Is Nifty Trend Reversing? a Comparison with 2005 to 2008 Chart patterns

Is Nifty Trend Reversing? a Comparison with 2005 to 2008 Chart patterns

• Was looking at Nifty Today. Some how feel that the reversal has already started.
• Comared the patterns with 2005 to 2008 Nifty and it looks same to me
• Look the below Charts and let me know what you think,
• You can see every time it fallen it hasn't crossed previous highs.
• Be Cautious while trading.

3yrs Chart till Date:

2005 TO 2008 Sep Chart

Dowjones VS Goldman's sacs comparison 5 years chart

Dowjones VS Goldman's sacs comparison 5 years chart

• Many people think investing in stocks in long term and in quality stocks will give good returns.This is not true and want to break this myth and give you an example with one of the leading stocks in the world Goldman sacs.
• As you see in the above chart in 2009 when market started recovering, if some one has invested in Dowjones index would have got 100% profit by now
• While someone who had invested in a good quality stock like Goldman sacks would have got 0 % returns
• Why does this happen.Its because Dowjones has a mix of sectors.So in last 5 year financials hasn't done any good,but other sectors like retail,IT would have done good and this has pushed the profits of Dowjones. While Goldman sacs got stuck in financials and and didn't move

So the moral of the stories is Don't put your eggs in same basket.

Invest in index if you want long term gains.