NIFTY from the year 2000 to 2020. High made in 2000 next in 2008 and the same is being tested in 2020. With a major difference being those were peak of a bull run. will this be the peak as well? RSI was too high even on monthly charts in 2000 and 2008. In 2020 its not there yet. Infact RSI also seems to show positive signs.
Trade on confirmation and not on anticipation Believe in power of compounding
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.