2000-2021, dose history is repeating itself.....?
NIFTYanalysis is done on 1 week time frame, on India index nifty 50.
it shows that last time 10% move in a week was came on first week of feb 2000 (dotcom bubble) at the top [on all time high at that time].
and currently this is first week of feb 2021 and we are at 10% up in a weekly candle, plus at the all time high. it is the exact same scene created in 2000.
if it happens then we are at the blow of top. ready to burst. actually, no one knows where market can move. but be prepared for down fall.
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