Advice for LONG-TERM investors

8 mar 2022

NIFTY may find support in this "Green Zone" for a variety of reasons, which adds to the conviction.

- The NIFTY may find support from the two trendlines that have previously provided resistance. (polarity shift)

- It could find support from the 44EMA on the monthly chart, as it has in the past.

-The NIFTY has corrected by around 25% twice in the last ten years. It's possible that it'll happen again.

- The green zone is also where NIFTY intersected with the breakout indicator, yielding a reliable price level.

Advice for LONG-TERM investors

-When the NIFTY is close to the green zone, begin accumulating fundamentally strong large-cap companies.
- It is impossible to time the markets and pinpoint the precise point at which they will reverse, so begin buying with subsequent market falls.
- The markets are providing excellent buying opportunities, which you should not pass up.

Last but not the least, "BE GREEDY WHEN OTHERS ARE FEARFUL"