“If timing the markets was possible, someone would have made Billions doing it.” - Peter Lynch.
Earlier I discussed in the below thread (As a corollary to why only long-term investments make sense) that market timing is impossible. If the investing greats like Warren Buffet and Peter Lynch agree that nobody can time the market, we should stop flattering ourselves trying to predict a crash or a correction.
If one is really afraid of a correction, then buy a NIFTY PE for however long it takes for the correction to happen. But of course, you would be depressing your returns for that time period. However, if you are a long term investor, it makes little to no sense to even consider ‘moving out of the market’ just to avoid a correction.