SENSEX JOURNEY TO REACH A PARTICULAR MILESTONE IN TERMS OF NUMBER OF DAYS

1. I post here the number of days the Sensex has taken to reach a particular thousand mark.

2. A point is to be noted that the more the number of days Sensex spends between reaching another figure thousand mark, more is the resiliency and accuracy of the mark.

3. If we analyse below data we will realise that we are almost at the tip of the pyramid where only 5 or 8 days have been used to achieve a thousand mark as compared to 142 days and 136 used for reaching 15000 and 13000 mark respectively.

17k-18k: 8 days
16k-17k: 5 days
15k-16k: 53 days
14k-15k: 142 days
13k-14k: 27 days
12k-13k: 136 days
11k-12k: 20 days
10k-11k: 30 days