infytrader

Historical Analysis of bearish market duration

NSE:NIFTY   Nifty 50 Endeksi
Based on the historical data, it looks bearish market stays for a minimum of 12 months during recession. And we are just 6 months in to the bear market since Jan'20, i expect it may extend till this December or Jan'21. Also during 2008 the bear market fell around 60% from its peak, ie., 6100 to 2500. If we assume the market dip 60% this time from its peak 12200 then the bottom might be somewhere around 6000. Its just market analysis based historical data , there are many factors that can change the trend of the market. So don't follow this chart for your trade.

Feragatname

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