In the last 5 odd months, we have had 7 corrections (including the current one) that lasted for 5 trading days on an average and saw the Sensex loose around 1100 points.
In the same period, we had 7 rallies where the Sensex gained around 1100 points in an average of 5 days.
05-12-2014 to 21-04-2015
Correction in Days
Rally in Days
Purely going by the law of averages, this correction seems to be nearing its end.
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