The sell off by fiis in october is the largest in last few years and october is the always the month of corrections with intermediate bounces
The same pattern is likely to continue with some bounces in between
However this is the best period to accumulate good value stocks and hold with patience as nothing has changed and the bull market will continue after correction and few days and months
Only those who have patience and conviction will make fortunes as money is always made by buying in bear markets and holding with patience
The mistake people do is they fear when markets fall and believe that its the end of the world , but that doesnt happens and its not the way things work out
Things and time changes and those who buy in panic times , falling markets and bear markets and hold it with patience and conviction are the ones who make big money
The human behaviour is that people buy when everything looks good and sky becomes the limit , this greed and multiple flocks of people from all corners and ground starts trading and speaks, discuss about stock markets , mutual funds , sips and start believing and chasing easy money which is never easy and a big trap
Markets will never rise for ever nor fall for ever , its a phenomenon from ages , so be disciplined and buy value stocks
Dont trade in stock futures , dont sell options
Trade only with proper appetite in limited vanila options in index and stocks
Buy and invest in value stocks
Accumulate silver which we have advised from many years , keep buying and accumulating in all dips , be it silver etf or physical as per comfort and need , but accumulate
We like and have mentioned few stocks several times Motilal oswal , national aluminium , nmdc , hindustan zinc ( silver + dividend) play, scilal to name a few which must be bought and accumulated at all dips and held in portfolio
We have much more and appropriate strategy , make full use , dont be a spectator
Dont fear and panic as volatility and sharp ups and down will continue
Have a strategy , pick the value stocks and add on all dips and reap big money in next few months
Wish you all a very happy festive week ahead
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