Understanding Nifty’s movement with Open Interest.

Options Trading requires an understanding of momentum, trend, time to expiry, and range.

Majority focus only on Open interest but by combining change of Open interest along with Volumes on stocks, indices the overall perception can sharply increase.

Trading conviction increases using this technique of Trading.

Nifty Open Interest chart
Options are amazing instrument to trade but only if one can understand the momentum with price action along with it. For Option buyers, trend and Time are running against them. It is therefore important that Option buyers use OI Profile to create powerful trade setups even for Intraday.

Open Interest – Overall Open interest helps to understand at what level big players are building their positions. Open interest is always looked from seller’s perspective as they are carrying the risk. As per the above chart, OI profile we can see that 23500 levels is immediate resistance due to high call sellers active there. A break of the above hurdle of 23500 on upside seems to be difficult. On the downside, immediate support is at 23300 levels due to highest build- up on the put side. For now, we expect Nifty to trade between the range of 23300 to 23500 levels and within which wild swings can been seen.

In nutshell, by combining Price action areas using Open Interest a complete trading system can be formed especially for Option buyers.

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Bank Nifty 54 Days’ Time cycle – Buy or Sell?

 Is it possible to Time the market? Can we use methods that can predict when will prices reverse with exact date and time even on index?

Time Cycle is an advanced Technical Analysis study and it is surprising that such concepts can help to time the market and catch early reversals which improves decision making of the traders.

Neo wave along with a Time cycle helps to form powerful setups with a good accuracy. See detail below research on Bank Nifty.

Bank Nifty Daily chart with 54 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.

For Bank Nifty 54 period of Time cycle works extremely well on the Daily time frame. Time trading has to be combined along with price action for precise entry.  Every time near the cycle zone we have seen a bounce on the upside. We can also observe that the Index has also been in sync with its Neo wave counts. When we combine price and time together it helps to create a powerful setup which helps to capture reversals before it has happened.

The Index has already entered its cycle zone prices formed a low of 49156 levels near our cycle where internal wave b got completed on the downside. Since then, prices have witnessed a rally of more than 3200 points which is in the form of wave c which opens up a possibility of a diametric or a triangle pattern as wave b has taken less time to form as compared to wave a. Currently, prices are trading above its previous swing high of 52100 levels and now with follow up buying we can conclude that the cycle has turned on the buy side.

In a nutshell, next few days price action is important. Acceptance above 52416 which is also a Gann level is needed to confirm that the cycle has turned on the buy side. On the downside, 51800 is the crucial support to watch out for!

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INDIGO Multibagger stock moved by more than 23% within 2 months!!

 We published about Interglobe Aviation Ltd in our Jal Multibagger stock report and predicted the possibility of multi-bagger returns in the coming 1-2 years. Check out the below research we published on 27^th February 2025.   

This stock has managed to hold its gain and gave more than 23% returns in less than 2 months and made a lifetime high of 5265 levels.

 INDIGO Weekly chart Anticipated with Time cycle and Elliott wave as on 27^th February 2025
Wave Analysis as on 27^th February 2025

Multi-bagger stock recommendation: Interglobe Aviation

Buy Price – Buy at CMP 4430 more on dips

Time Horizon –1-2 years

Investment – 5% of capital

Target price -???

Stop loss –???

Anticipated as on 27^th February 2025:

INDIGO is India's largest airline, and one of the world's fastest growing airlines. It is India's largest low-cost passenger airline offering a focus on affordability, punctuality, and passenger satisfaction in the domestic air travel sector with specialization in on-time performance.

As shown in weekly chart of INDIGO, from 2023 to mid-2024 prices moved higher from the levels of 1822 to 5035 levels in the form of primary wave (3) which is more than 170% increase. After the strong bull run this stock was contained within a consolidation and prices drifted lower from the high of 5035 levels

to 3780 levels in the form of wave (4). Post completion of wave (4) the uptrend should resume towards higher levels.

It is now time to look at the bigger cycle in order to understand the probable reversal areas from medium term perspective. Indigo is following 38 Weeks of Time cycle very well and we can observe that exactly at the cycle important bottoms are formed. The next cycle is due by 28^th April 2025. One can look for buying opportunity near the same.

So, the stock is in the long-term bull trend and the past few months of correction has provided excellent opportunity to enter now for riding the 5th wave on upside. Also, this is a reversal from major trend and so one should be aware with the risk of investments. On upside we can expect a target of … levels which is conservative level.

Indigo Daily Chart: Happened as on 09^th April 2025
Happened

Interglobe Aviation was in sync with our expectations and has delivered exceptional returns. After a dip, stock has witnessed a sharp rise on the upside and moved more than 23% from the lows in less than 2 months after our report was published. Moreover, in today’s session prices managed to make a lifetime high of 5265 levels. Since past 1 month, the stock has managed to sustain at higher levels despite major indices falling and negative global cues which is a sign of strength. The overall up move has been strong and we expect prices to achieve its target of...levels in comings months.

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Jubliant Foodworks Path Ahead with Time Cycle and Elliott wave combined!

 Elliott wave is the GPS of the market that helps to understand the overall maturity of the trend. Jubilant Foodworks Ltd is at an important juncture along with Time cycle ongoing. By combining the advanced Elliott wave with Time cycle, one can forecast further path for the stock.

Novices think of getting at exact lows and getting out at exact highs but expert traders try to capture the best of the 3rd wave and wait like an eagle for that exact moment to catch the prey most of the time.

JUBLOOD Weekly chart
On the above chart, we can see how our selected Time cycle of 24 Weeks has played out so perfectly. Time cycle has consistently captured all the recent lows before prices saw a sharp rise on the upside which can be seen clearly on the above chart. Recent low was also captured by this cycle which was made in the month of March 2025 near 575 levels and from it prices saw sharp reversal on the upside of nearly 20% was seen. A break above 700 followed by 720 can turn cycle on the buy side.

Advanced Elliott wave helps to understand the overall maturity of the trend and if the rise is sustainable or not.  As we can observe, Jubilant Foodworks have been moving in sync with our wave counts. On the downside, we expect wave 2 of wave (5) to get completed where the recent cycle low of 575 levels was made. For further confirmation, follow up buying is needed

On the downside, we expect wave 2 of wave (5) to get completed in the form of an Irregular Flat pattern (3-3-5) where the recent cycle low which was made near 575 levels.

In a nutshell, Jubilant Foodworks is at a crucial juncture. A break above 720 levels can turn the cycle on the upside and can also confirm completion of wave 2 on the downside. Once this happens, fresh rise can be seen in the form of wave 3.  On the downside, 575 is the nearest support to watch out for!

We can conclude by saying that when Price, Time, and advanced Elliott wave when all in sync it can lead to interesting results even in stocks. 

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ITC - Identifying bottoms Using Time Cycle

 Time Cycle is a Technical Analysis study and it is surprising that such concepts can help to time the market and catch early reversals which improves decision making of the traders.

J.M. Hurst defined that there are standard cycles that exists and it is possible to identify the actual cycles on the stock market.

ITC Daily chart with 55 Days’ Time Cycle.
We have applied 55-period cycle on the daily chart and we can observe how prices have been following our plotted cycle. Currently, we have entered into the cycle zone for ITC. For now, the cycle can turn on the buy side once prices break above its previous swing high level which is near 417 levels.

In a nutshell, ITC is at an important juncture. As the stock has entered into its cycle zone. Next few days price action is important, a breach above 417 levels is needed for cycle to turn on the buy side. On the other hand, on the downside 390 is the nearest support to watch out for! 

Above research shows power of Time trading and one need to not worry about not missing out the trend as when time is in favour, then we can catch moves well in advance if price action confirms.

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Nifty’s Path Ahead by using 55-Days’ Time Cycle.

 Time Cycle is a Technical Analysis study and it is surprising that such concepts can help to time the market and catch early reversals which improves decision making of the traders.

Nifty has arrived at an important juncture along with Time cycle. By combining the advanced Elliott wave with Time scycle, we can forecast the prices.

Nifty Daily chart with 55 Days’ Time Cycle.
Time cycle works well to catch early reversals even on Indices. For Nifty, 55 days’ Time Cycle works extremely well on the Daily time frame.

The main cycle is due on 16^th April and currently Nifty is entering into its 55- Days’ time cycle zone which has also been in sync with our Neo wave counts. We expect Nifty to form a short-term low near the zone where we also expect internal wave iv to get completed on the downside. Post its completion we can expect buying to resume in the Index in the form of wave v.

Moreover, the cycle can turn on the buy side once prices breaks its previous swing high of 23870 levels. On the downside, 22700 is the crucial support.

In a nutshell, Nifty is at an important juncture. As the Index has entered into its cycle zone, we can expect prices to remain under pressure until we see an upside reversal.

By combining this science of Time trading, one need not worry about missing out the trend as if time is in favour, then one can predict moves well in advance.

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Nifty Trading Using Time Cycle & KST Momentum Indicator

 It is possible to time the market if you understand the concept of Hurst’s Time cycles and Time indicators.

J.M. Hursts defined there are standard cycles that exists and it is possible to identify the actual cycles playing on stock market around those standard time cycles.

We extended that research and study to Nifty 15 minutes time frame charts and it has been working extremely well.

Below is the Nifty chart shown before the move happened.

Nifty anticipated on 1^st April 2.15 pm with KST and Pring Special K indicator:
Nifty Happened:
Nifty 1^st chart shows that as per the Time cycle, the dates of 11^th March and 17^th March were major time cycle reversal days. Prices on 17^th March 12.15pm was near 23440 and rallied by more than 1400 points to touch high of 23800 levels.

Later again we mentioned about the time cycle of 1^st April 2.15 pm when prices were near 23137 levels and from there, a move on upside of more than 200 points in less than a day as can be seen from happened chart.

Also, this up move was further confirmed as KST reversed on upside form the support blue line. KST is a powerful momentum indicator.

In between time cycles did not give price action confirmation and so have been ignored.

It is prudent to combine price with time to derive classic trade setup and one can trade without the fear of looking at the news or events but by just focusing on time.

In a nutshell, above research shows power of trading time cycle and it is possible to time the turn to very day, hour and at times to very minute. Do understand there is always risk involved and one needs to learn how to place stoploss as per Time cycle method.

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