It is also possible that we get some quality stocks, value stocks in our momentum search results, in a falling market, if the search criteria is not too restricted. When the market is buoyant, may be Nifty 500 or go by market cap, and when market is not conducive, stick to Nifty 100 or so.
Just an idea, I am yet to experience this, as we are still in a bull market.
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