using Hurst’s Time cycle method.
Time trading has to be combined along with price action for precise entry. This cycle has resulted into prices turning on upside on most of the occasions. Recently stock made low precisely near our cycle which was due by 11th November 2024. After which, prices started consolidating. For now, any breach above 485 levels will turn cycle on the buy side. Post which upside rally in this stock is expected. On the downside 408 levels should remain protected which is a cycle low. The above scenario will be invalid if 408 levels is breached.
So, by combining this science of Time trading one need not worry about missing out on the trend as if time is in favor, then one can predict moves well in advance!
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