September/October/November month has always been a month of bears.
This year Nifty 1500 (~10%) points fall in September/October.
Lets look at last 10 years data on SEPT/OCT/NOV
2017 - 10150 - 9650 = ~ 500 (~5%)
2016 - SEPT/OCT - 8900 to 7950 (~ 11%)
~1000 points fall
2015 - Nifty fell from 8900 to 6900 - Whole year almost ~
~2000 points. (~22%)
- OCT/NOV - 8400 T0 7600 -
~ 800 points (~9.5%)
2014 - SEPT/Oct 8150 to 7750 - ~ 400 points fall (4.90%)
2013 & 2012 - No big fall in the Sept/Oct/Nov
2011 = 5350 - 4550
~ 800 points (~15%)
2009 & 2010 - No big fall in the Sept/Oct/Nov
2008 - Nifty fell from 4500 to 2500 = 2000 points fall (~45%)
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