ICICIBANK 2008 fall has almost simialr candlestick charactristics.
fall happened in 10 months from top to bottom.
first 4 candles look similar. 5th is a little different. but looks like we have another 50% correction if we compare with 2008.
first 5 candles have almost 50% correction for the first months in 2008
almost 50% correction now in 2020 also
although the events cuasing it or way different
in 2020 we are in 5th month.
just providing a comparison.
this is only for reference purpose
fall happened in 10 months from top to bottom.
first 4 candles look similar. 5th is a little different. but looks like we have another 50% correction if we compare with 2008.
first 5 candles have almost 50% correction for the first months in 2008
almost 50% correction now in 2020 also
although the events cuasing it or way different
in 2020 we are in 5th month.
just providing a comparison.
this is only for reference purpose