Dada we know this but waiting for a good correction to come but unfortunately its not coming somehow morket never obliges you. I guess one needs to take risk and enter with at least half the quantity one plans to buy and buy more in case market corrects.....
We got many corrections in Dec and Jan. We got 800 points big correction also. The problem is people start talking about bear market and 7500 Nifty targets.
One has to have a view on India's fundamentals and buy when market dips . If we are not convinced about the changed fundamentals and improved outlook for net 5 years, we will always keep doubting and waiting and fearing and the whole move will slip out of our hands.
In my mutual funds portfolio I have a rule that I buy any 400-500 points dip. I bought on the day of 800 points dip also when all were forecasting 7600 in Nifty.This strategy is proving great now. One can start even now...we are still in the beginning 1 year of a bull market, lot more to come.
All said above is for investments.....trading is a different game totally.
Smart_trace