When On 24th March 2020 NIFTY touched 7511 levels many hearths were pounding.
Many investors were confused whether to enter the market or not from that point nifty has recovered to new 10300 level.
So question which has in many investors mind did we miss the opportunity to invest when nifty touched 7511 levels?.
Arising this question is quite obvious the way market has recovered it looks like some fairy tale.
so is that it creating a bottom and arising quickly
that's how easy it is. Now nifty and world market will not fall and will maintain it's upward trend.
Wait wait hold on
If market would had been this easy then every investor around us would had been Warren buffet and Radhakishan damani.
This low was created by nifty because of corona pandemic spread worldwide but the fact is situation hasn't yet changed worldwide.
If no any external big situation is around like this pandemic, war and recession. Market generally behaves on the performances of the listed entities and predicting a trend can be would be much easier.
In current scenario if you look at practically.Then we can summarize the situation as follows.
1.World is affected under pandemic whose neither vaccine nor the cure is yet ready
2. So the most promising and effective way has been identified to save people is social distancing for that many countries enforced lock down in last 2 months
3. Because of that many industries were had to shutdown their operations with immediate effect
So not much productive work happened from past 3 months and contrast to that after creating low we are seeing some of the world economies zoomed to new level.
4. Because of lock down and other restrictions many factories running low on raw material so these companies can not produce good to its max.
5. Poor demand in market and weak market conditions.
6. War with china is also a case with India.
7. First Quarter on the verge to end and not much activity happened around how can companies post profits.
All this means market will definitely see a drop in july.
many experts predicting how would be India's recovery will it be U shaped or W shaped.
With war like situation against china which resulted into financial differences with it, increasing corona cases and immigration of the workforce from cities to villages U shape recovery would be very much difficult for India.
So investors those think they have missed the chance of investment in lower range have little patience .
Study the market identify sectors which will give you better results once normalcy is resorted.
Important of all have money in hand and plan a stage wise investment plan.
Good luck.