Nifty Cycle Analysis: The Cycle of Lows is Coming Soon

The havoc of 31st August pushed many of our minds towards the bear’s end. But still, this Market has enough energy to surprise us.

Let’s not be biased as a trader; we aim to make money. At the end of the day, how much we made, or how less we lose means the most.

Let’s start & see where The cycle of lows in Nifty had come before this year and how Index performed over there. I will also discuss when that same Nifty cycle is coming next.

First, it came near 24th March Bottom; the cycle date was not exact; it was off just 2-3 days. From there, we already Nifty has risen over 50% to this date.

The second time this same Nifty cycle came near 18th May 8806 low, and the same this time also date was not exact; it was off just by 2-3 days. From there, Nifty bulls gather tremendous energy as after that low, the rise/growth was fast.

Now the third time cycle in Nifty Index is coming next week, the same we can expect that Nifty can make a low off by 2-3 days and again, the rise will be there, and all bearishness will get fade.

Apart from that cycle, there is one minor Nifty cycle that moves hand-to-hand with this same Low cycle. And that minor cycle is also of LOWS only.

So, the Probability is high, but remember all these are just Probability, not 100% confirmation. To take advantage of such cycles, we have to work on the Price mechanism that I update as or when I saw a critical price level is coming.

I’ve set the groundwork for you. Watch the Market’s action next week to make the right decision. Have a great weekend ahead. - Divesh

About the author

Divesh Jotwani is a Full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day in and out markets.