@LarryWink Here is my quick take on the way markets move. 1) 80% of the time market is on an upwards trend while 20% of the time the market is on a downwards trend. 2) Percentage fall/day in bear market is about 3x times that of Percentage rise/day in bull market. 3) On an average the market returns are around 13-14% p.a. for the Indian stock market. There could be divergence to these rules in the short term but in longer term things will converge around these rules.
Using these three rules you can see if there has been a divergence from these rules in recent times. Triangulate using your assumptions to estimate if you see market as going up or down.
I won’t comment on individual stocks that you hold but like the fact that you follow the dictum “buy on dips”.
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