06 Feb 2018 - 10:30am
Today SENSEX is down more 1300 points and Nifty down by 300+ at the Market Opening session...
Social Media & Print Media is having floods of news how much Lacs or Cr rupees loss in single day in Indian Market.....
Everyone calls for whats to do how such fall happens or how much fall will expect...
PANIC situation is arise now....
What to do now ???
Let me share few things as per my experience.....
Market continuously tank lower and lower levels.......created panic situation across the investor and traders.
Hence suggest everyone that do not panic in such situations, after big rally such kind of correction can occur. If your entry was right and then there should not be any fear factor.
If those who entered/invested freshly in Jan month, they will face issue of portfolio meltdown..
Now what to do at such situation -
* If your are entered in Jan month or last stage of bullish rally, it is preferred to book loss. And wait for re-enter at much lower level than now
* For rest investors, have 2 options and those who have additional money to invest then Hold your portfolio and adopt status quo just now. Wait for lower level and add your additional investment and accumulate your good fundamental stock.
* Those who do not have additional investment, then it is better to book your 50% portfolio irrespective of profit or loss. Wait for much lower level to invest the 50% back and accumulate the same good fundametal stock.
* Now what about fresh investors who wants to invest fresh money and waiting since long for market to fall, the best option for them is to start SIP (Systematic Investment Process) in directly into the stock which are fundamentally Good.
Note -
* Do not ask for levels as in such global selloff...no technical or fundamental levels will be respected... Let the market fall stops and sustain that level and then start applying technical and Fundentals to that stocks. (Technically, on immediate basis 10350 - 10050 is the big band of Support Zone)
* This is just personal view and not advice or recommendation as I am not SEBI Registered advisers (Though applied for the same).
