NSE Nifty 50 In Technical Charts: The Dip Just Happened (Photo: PTI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

We have been suggesting that this is a buy-the-dip kind of market and over the last week and more, we have got the dip. Did people buy? I don’t know if they did. It is always easy to say, during uptrends (which you have missed) that you will buy the next dip.

Then when the dip does come, you end up thinking there is going to be more declines. Bearish patterns appear magically and suggest much lower levels. Or you meet some doomsdayers (such people are always around, unfortunately) and the declining market makes them sound believable. And then the market bottoms and rallies. And you miss the rally, again!

Sounds familiar? Story of our lives.

Instead, if yo

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