What does the previous bear market indicate about the trend of the current market situation in 2020?

There is an excellent analysis done by CNBC TV 18 on this.
If you see…all the major corrections in 1992, 2000, 2008 happened in phases ..it started with 1 phase of correction then a pull back and then again a wave correction.
If we simply go by this logic then we have a difficult time ahead for the Market….if the Mary slides 30% from here then we may touch levels around 6k on Nifty!
Well obviously no one can predict the future but this gives us indication what can happen going forward.

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