Similarities in 1992-2000 & Current Scenario since Jan 2008

[pushkan]

27
Chart 1: BSE Sensex 1984 – 1992

Apr 84 – 240 – CYCLE START
Jun 86 – 660 – HIGH (BASE)
Mar 88 – 390 – LOW (BASE) -41%, 18 Months
Nov 88 – 719 – PREVIOUS TOP TAKEN OUT
Base Top to New Top IN 30 Months
Oct 90 – 1602.64 – HIGHER HIGH (INTERMEDIATE) +142%, 52 Months
Jan 91 – 947 - HIGHER LOW (INTERMEDIATE) -41%
Jul 91 – 1679.95 – PREVIOUS TOP TAKEN OUT
Previous Top to New Top IN 9 Months
Apr 92 – 4546.58 – CYCLE CLOSE, HIGH (BASE) FOR NEXT
+588% FROM HIGH BASE, 70 Months
+1795% FROM CYCLE START, 96 Months
28
Chart 2: BSE Sensex 1992 – 2000

Apr 92 – 4546.58 – CYCLE START, HIGH (BASE)
Apr 93 – 1980.08 – LOW (BASE) -56.62%, 12 Months
Sep 94 – 4643 – DOUBLE TOP
Base Top to New Top IN 18 Months
Jan 96 – 2820.3 – HIGHER LOW (INTERMEDIATE) -39%, 15 Months
Aug 97 – 4605 – TRIPLE TOP
Previous Top to New Top IN 34 Months, Base Top to New Top IN 64 Months
Oct 98 – 2820 – DOUBLE BOTTOM TO JAN96 -39%, 14 Months
Previous Bottom to New Bottom IN 33 Months, Base Low to New Top IN 66 Months
Feb 2000 – 6150 – CYCLE CLOSE, HIGH (BASE) FOR NEXT
+35.2% FROM HIGH BASE, 94 Months

29
Chart 3: BSE Sensex 2000 – 2008

Feb 2000 – 6150 – CYCLE START, HIGH (BASE)
Sep 01 – 2595 – LOW (BASE) -58%, 18 Months
Jan 04 – 6249 – DOUBLE TOP, PREVIOUS TOP TAKEN OUT MARGINALLY
Base Top to New Top IN 47 Months
May 04 – 4227.5 - HIGHER LOW (INTERMEDIATE) -33%, 4 Months
May 06 – 12671 – HIGHER HIGH (INTERMEDIATE) +106%, 75 Months
Jun 06 – 8799 - HIGHER LOW (INTERMEDIATE) -31%, 1 Month
Jan 08 – 21206.8 – CYCLE CLOSE, HIGH (BASE) FOR NEXT
+245% FROM HIGH BASE, 95 Months



30
Chart 4: BSE Sensex 2008 - Onwards

Jan 08– 21206.8 – CYCLE START, HIGH (BASE)
Oct 08 – 7697.7 – LOW (BASE) -63.62%, 10 Months
Current – 14625
(To be given at the time of publication)
Conclusions:
Look in for this space on June 21, 2009....:confused: