Nifty Lunar Cycle (Moon phases) and 55 Days Time!
Mar 02, 2022
Like this Article? Share it with your friends!
Market movement is governed by cycles of Time. This means that the lows and tops are formed in rhythmic fashion and not randomly. Many thinks that events are the reason for movement of stocks or indices but that is not the case.
Below chart of Nifty shows Lunar cycle along with Full Moon (highlight below the price) and No moon (empty circle above the price)
Nifty Lunar and 55 Days Time Cycles
As shown in above chart since the top formed at 18600 on most of the Full moon or Pournima we have seen market forming a top and reversing on the downside from there. Even the recent top near 17500 was from the Full moon and we crashed from there.
The event of Ukraine Russia war invasion came only on 24th February 2022 and we have been moving lower much earlier than that. The low formed on that day near 16200 was on the parallel channel shown in red. From there prices are showing some stability.
No Moon cycle or Amavasya – We can see that most of the lows are formed on the no moon days or a prior or after that on most of the occasions. Now on 2nd March 2022 we have a No moon and prices have already bottomed on the 55 Days Time cycle shown as the vertical line above. This clearly shows that prices are following the Time techniques extremely well when majority are focused on news or events which is only following the markets and not the other way around.
However, remember Price and Time confluence is most important and the same will be happening on move above 16800 levels. So when Time is supportive chances of valid breakouts are higher. This way one can avoid false breaks.
Isn’t this astonishing to see how well the Time governs stock market and events are also following it extremely well.
We apply this concept of Time even on 15 minutes and 5 minutes Time frame and the same has worked out amazing for our Mentorship participants. It has lead to transformation and we call this Elite group of traders as #TimeTraders.
Be a part of upcoming Mentorship on Timing the Markets with early bird ending on 5th March. Learn the science of Trading the markets with an Edge, discipline, Options trading strategy, algo creationg and much more. To know more simply fill the below form.