What does it mean when they say market is at ‘top’ or ‘bottom?

Share markets are a maze of data and information. There are 2 methods to analyze the market. One is fundamental analysis and the other is technical analysis. In technical analysis, share market professionals use historical records and drift to forecast which track a particular share of a firm or a benchmark index like the S&P BSE Sensex or NSE Nifty Can move. 



What does it mean when they say market is at ‘top’ or ‘bottom?

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