Time Cycle is an advanced tool and it is surprising that such concepts help to be ahead of the majority crowd and catch lows in advance which improves decision making of the traders.
It is fascinating to see how accurately Time cycles can predict early reversals on the stock and in the same way as Indices.
J.M. Hurst defined that there are standard cycles that exists and it is possible to identify the actual cycles in stock, Indices and even on commodities.
SUNPHARMA Ltd Daily chart with 130 Days’ Time Cycle:
Time Cycle – Every stock or Index has its own Time cycle horizon. In the above daily chart, we have applied 130 period Time Cycle on the Daily chart which has been successful in capturing major lows from time to time from which we have seen a reversal on the upside. This is the power of Time trading!
On the daily timeframe, Sunpharma Ltd has been moving in a higher highs and higher low structure within its multiyear upward slopping channel. Recently, prices formed a short-term low of 1635 levels near our Time cycle which was due on 23rd June 2025. As of now, cycle has already turned on the buy side by breaking above its previous swing high i.e. near 1730 levels. For ow, we can expect good momentum to build up in coming sessions as long as 1635 levels which is the Time support remains protected on the downside.
In a nutshell, Sunpharma Ltd has already turned on the buy side. Follow up buying is needed for a fresh rally to resume on the upside. On the downside, 1635 levels is the nearest support for the stock.
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