Time horizon? Risk appetite? Corpus amount?
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It was a sideways week, in sideways week only sellers make money, very few spikes in the verge of movements, making money as buyer is hard. But it had slightly better movement than past 2 weeks.
Wherever the support is, percentage avg is a poor analysis.
@akashnagwanshi i dont think it will fall that much. accumulated a lot in last year. too much SLs are holding downwards. let see
@aakashsahu03 its a long term plan. atleast 2-3month hold.
holding it from 1688, 30 qntt. funnel chart on weekly pattern.
@bipinvenu see, the thing is, if you want to play it safe, go with index fund. but if you want to go with the flow and the volatility, and you have the risk appetite, go with funds like quant midcap.
quant midcap is clearly good. and motilal one is also well. but if this is your 1st investment, go with a multicap fund.
@manojkumar9751 immediate exit
if it goes down to the zone again. i dont think buying is profitable. but if it goes up towards 85+ rnge then ur targets may hit.
people who have very less knowledge about market, mutual funds are for those people only. You are right about other benefits of stocks but mostly people doesn't want to go to too much knowledge and researches, so they choose to go for mutual funds. and a cagr of 20% is very good ...