nifty fell from 9119 to 6825 in the period 5\3\2015 to 4 \ 3 \2016. it took almost 1 year for the fall to complete. the current correction started on 9\9\2016. even if this correction is to be short it can be 6 months. i.e the correction can last till 9\ 3\2017. but in reality it can be longer as december and march quarter results will be disappointing because of demonetization of currency and consequent disruption. so we can expect mkt may be in slow downtrend for major part of 2017 there is no need buy stocks in the remaining period of 2016
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