Is it Possible to identify early reversals using 89 period Time cycles?
Aug 22, 2024
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 15 minutes time frame chart that was anticipated on 17th August 2024 in our Webinar with 1000s of participants
Bank Nifty 15 minutes chart: Anticipated on 17th August 2024 in Saturday Webinar.
Bank Nifty 15 minutes Chart: Happened on 22nd August 2024
Time cycle works well to catch early reversals even on shorter time frames like 15 mins, 5 mins. For Bank Nifty, 89 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 19th August at 1:45 pm which was predicted in our webinar held on 17th August 2024. Index showed upward momentum of more than 700 points.
Next date and time to track is on 23rd August at 11:00 am, one can look out for buying opportunity near the same.
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