2008 vs 2020 Nifty Index
Updated
2008 vs 2020
as we see similarities of first decline of -30% (2008) & -39% (2020)
and first correction of 25% in both 2008 and 2020 scenarios.
2008 2nd decline +4 months -28.5%
2008 3rd decline +4months - 51%
Total depression in 2008 was 64.55%
Depression will we see in 2020 should be should be above 60% too
bullish trend we are seeing in 2020 is just a correction
as we see similarities of first decline of -30% (2008) & -39% (2020)
and first correction of 25% in both 2008 and 2020 scenarios.
2008 2nd decline +4 months -28.5%
2008 3rd decline +4months - 51%
Total depression in 2008 was 64.55%
Depression will we see in 2020 should be should be above 60% too
bullish trend we are seeing in 2020 is just a correction
Trade active
Will we see 50-60% overall depression, making us on the level of 5000-6000?
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