Market is 20% knowledge and 80% behavior.The same HDFC just 1-2 weeks before was start running and those who was not invested started to think like FOMO and today when the Market is again giving the opportunity to buy it,nobody wants to buy but when FII start buying the same stock again and it start going upward, people again feel FOMO and this cycle keep on going.My expectation is moderate and level 1450 and below is good time for me to start buying this high quality stock in systematic manner and sit tightly.Good stocks available at good valuations only after a bad news come out and if that bad news is temporary in nature, i pack my bag to start buying that stock.
I may be wrong and contra views are welcome.
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