What does it mean for our Investments?
- Mutual Funds - If still invested in equities then time to relax, as market appeared to have turn around. Starting SIP would be a good idea as we see confirmation of positive trend reversal. If in cash/ FDs/ liquid funds then it is time to start investing. If you are waiting for pullback then you might be waiting for long or might even miss the train.
- Stocks - ONLY invest in strong patterns with good earnings guidance and DO NOT forget to have STOP LIMIT on open positions. When market is in correction, it will drag everything down with it. Check out our trade size calculator to manage your risk.
Market is holding well but remain alert...