Technical Analysis of Indian Equities by Nooresh

Shanghai – Chinese Market – Deja Vu 2008 or 2010

This is just a quick chart.

China - Shanghai Deja Vu

There has been a lot of chattter on the crazy moves in Chinese markets. A funny way to look at it is that it looks so much like 2008 or 2010.

A lot of US blogs describe the above as an #Eiffel Tower Pattern.

Eiffel - Shanghai

Anyways it doesnt matter to us in India.

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Article by Nooresh Merani

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