everything am sharing here is for educational purpose.
do the analysis yourself before every trade.
Time line of Nifty=(2005-2014) (2014-2020)(2020-202)
1.Nifty from 2005 to 2014 consolidated between 2590 to 6360 nearly 3780pts.
(including 2008 global crash).
2.Nifty from 2014 to 2020 it is moving from 6600 to 12260 nearly 5650 pts.
(including corona crash).
Here nifty moves more then 90% and consolidate within (2005-14) & (2014-2020)
and two times the market crashed after the big rally .you can check the India and global GDP growth rate during these years i think it helps to understand the crash and recovering situations. so here nifty may reach 25000 to 30000 within 2024 to 26. And who knows when the next crash will happen. maybe 2026 or .....
do the analysis yourself before every trade.
Time line of Nifty=(2005-2014) (2014-2020)(2020-202)
1.Nifty from 2005 to 2014 consolidated between 2590 to 6360 nearly 3780pts.
(including 2008 global crash).
2.Nifty from 2014 to 2020 it is moving from 6600 to 12260 nearly 5650 pts.
(including corona crash).
Here nifty moves more then 90% and consolidate within (2005-14) & (2014-2020)
and two times the market crashed after the big rally .you can check the India and global GDP growth rate during these years i think it helps to understand the crash and recovering situations. so here nifty may reach 25000 to 30000 within 2024 to 26. And who knows when the next crash will happen. maybe 2026 or .....