Excellent levels to buy for Long Term Investors- Target -38,000

While the globe is full of pessimism & rightly so due to the pandemic, there certainly are certain pockets for Long term Investors to make decent returns. Dow Jones at current levels of around 20,920 presents one such excellent opportunity. While I say this it has to be noted with a pinch of salt that the recent lows made by Dow could well be re-tested in the near future as and when the toll from Covid-19 nears its peak. The re-testing of recent lows & a move below would again provide an excellent entry point for new investors or for existing investors to average their acquisition cost. The risk reward ratio at current levels of around 20,920 & below becomes extremely favourable for Long Term Target of 38,000 plus for Dow Jones.