- Tremendous growth - A period similar to 2003-2007 where Nifty went from 2000 to 6000 in just 3 years (a 200% rise) and anyone who invested in anything made money blindly. BUT anyone who invested wisely made solid financial fortune and might have even achieved financial freedom. Current market can present similar opportunity of 200% gain in next 3-5 years depending very much on execution strategy, progressive changes in governing policies along with economic growth, hence if you invest wisely then this could be your chance to make it BIG.
- False picture - All the hype of "Modi" sarkar vanishes in coming months due to incapacity or lack of control in delivering the promises which would be very devastating to markets and could trigger the bear market.
What does it mean for our Investments?
- Mutual Funds - If already invested in equities then stay put, use the pullback as an opportunity to add to original position. If in FDs/Liquid Funds/Cash then wait for market to consolidate around current levels. You can also start testing waters by investing small portions for now but make sure you have exit plan just in case market drops.
- Stocks - Invest in strong patterns with good earnings but DO NOT chase stocks at highs. Wait for a pullback or consolidation, remember timing matters and use STOP LIMIT to protect from big loss. Try our trade sizing tool.
Market in strong bullish pattern but currently in pullback...