Nifty Breakdown below 23500

[SSV]

18.7k is too far fletched as per me.. Dont see Nifty breaking 20k in worst to worst case scenario.

See, when you can see a downside of 20K, it can even touch 18.7K ..
Generally what happens: ,
whenever prolonged downside / upside happens it goes beyond the expected lower side / expected upper side. that is the tendency.. overshooting .. that is how the market behaves.. so , dont be surprised to touch 18.7k when you are already expecting 20K... but it may not stay there for longer period , just touch and go.....

 

[MANAV28]

See, when you can see a downside of 20K, it can even touch 18.7K ..
Generally what happens: ,
whenever prolonged downside / upside happens it goes beyond the expected lower side / expected upper side. that is the tendency.. overshooting .. that is how the market behaves.. so , dont be surprised to touch 18.7k when you are already expecting 20K... but it may not stay there for longer period , just touch and go.....

Agreed my downside expectation is 21k and prolonged downside level is 20k. Anything below that be will massive money making opportunity.

 

[dipendrak1]

Many of my friends are still waiting for Nifty to reach 7,500 since the market crash during COVID. Don't just wait—invest a portion of your money during every dip.

 

[cardio_guycardio_guy is verified member.]

This seems good when you have surplus money. In time of need mostly you end up with either low return or no return in markets. This strategy can be followed only when you don't need that investment for next 10 years. Buying the dips and more dips don't always pays off if markets remain stagnant for longer period like between 2010-2017.

Yes that is why I planned of investing only surplus in nifty. That too tracking nifty level is easier.
For example Invest till Nifty is less than 25k. Take out when nifty touch 30k.