7 consecutive -ve closing in NIFTY
Today closing around 23030
May be 8.
Yup what a time to be alive & see red streaks in NIFTY & PORTFOLIO
Only if your portfolio avg age is less than 1 year.
There isn’t much panic, every day after fall market bounces somewhat. Morning fall, then struggle, then pause/bounce after 1400 or so. Pretty annoying, maybe sip flows.
Nothing special. Markets move up and down.Downfall is pretty slow and there isn’t too much panic. In a row doesn’t really matter.
7 days move like this can happen in a few hours - that is a strong move, this is small stuff.
Its a big stronger in mid/small caps - which is also normal and its good to get some rationality in that space. People are going crazy looking at past returns.
I get your point.
I was not telling about losses.
In fact, what would I gain by telling that?
I was only concerned with the odds of closing 8 days in red.
which is 0.69%, coincidentally matching with today’s NET BUY 69 crs (DII FII)
I only replied wrt this. That this is not that much of a move.
Crude going negative was something. Covid was something.
This is everyday life imo.
Yeah its a bit of a streak yes. Rare too perhaps. But overall move is normal imo.
Dunno if streaks have edges, haven’t tested. But seems like a good start for buy the dip long only, but i am not sure if streak itself has some meaning vs just a more generic fall condition.
Anyway …
5
Lets start the count again
NIFTY :
Keep one ready for today too.
Buy the dip or hold wale Kahan hai😂
15% hi to gira hai, kya badi baat hai, yeh to hota rehta hain
Totally forgot