Monday, September 30, 2024

morning thoughts...

To keep it simple , global markets will effect Indian markets and the plain strategy remains to be in momentum stocks with a small hedge in index

One must always be ready for 20-30% correction in markets and must not be fazed by same as markets cannot continue to go up
However markets will continue to trick people who are looking to time the market and looking for substantial correction just for the sake of going up too much
Markets do not fall that way , it will keep frustrating short sellers and fill greed in long traders

Stay with momentum stocks and donot try to play useless big shorts or longs in futures

Look for sectors like metals , power , oil and gas

We believe cash , options buying ( not selling )  is the place which remains the beneficiary and will help investors build huge corpus

Dont gamble , invest and trade for short term

Avoid daily trades and intraday

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