Hi Sunny,
True enoughthe market has gone high - but how many times have you thought at every step when the market crossed its benchmarks that it has gone high, thats an investors mentality--cool---joking friend.
Okay lets come to the point - The market has gone high and I am expecting a correction in a few days atleast a 150-200 points(may be even more) on the sensex in a very near future.
I would suggest that you enter the stock in the correction phase. The best way of buying would be divide your portfolio into 3-4 parts i.e. if you expect to buy a 500 TVS Motors, then buy it in 150-200-150 quantities.
Case 1: If the market goes still further down
This would always put you in confidence bcz you always have an opportunity to average it out.
Case 2: If the market is bullish
This would put you in confidence again bcz you keep buying till our target is achieved.
Always remember if you dont fall sick you never have immunity--it goes the same with the sensex.
Happy Investing
True enoughthe market has gone high - but how many times have you thought at every step when the market crossed its benchmarks that it has gone high, thats an investors mentality--cool---joking friend.
Okay lets come to the point - The market has gone high and I am expecting a correction in a few days atleast a 150-200 points(may be even more) on the sensex in a very near future.
I would suggest that you enter the stock in the correction phase. The best way of buying would be divide your portfolio into 3-4 parts i.e. if you expect to buy a 500 TVS Motors, then buy it in 150-200-150 quantities.
Case 1: If the market goes still further down
This would always put you in confidence bcz you always have an opportunity to average it out.
Case 2: If the market is bullish
This would put you in confidence again bcz you keep buying till our target is achieved.
Always remember if you dont fall sick you never have immunity--it goes the same with the sensex.
Happy Investing
