Nifty bees will rebound? cmp 269

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Nippon Nifty Bees cmp 269

Due to the recent US-Iran geopolitical tensions, global markets witnessed panic selling and Indian markets also corrected sharply.

Technically, Nifty Bees is approaching a major demand area and can gradually on dips around 242 - 252

Instead of trying to catch the exact bottom, investors can start accumulating gradually from current levels.

Market corrections caused by geopolitical events are usually temporary and historically such dips have provided good long term entry opportunities in index ETFs.

8% to 16% Upside Potential

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