@airindia@airasia Dear Air Asia/ Air India Express team,
I am writing to express my immense frustration and disappointment with the extremely unsatisfactory experience I encountered during my scheduled flight from Surat to Delhi tonight at 5:00 PM. This was for Flight AI9691
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Worried about market falling and blood bath all over?
This post will save you from big losses and panic selling. Please read everything carefully and if you find it useful, please press like and retweet button for benefit of larger audience.
If you see below image, this is historic image of Nifty.
Now, lets discuss more about it. If you see on the right side of the image then you will see a good correction in Nifty.
Nifty corrected almost 36% in 130 days when correction was happened. However, before that Nifty had given massive run up of 118% in just 180 days.
Imagine, now if you are in the same scenario today and looking at the correction side most of the people will conclude that bull run is over and bear market started again as market had given decent run in just 6 months.
But if we zoom out this picture then focus on the box created in below image. This is the same box where we had correction in above image.
If someone had become biased and did not accept the fact that it was just a first correction of biggest the bull run then he/she would have missed the biggest bull run of the decade.
So, we are talking about the bull run of 2003-07 when Nifty had given massive returns of 600% over 4 years.
Today, when we look historical chart and imagine that I wish I was there and all such dreams. Do you think this 600% rally was a straight line rise?? Hell No!!
During this rise Nifty had approx. 8-10 major corrections which were as below.
First -36% in 130 days when (Jan to May 2004)
Second -10% in 20 days (4th Jan 2004 to 24th Jan 2004)
Third-13% in 53 days (8th Mar 005 to 29th April 005)
Fourth - 14% in 24 days (5th Oct 005 to 31st Oct 005)
Fifth-31% in 34 days (11th May 2006 to 14th June 006)
Sixth - 10% in 5 days(8th Dec 006 to 13th Dec 006)
Seventh -17% in 49 days (8th Feb 007 to 2nd Apr 007)
Eighth- 15% in 26 days (25th July 2007 to 17th Aug 07)
These are just few of the notable among many others. 10% correction in Nifty was quite normal during that phase and if you analyze more you will definitely see more 10% corrections in Nifty.
If one had panicked and kept on selling on every fall with the bias in the mind that market had already moved so much then he/she would have ended up making loss only in such big bull phase.
There will be lot of noise regarding valuations, wars, Government regulation, Taxes and many such macro and micro economic factors but remember "bull market climbs wall of worries." Market will keep making higher higher till there is panic and bad news. Markets make tops when everything is good and you can't find a single bad news or bad thing around you.
Embrace this correction and find out the good opportunities. Definitely, this is tough time for traders hence it would be really advisable that divide your capital and keep one portion for trading and other for trading. This will save your losses in short term and also regrets in long term.
I had warned about this on the first day of 2024 itself. If you had not taken this step it then still its not late. Please take this step now and see the magic in next 4-5 years.
I personally feel we are in the same journey like 2003-2007, the proportion of rise may be more or less that I don't know but this bull phase will last longer than many of us are thinking.
Don't fall for People who keeps sharing Elliott wave count in every day/week and keep on finding divergence.
Believe only on your analysis + risk taking capacity and see the magic.
If you feel the panic every now and then, I would strongly request to save this post and keep reading every day.
Hope this brings positivity in you.
If you like this please like and retweet maximum so that many retailers like us will get positivity on Diwali.
#Diwalipicks #StocksToBuy #StocksInFocus #Nifty #niftycrash #NiftyMidcap #angelone #expiry #trading #smallcap #Midcap #Microcap #CDSL #NSE #BSE #Diwali #diwalibonus
Below analysis can save you from big losses 👇
How the current fall is different from previous all falls since the beginning of this bullrun in April-May 2023.
First sign is almost 18 months have completed of this cycle and a bull cycle (thread....)
#niftycrash#SmallCaps
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