SHOULD YOU START BUYING ?
NIFTYtoday market shoot-up . many people are buying with the mindset that market fall is over now and market will turn around .
Is it really a case or not lets find out
first of all lets understand that what is happening right now
- market fall drastically as ukraine and russian tension starts sallers were making money and suddenly russia announce war against ukraine and world wide market fall and that at mid-night us president did not announced direct war against russia as most of people assumed because of that sellers booked their profit and smart inverters starts value buying .
But as a trader you have to look at many things was ukraine conflict only reason to pull market down ? answer is NO , there are other thing that impacting market biggest one is inflation and lifted interest rates because of that FII are selling their stakes .
another thing is that continuously news are flowing about russia and ukraine
WHAT I SUGGEST
wait for a while (2-3 session ) and let the thing get clear
if you are inverter you can start buying your shortlisted stocks .
if you are a trader and don't want to miss any trend you can purchase half quantity . i would recommend to wait for my next post .
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