This article is about the Analysis of the Financial Crisis 2008 in India which happened over the period of 45 weaks subprime Crash. The Analysis was done in the Nifty 50 Index in the Weakly Chart.
This Chart Shows there are Totaly 45 weakly Candlesticks are there. The Crisis happened in three phases. Each Phase takes 15 weeks as Shown in the Chart.
Maximum Fall in Financial Crisis 2008
During the Start of the Crisis, the Nifty index was trading at a price of around 6200 and after 45 weeks it was trading at around 2500.
The index has fallen nearly 60% in the period of 45 Weaks. As shown in the above Chart.
- 1st Phase Fall: – 27.5 % Fall
- 2nd Phase Fall: – 23.4 % Fall
- 3rd Phase Fall: – 44.2% Fall
Let we Analysis each Phase in Detail
1st Phase Economic Crisis 2008
The 1st Phase was happed for a period of 15 weeks. For the First 10 Weaks, there is a continuous fall in nifty from 6200 to 4500 fall of nearly 27.5 %.
In the next 5 weak there is a bounce of 15.5% from 4500 to 5200.
In the First 2 weak there is a Maximum Fall of 28%
2nd Phase Stock Market Crash
This phase also happened for a period of 15 weeks. 10 Weaks of fall and 5 Weaks of rising.
In the first 10 weeks, there is a fall of nearly 24% from 5200 to 4000
and the bounce is from 4000 to 4600 a rise of nearly 15 %.
3rd Phase Subprime Crisis
The 3rd Phase also happened for a period of 15 weeks. First 10 weeks of fall and next five weeks of a flat market.
In the first 10 weeks, there is a fall of nearly 44% from 4500 to 2500.
and the next two weak there is a bounce of 25% from 2500 to 3150.
Initial Crash of 2008 Crisis
In this post, we will discuss the Initial crash of the 2008 Crisis.
- Chart taken is Day Chart
- Nifty 50 Index
Market Fall
During the Start of 2008 Crash, the nifty index was trading at near 6300 levels. In the two weeks ( 10 Days ) the market Fall from 6300 levels to 4455. A fall of 29.2% in the first 2 weeks.
Market Bounce
In the next two days, it went up from 4455 levels to 5250 a bounce of 18% in two days
In the next two weak it went up from 4455 levels to 5500 a bounce of 24% and then the fall begins.
So this is the end of the Article.
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