Downtrend phase started in Midcap Stocks

As per weekly chart, we have seen 4 years continuation uptrend, causing highly streched valuations of midcap stocks. Those who have been invested 4 years ago, its time to book atleast 60 % of total profit, and keep some cash for investing at panic days of market which can be seen in next coming months. 50 % fall cannot be rulled out in smallcap and midcap index. So, booking gains in mutual funds and stocks will be good option. This is the time to be fearfull and not be greedy.

SIP in mutual funds can be a great way to protect from freefall of the market.