Last year I had done a study how we get Tops in Jan and Feb and its best to wait to enter the markets if we are fresh investors.
I am re-posting the link here for your benefit and adding a update for last year.
Last year the market topped on Jan 6th at 5310. The bottom Feb 8th was 4675. A fall of 12 pc.
So, hold your horses, if you go by history.
Thanks Vishal for prodding me to dig into this.