Om Namah Shivay,
Today was testing the 3/12 cyclic repeatation logic and tried on few stocks/indexes. Here is the one tried on Axis bank.
In simple wording, A clock contains cycles of 12. And 3 is one of the major cycles in a clock. If we check this on financial price fluctuations, the cycle should be visible someway. In the form of 12 years, 12 months, 3...
looking at the indices and sectorial stocks kotak and hdfc dragging , while all others pulling it higher , icici still has a 10% upside left while sbi will follow and will keep on making a higher high.
yes bank may consolidATE as like axis bank .
Indusind will approAch new LTH .
and sooner or later hdfc will come into picture to keep the show GO ON !
