How to invest in this market
Markets are rallying for last many days because of global clues . The
biggest confusion with Investors now is to invest or not . This can be
the start of new bull run or it can be a bear market rally which might
reverse and there can again be a low made .
My views
Though markets have come long way from 2500-2600 levels , and if you have not invested at that time (before some weeks) , then you have missed some good rally .
But anyways , markets are roaring even now and there are chances of markets going little more up , after which it may again head down and then move sideways for some time or do down again .
If you have to invest for long term now , you must now wait for a dip , and then you can buy your stocks , with tight stop loss around 2850 levels of Nifty (to make it simple)
If Markets move up : Book profit on some position and keep half shares with stop loss at buy price .
If Markets go down : Get out at the SL price and take a small loss , then wait for markets to move down and when there are signs of strength again , then buy fresh , dont forget to participate that time because of fear . Watch moving averages .
Last Notes : Until there is any fresh bad news from US or world economies , chances of Nifty going down 2850 looks bleak, but expect surprises always :)
If I had money , one of my choice would be to buy Reliance (on dips now) .
Please share your comments on what else we can do and what are the good stocks to pick this time . Which one according to you can be next Bull market King .
Read how to reduce your taxes using your Losses here
My views
Though markets have come long way from 2500-2600 levels , and if you have not invested at that time (before some weeks) , then you have missed some good rally .
But anyways , markets are roaring even now and there are chances of markets going little more up , after which it may again head down and then move sideways for some time or do down again .
If you have to invest for long term now , you must now wait for a dip , and then you can buy your stocks , with tight stop loss around 2850 levels of Nifty (to make it simple)
If Markets move up : Book profit on some position and keep half shares with stop loss at buy price .
If Markets go down : Get out at the SL price and take a small loss , then wait for markets to move down and when there are signs of strength again , then buy fresh , dont forget to participate that time because of fear . Watch moving averages .
Last Notes : Until there is any fresh bad news from US or world economies , chances of Nifty going down 2850 looks bleak, but expect surprises always :)
If I had money , one of my choice would be to buy Reliance (on dips now) .
Please share your comments on what else we can do and what are the good stocks to pick this time . Which one according to you can be next Bull market King .
Read how to reduce your taxes using your Losses here
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