You should probably exit the market when Nifty is 19500+
I know, this advice sounds strange from a person who is bullish on India.
However, when I say you should exit the market now, I refer to those nervy & emotional investors who won’t be able to digest the volatility when market corrects.
If you can’t digest volatility, it’s better that you exit the markets. And if not now during the bull market, when is the better opportunity?
At Nifty 19500, almost every other stock is doing well. You’ll get good prices to exit your portfolio.
One thing is for sure. Market’s have never & would never rise perpetually in a single straight line upwards.
Everyone likes it when markets are up. However, when market goes down, immature investors are the first to curse their portfolio managers, research analysts, company promoters & the market as a whole.
If you follow me & can relate yourself as someone mentioned above, the best advice at this point I can give is to book profits at 19,500. I don’t want to hear your curses when markets corrects (which is bound to happen sooner or later, maybe at Nify 20k or 25k).
Corrections are healthy. While most see it as losses, intelligent investors see it as an opportunity. Ask those who bought along with me after Covid crash & during Russia Ukraine War and are minting money now.
In nutshell, everyone likes to enjoy the party but nobody likes the hangover. If you can’t manage the hangover, you shouldn’t go to the party in the first place.
Corrections, as and when they happen, are going to be temporary. Growth is forever…
To make generational wealth in stock market, you need to have patience & tolerance to hold.
If you don’t have patience & tolerance, stock market is not for you.
Rest, I believe we’re heading towards Sensex at 10,00,000 by 2050. Those who stay invested across markets cycles are going to make it big. Riding it or regretting by missing the opportunity, is your choice.
