potential support or crash? my small rant on investing 2min read

only for education purpose, not an advice


Nifty can easily cross ath, if institutions support!!
support zone is the best place to bulk invest and not during the upside-rally, only keep doing sips or nifty can stay below 24100 for the whole year, above this level is a potential breakout!!

just my concept about investing in nifty50 : (ex. SIP amount Rs.10000)
1. if market is just consolidating - investment amount = normal SIP amount Rs.10000
2. if market is at support zones - investment amount = SIP amount Rs.10000 x 6 or 12
3. if market is crashing - wait for the market and global to settle down - normal SIP amount Rs.10000 + bulk invest only if u believe the last support is taken
4. investing is a long term game, don't invest any money which u need within 5-20years
5. big ace investors only made 1000cr+ just because they were holding good companies for good amount of years (20years+)
6. nobody know where the tops/bottoms are!!! dont try to be god!!!
7. if u ever believe u got a bottom once, that was pure luck and u will run out of luck eventually, that is why SIP is a good strategy

only for education purpose, not an advice