NIFTY - Correction percentages
I have tried to capture percentage of correction happened in NIFTY from the year 2017.
We can see max correction 38% we have seen is during the covid period. Apart from this we have never seen a correction of more than 17%.
Right now the NIFTY has corrected around 4.5% from the level of 26000.
Conclusion - Even though though correction happens still NIFTY is rising above and above after every correction. Focus on long term not short term. This is a good time to buy good fundamental stocks at dip.
We can see max correction 38% we have seen is during the covid period. Apart from this we have never seen a correction of more than 17%.
Right now the NIFTY has corrected around 4.5% from the level of 26000.
Conclusion - Even though though correction happens still NIFTY is rising above and above after every correction. Focus on long term not short term. This is a good time to buy good fundamental stocks at dip.
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