Further to my earlier post..
The next wave (its a not a simple wave but the second wave of Tsunami) hit. Giving no chance for the retail investors. Those who have sustained these two waves will surely comeback. Cheers.
Simple Analysis :
Banknifty index from 32000 dived to 16000 = 50% - first wave
since Big institutions also lost huge amount, they might have pumped in further extra money and that took the index from 16000 to 24000 -25000 (which is half of 32000) - Now Big institutions took away the extra money they put in at 24-25k (including the money from new age Robinhood investors/traders). So 24000-16000 = 8000 = (8000/2)+16000 = 20000, which will be the support level. If the institution try to further sell off, then retail investors/traders, who would jump in will win (Mr.Buffet might have waited for this wave to hit).
IMHO 20k would be the strongest support (one can see the lifetime support line at this level). Any stocks below this trend line is a good bargain buy. Hold tight for 3 years and will be triple. Forget Dow or Sgx or Nasdaq movements, just buy and hold tight, book partial profits. Not sure when would the Tsunami wave will vanish for Nasdaq/Dow. But here, stay invested for 2-3 years. Don't pull away the money at wrong time especially if in loss. Invest like SIP ie., every fall buy 5% here onwards. Don't hesitate to book the partial profit at regular intervals.
Those shorters from 32000 to 16000 earned good 16000 index points money.
Those long from 16000 - 25000 earned good 16000 index points money.
Those shorters from 25000 to 20000 earned good 5000 index points money.
Those people who are on the winning side during these both movements are genius.
As everyone knows - One lose to other and the other loose to some other. Only 5 % of genius people collect from everyone.
I read many analyst writing there will be 'K' shaped recovery. When basic financial institutions itself is not healthy and if Banks are on the downtrend of K shape recovery, then rest will follow to form alpha sooner or later.
Good luck investors.
Disclaimer - All views are as per my studies, observations and logic. For all good unknown reasons my views have also failed many times. Please do study on your own and take decision accordingly to your risk profile.
The next wave (its a not a simple wave but the second wave of Tsunami) hit. Giving no chance for the retail investors. Those who have sustained these two waves will surely comeback. Cheers.
Simple Analysis :
Banknifty index from 32000 dived to 16000 = 50% - first wave
since Big institutions also lost huge amount, they might have pumped in further extra money and that took the index from 16000 to 24000 -25000 (which is half of 32000) - Now Big institutions took away the extra money they put in at 24-25k (including the money from new age Robinhood investors/traders). So 24000-16000 = 8000 = (8000/2)+16000 = 20000, which will be the support level. If the institution try to further sell off, then retail investors/traders, who would jump in will win (Mr.Buffet might have waited for this wave to hit).
IMHO 20k would be the strongest support (one can see the lifetime support line at this level). Any stocks below this trend line is a good bargain buy. Hold tight for 3 years and will be triple. Forget Dow or Sgx or Nasdaq movements, just buy and hold tight, book partial profits. Not sure when would the Tsunami wave will vanish for Nasdaq/Dow. But here, stay invested for 2-3 years. Don't pull away the money at wrong time especially if in loss. Invest like SIP ie., every fall buy 5% here onwards. Don't hesitate to book the partial profit at regular intervals.
Those shorters from 32000 to 16000 earned good 16000 index points money.
Those long from 16000 - 25000 earned good 16000 index points money.
Those shorters from 25000 to 20000 earned good 5000 index points money.
Those people who are on the winning side during these both movements are genius.
As everyone knows - One lose to other and the other loose to some other. Only 5 % of genius people collect from everyone.
I read many analyst writing there will be 'K' shaped recovery. When basic financial institutions itself is not healthy and if Banks are on the downtrend of K shape recovery, then rest will follow to form alpha sooner or later.
Good luck investors.
Disclaimer - All views are as per my studies, observations and logic. For all good unknown reasons my views have also failed many times. Please do study on your own and take decision accordingly to your risk profile.