A Reddit user on the Indian Street Bets community posted that the user buys 1 lakh worth of Nifty 50 ETF for every 1% down from the all-time high, and this is the 22nd day of following the same strategy. To which a mutual fund expert says that using a correction from a peak to build an investment strategy is not something that is suggested considering that the peak itself may not be an indicator of whether the indices were overvalued at that point.
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