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Correction

Discussion in 'Traders Coffee Shop' started by shabbir, Aug 11, 2017.

  1. shabbir

    shabbir Administrator Staff Member

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    How much correction do you prefer in Nifty from its recent peak to invest again?
    Less than 5%
    Between 5 and 10%
    More than 10%
     
    shabbir, Aug 11, 2017
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  2. bnnarayana

    bnnarayana Contributor

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    Nifty, if the correction is more than 10% it is good , as we can invest in value stocks at lower level,which will give good returns. This is my personal openion.

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    bnnarayana, Aug 11, 2017
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  3. suhel_b

    suhel_b Member

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    I prefer more than 10% so I can put my hands on my favourite stocks.

    I have added Sun pharma and Lupin this time.
    Previously had accumulated Tata motors, TCS and Infosys at a very good price and now in good position.

    But honestly, without this forum, I would have joined the herd of buy high sell low and would have bought stocks at any price. Hats off to all!!!!


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    suhel_b, Aug 11, 2017
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  4. nirajshah

    nirajshah Champion

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    My personal preference will be if correction is between 5 to 10% as that will weed out weak investors and market may rise on the back of strong investors.

    If more correction is seen in market then it can mean lot of retail investor may start seeing market as scary because we had all good fundamental going like GST and demonetization

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    nirajshah, Aug 12, 2017
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  5. arunmohan

    arunmohan Active Member

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    I currently see 5% to 7% correction, if global scenarios continue to be speculative then it is possible my opinion.

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    arunmohan, Aug 12, 2017
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