Few followers panicked when the Nifty had a sudden drop of 6-8% within the day and caused panic and some of the late buyers were caught off guard or get margin calls............
I had said before, when you buy an index , it is a basket of blue chips companies in the respective country represented by different sectors. So , you got margin of safety in terms of sectoral diversification. Unless the entire market crash , then from a weekly, daily chart perspective, it is still riding on a bullish trend.
You can see how quickly it falls through the channel and yesterday, it has recovered more than 60-70% of the previous fall. So, I don't understand, what is the panic all about ?
As a trend follower, there is nothing to do except ride the trend until it changes.......
I had said before, when you buy an index , it is a basket of blue chips companies in the respective country represented by different sectors. So , you got margin of safety in terms of sectoral diversification. Unless the entire market crash , then from a weekly, daily chart perspective, it is still riding on a bullish trend.
You can see how quickly it falls through the channel and yesterday, it has recovered more than 60-70% of the previous fall. So, I don't understand, what is the panic all about ?
As a trend follower, there is nothing to do except ride the trend until it changes.......
註釋
Praise God, congrats to those who went LONG at 22,000 price level.......
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。