Kripakar kumble
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Is NIFTY is at its peak now ?

Kripakar Kumble at 12:27 AM - Aug 23, 2015 ( ) Views: 1,169

2 5

Hi friends....

just some food for thought.

If we see the past history of NIFTY,  there is a major correction cycle in every 8 years.

If the same scenario continues, then 2015/16 may be another correction year.   

See the following data..

year Min Max Correction %
1990 279.02 480.38  
1991 306.22 572.28  
1992 572.82 1280.92 53.2
1993 599.51 1069.78  
1994 1082.80 1384.94  
1995 843.68 1182.14  
1996 775.43 1203.11  
1997 905.20 1297.10  
1998 800.10 1247.15  
1999 882.60 1522.85  
2000 1108.20 1818.15 53.3
2001 849.95 1422.95  
2002 920.10 1205.95  
2003 920.00 1914.40  
2004 1292.20 2088.45  
2005 1894.40 2857.00  
2006 2595.65 4046.85  
2007 3554.50 6185.40  
2008 2252.75 6357.10 64.6
2009 2539.45 5221.85  
2010 4675.40 6338.50  
2011 4531.15 6181.05  
2012 4588.05 5965.15  
2013 5118.85 6415.25  
2014 5933.30 8626.95  
2015 7940.30 9119.20  
2016      

i think  2015/16,  there may be a major correction.

What do you all think ?

 

 

 

 

 


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Kripakar Kumble at 11:03 PM - Aug 23, 2015 ( )

Yes...

NIFTY has traded around  4500+ level in 3 consecutive years  2010, 2011 & 2012  which i think a strong base for the market.

Assuming that there will be 53+%   correction as in the previous mega corrections,  then NIFTY may come down around 5000+ level  little above  4550 base.

Assuming this scenario,   NIFTY should go upto 10000+  and then a correction may come

Just my assumption.  I may be completely wrong

Prabhakar Sathyanarayan at 11:01 PM - Aug 23, 2015 ( )

6700 BIG SUPPORT??

Shalini Sharma at 10:45 PM - Aug 23, 2015 ( )

So that correction aafter once 2016 start & new high will become than big corretion i think after april 2016 mkt will fall.

Ayan Nayak at 02:21 PM - Aug 23, 2015 ( )

Possible...

In 2012 - 2013 Some Mudraa Member Told Me That There wont be any Major correction till 2016.......As per mkt cycle......Till Now it proved to be right.....I Think its Karthik V who told me that ,He also put that mkt cycle chart,But i deleted it later as it was thru inbox....Someone has sent to him and he showed it to me for reference.

May be we can expect correction in early 2016 or Late this yr roughly......He meant mkt il be in bearish mode ....

You Can ask him for that chart,If u need it..

Kripakar Kumble at 01:56 PM - Aug 23, 2015 ( )

No replies ?

what you all think friends...?

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