Is It Time To Buy the DIP?

in #hive-1776822 years ago

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The Indian Stock Market has been going through a very very rough patch for the last couple of months and it looks like the market might be just Bottoming up at least I feel like that. NIFTY 50 came down from 18120 to all the way to 17259 and it is now showing little signs of recovery so I think this might be time to get some positions into the Stock Market.

Personally, I have been buying Highly Discounted Stocks at a nice pace almost every couple of days so that I make a nice average to all my Bluechip Stocks but that doesn't mean I know if the Market has bottomed or not as frankly speaking nobody can predict if a Maarket has Topped or Bottomed with absolute perfection.
I did think that the Market might bounce after the Budget was announced but things don't always move the way you want them and we are still in a downward momentum. But this is also time to accumulate and in my opinion, just Average your Buys on every DIP. That is how you make Money in the long turn.

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I will really love to learn about buying stocks. I have been meaning to learn it, didn't just know how

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