Stock Market in Upcoming days of 2024
Market in Upcoming Days
We Have Already Interred In New Year 2024 As Trader & Investor One Thing Which We all Have In Our Mind Is What Will Be Market In Upcoming Days Specially In Current Scenario When Its Trading Around Life Time High, As A Trader/Investor We Are Very Well Aware Of The Fact That History repeat It Self, So Now We Will Try To Evaluate How Market Have Been In January In Previous Years.
Nifty in January Month in Last (10-15) Years:
Yr.2008: 2008: Nifty Reached to Its New High Around 2nd Week of Jan, and was down By Almost 30% from there by Last Week.
Yr.2009: Nifty Achieved New High around First Week of the Month and Corrected Around 15% by Last Week
Yr.2010: Nifty peaked around 2nd– Third Week of the Month and Then Showed Almost 10% by End of the Month
Yr.2011: Nifty peaked on 4th, down 13% during the month. Recovery only post March.
2012- 2013: In Both Year Nifty Closes In Decent Gain By The End Of The Month In January.
2014: In This Year Nifty peaked around Last Week of the Month and Showed Decent Correction of Almost 5% by End Of The month.
2015: Nifty Showed Decent Correction of Almost 5% within 1st week, Then Recovered during Last Days of the Month
2016: Nifty Reached to It’s Top on The Occasion Of New Year (1st Jan), Then Crashed By Almost 10% by 3rd Week Of Month.
2017: In this Year Nifty Traded in consolidation Zone with Over All bullish Trend.
2018: During January 2018 Nifty Showed Decent Correction.
2019: This Year Nifty Was Quite Volatile With some Mixed Sentiment.
2020: Before March Ovid crisis market Peaked 3rd Week of the Month the Showed Decent Correction Of 5-7% Within Next Few Days.
2021: After a Great Bounce Back From Co-vid Crash Nifty Was down by More Than 5% Within Last Two Weeks Of The month.
2022: Nifty peaked Around Third Week of January Month and Showed Decent Correction from There.
So, On The Basis Of Above Mention Data We Can Say That January Have Not Been Very Positive In Last 10-15 Years for Market (Nifty)What We Can Expect In Upcoming Days Is That Market Is Definitely Going To Be Volatile And We Might See Some Profit Booking As Well So It’s Time To Be Causes.
Disclaimer : All the views are personal only kindly take expert advise before live trading or investing money in to market.
