Time to enter Equity market for Long Term Investors!!!!

Since last 5 years I was advising my clients to park their funds in debt instruments. Now it’s time to change the strategy. After Narendra Modiji’s spectacular performance in Lokasabha elections, Nifty made all time high 7563. In last one month Nifty has appreciated by almost 25%.I think Nifty has made it’s short term High.  I am expecting one last correction in the market. It can be pricewise or timewise.  So Long term investors must start to accumulate good stocks or mutual funds.

Now 7080 is very crucial level for Nifty ( Sensex-23730). If Nifty breaks that level then it can come down to 6800-6400-6000.

So that’s the time to enter equity market once again. Long term investors must use this fall to accumulate good stocks. It is very difficult to predict top and bottom, so one should start buying systematically.

These are some diversified funds who has given good returns in SIP.

		SIP Period in years
Scheme Name	1	3	5	10	15
Reliance Growth Fund- Growth	67.84	21.64	12.85	16.13	25.69
HDFC Top 200- Growth	69.54	24.20	15.73	18.22	23.68
UTI Dividend Yield- Growth	46.42	16.20	11.67	N.A.	N.A.
Franklin India Bluechip- Growth	39.45	17.08	12.31	14.98	21.02
DSp Blackrock Top 100- Growth	46.68	18.34	12.50	15.87	N.A.

Following Sectors looking week:

IT, Pharma & Healthcare, Real Estate, Consumer Durable

Following Sectors looking Strong:

Capital Goods, Banking, Metals, Sugar and Power

To Conclude, Short term traders should short Nifty below 7080 for target of 6800-6400-6000 with a stop loss of 7570. Long term investors must use this fall for accumulation. This is last chance to enter equity market. Happy Trading!!!!