Don't go on market levels!

Market levels should not be your guiding light. A stock investor must make a buy or sell call on each individual stock. They cannot use the market levels argument to make a blanket call. Just because market has fallen it is not necessary that your specific stock has fallen also or that it will fall soon. It doesn’t work like that. A stock price reacts to stock specific info such as earnings call, management commentary, fundamental change, macro factors affecting the company etc.