Monday, November 21, 2016

Nifty Cycles Update November 21, 2016

We see that the weekly Primary cycles range between 20 to 25 weeks. Occasionally they get shortened to 16 weeks as well. Mostly this happens when a large cycle such as a 50 week cycle comes and juxtaposes. Unless Nifty turns up and closes above the previous week high, we cannot conclude that the cycle has bottomed.Cycles never bottom out on precise weeks...this is because they are subject to the pulls and pushes of several other cycles.

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