in response to the last point How to navigate to the cycle … I found an interesting article at fidelity regarding the business cycles .
What is business cycle : It reflects the aggregate fluctuations of economic activity, which can be a critical determinant of asset performance over the intermediate term. ( Not my words 
i am not that much intelligent.)though It is copy paste but make sense.
Why market cycle to consider in my opinion and my short experience i am wondering the Nifty moves in narrow range but hurt my portfolio in very strange manner .I think Do i have wrong selection or i have not purchased right or i fail to recognize the some for the key variable in the business to some extent YES but after going through this article i realise it is the business cycle which affect me more so asset allocation decisions according to the probability that assets may outperform or underperform is equally important with the CAPITAL allocation in the equities . It help to mitigate the risk . ( I may be wrong )
where r we as a developing nation in the cycle
Asset class performance patterns
Sector performance rotations within asset classes
in my opinion we are in mid phase … i request the senior to please guide on this ( i may be 1005 wrong)
source: https://www.fidelity.com/viewpoints/investing-ideas/business-cycle-investing
disc : this for educational purposes .If senior VP or moderate think it is offended please delete