Is it Possible to identify early reversals using 43 period Time cycles?

It is fascinating to see how accurately Time cycles can predict early reversals on the Nifty Index, in the same way as stocks. 

Is it possible to Time the Index? Can we use methods to predict when Index prices will reverse with the exact date and time? 

Look at the below chart of Nifty with time cycle applied on 15 minutes time frame chart

Nifty 15 mins chart with 43 period Time CycleTime cycle works well to catch early reversals even on shorter time frames like 15 mins, 5 mins. For Nifty, 43 period Time Cycle works extremely well on 15 minutes time frame. As expected, we successfully captured short-term pullback. Prices made low exactly near our cycle on 18^th October at 10.15 am and post which Index showed a sharp rise of more than 350 points in a single day. 

Next cycle is due by today 21^st October at 2.45 pm, one can look out for buying opportunity near the same. 

Brahmastra (Mentorship) – Learn the science of trading with complete handholding and live trading sessions, along with stock selection algos and options trading combined with Neo wave strategy. Know more 

Multibagger Stock: Gillette India Ltd up by 33% in just 4 months!!

We published about Gillette India Ltd in June 2024 and predicted the possibility of Multibagger returns in coming 1-2 years. Check out the below research we had published on 25th June 2024 itself.

This stock has managed to hold its gain and gave more than 33% returns in 4 months of span and made a life time high of 9560 levels. 

Gillette Weekly chart Anticipated as on 25^th June with Elliot Wave (log Scale)

Multi bagger stock recommendation: Gillette Ltd

Buy Price – Buy at CMP 7480 more on dips towards 6500 level.

Time Horizon – 1 - 2 years

Investment – 5% of capital

Target price – ??

 Stop loss - ??

Anticipated as on 23^rd April 2024 – Elliott Wave Theory:

Gillette India Limited manufactures and sells grooming, portable power, and oral care products in India and internationally. We have been bullish on FMCG sector since the start of the year 2024. This stock has shown its outperformance irrespective of market conditions and it has managed to protect its important support levels. Prices are showing clear impulsive rise from its low of 525 levels. Wave 2 got completed near the channel support near 4250 level. As of now, Primary wave 3 is ongoing which is further subdividing.

Prices are moving precisely within the blue channel and the lower trendline is providing good support. The 54 weeks’ Time Cycle is working amazingly as it has managed to capture major lows and tops of this stock. Cycle will provide good opportunity to enter.

Gillette Daily Happened Chart as on 18^th October 2024

Happened – the stock was in sync with our expectation. The stock has shown sharp rally on the upside and gained more than 33% in the span of 4 months!! It has recorded its fresh high near 9560 levels. The overall up move has been strong and we expect prices to achieve its target of........levels in coming months.

Want to know more about such stocks like Gillette  subscribe to our JAL-Multibagger Research Report: Get a list of stocks with high growth potential Check Here

Brahmastra (Mentorship) – Learn the science of trading with complete handholding and live trading sessions, along with stock selection algos and options trading combined with Neo wave strategy. Know more

Nifty path ahead using 2 powerful indicators

It is important to see the outlook from Time cycle perspective. Below is the chart of Nifty showing the possible path ahead using Time cycle and Neo wave.

Nifty Daily chart with 55 Day’s Time Cycle
Nifty above chart shows 3 vertical lines which are time cycles. Cycle zone will start from 24^th October 2024 and the middle line is the main 55 Day’s Time cycle line. The date as per this is near 4^th November 2024. So, we can expect prices to remain under pressure before fresh leg on the upside begins.

As per wave perspective, wave g got completed at the top in form of Diametric pattern. Since then, a fresh leg is unfolding on the downside.

In today’s session Nifty finally broke 24920 levels which was a crucial support area and showed a sharp fall on the downside and now moving towards Gann level of 24728! On the daily chart, Nifty looks to be forming Head and shoulders pattern and currently trading near the neckline. But it will be too soon to conclude as further price action is needed.

We will review the above scenario again once there is a confirmation by break below 24690. Until this happens, we can expect short term pullback towards 24870 levels.  

In a nutshell, by knowing the science of Neo wave along with Time cycle it is possible to form strong trading strategy. Currently Nifty is at important juncture. Breach below 24690 will be a strong bearish signal. As long as same is intact short-term pullback cannot be ruled out for a move towards 24870 levels.

Brahmastra (Mentorship) – Learn the science of trading with complete handholding and live trading sessions, along with stock selection algos and options trading combined with Neo wave strategy. Know more

Bank Nifty Targets Using Neo Wave and Price Action!

Neo wave along with price action helps to form powerful setups with a good accuracy. In the previous report dated on 14th October 2024 we anticipated possible rally in Bank Nifty. Bank Nifty moved precisely as expected! 

We published Bank Nifty in "Agni Financial Strategy" on 14^th October 2024 which our subscribers receive pre-market every day. Check out below the detailed research report that we published. 

Bank Nifty Daily Chart Anticipated as on 14^th October 2024

Bank Nifty Hourly Chart Anticipated as on 14^th October 2024

Waves Analysis anticipated as on 14^th October,2024.

In the Friday's session, Bank Nifty opened with a minor gap down and extended loss as the day progressed and showed a fall of more than 500 points. However, in the second half, Bank nifty lost its momentum and started moving in a sideways manner. At the end Bank Nifty closed at with a loss of -0.70% at 51172 levels. Amongst the stocks, ICICI Bank, AU Bank and Bank of Baroda were the top draggers for the day!

On the daily chart, Bank Nifty Gann level of 51416 is acting as a magnet. As prices are hovering around it since past 3-4 sessions. Previously also, 51416 level have acted as a crucial resistance area which can be seen on the above daily chart. For now, a breach below 50900 is needed for selling to resume.

On the hourly chart, it looks like prices have lost its momentum. ADX is also trading at 13 suggesting lack of trending move. As a result, we are seeing consolidation or sideways action on the hourly chart. As per wave perspective, wave g got completed and the internal structure of the recent fall is still unclear. To understand it, further price action is required.

In nutshell, Bank Nifty is at crucial juncture. Further price action is needed to understand further course of action.

Trading strategy (Spot): Short positions can be created below 50980 with 51180 as stoploss and target of 50780 followed by 50600. Long positions can be created above 51300 with the stoploss of 51100 and the targets of 51500 followed by 51650.

Bank Nifty Hourly Happened Chart as on 16^th October 2024

Happened –In our  report we mentioned about possible short covering and Bank Nifty moved precisely as expected and prices showed sharp pullback on the upside Bank Nifty moved as we anticipated. We successfully captured a movement of 800 points on the upside and achieved both the given targets on the same day.

Want to know more about Bank Nifty research report? Subscribe to our Agni Financial Strategy Research Report and get a list of stocks with high growth potential.

Brahmastra (Mentorship) – Learn the science of trading with complete handholding and live trading sessions, along with stock selection algos and options trading combined with Neo wave strategy. Read more

Is it Possible to identify early reversals using 54 period Time cycles?

It is fascinating to see how accurately Time cycles can predict early reversals on the Bank Nifty Index, in the same way as stocks. 

Is it possible to Time the Index? Can we use methods to predict when Index prices will reverse with the exact date and time? 

Look at the below chart of Bank Nifty with time cycle applied on Daily frame chart that was anticipated on 22nd August 2024 in our Monthly report

Bank Nifty 54 Days Time cycle anticipated as on 22^nd August 2024

Anticipated as on 22^nd August 2024

In the month of July, Bank Nifty was down by 1.51%. Top draggers of bank nifty included Axis bank losing -7.84% and IndusInd Bank losing -2.51%, weighing down the overall index.

On the weekly chart, we can see that the index is at crucial juncture and prices have are now at the upper trendline that has been halting the majority of the up move. However, over short term the prices are near the strong breakout level and also at 54 days cycle low.

54 Days Time cycle - On the daily chart, we can see that 54 days Time cycle has been forming lows on most of the occasions. The recent fall also was arrested near this time cycle level. Over short term, breakout above the Gap area of 51200 can resume the upside move to 53500 levels which is the lifetime highs.

In a nutshell, break above 51200 will resume positive trend in Bank Nifty to 52800 followed by 53500 levels. On downside 49600 is crucial support and any breach below this is must to open bearish possibilities. However, over short term the wave counts and Time cycles are pointing towards positive possibility as a higher probable scenario.

Bank Nifty 54 Days Time cycle happened as on 14^th October 2024Time cycle works well to catch early reversals even on Index. For Bank Nifty, 54 Days Time Cycle works extremely well on daily time frame. As expected, we successfully captured reversal in Bank Nifty. Prices made low exactly near our cycle in the first week of August and we anticipated upside reversal above 51200 levels. Index broke 51200 levels and we witnessed rally of more than 3200 points which is more than 6% and made a life time high near 54467 levels.

Time trading needs to be combined with Price action as well for precise entry. It is also possible to derive price target using Time concept.

Next date and time to track is on 18th October 2024. Around this time one can see the pattern and price action and if favorable can pull the trigger to capture another move in Bank Nifty.

In nutshell, 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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Brahmastra (Mentorship) – Learn the science of trading with complete handholding and live trading sessions, along with stock selection algos and options trading combined with Neo wave strategy. Know more