Market broke 20 DMA. Will it Fall Now? Should You Hold Cash?

0:01 Yeah. So again, first things first, I think for all of you guys who were looking at the market for so long, uh definitely the market is not looking very attractive right now. Mainly because of the fall that we are witnessing. All of you guys can see it, right? All of you guys can see my screen properly. So I'm assuming you guys are okay. Uh but yes, again, if you look at it from the fall perspective, I mean, see this very closely. Let me actually zoom in a little bit so you guys can see it. Right? If you go here, you can see the purple line and then you can see the red line. You can see this the purple line and the red line. See, I'm zooming in very closely for all you guys. Now, if you see the purple line and red line, you will clearly see that we have started going uh down. We have actually

0:47 broke uh we actually broke the 20-day moving average, which is not a good sign, right? And whenever the 20-day moving average has broken, and this has broken quite convincingly. It's not a small break, but it's a proper convincing break that has happened with 20-day moving average being taken out. Right now, if you look at the market right now, we have just broken the 20-day moving average, which is not a good sign because whenever we break the 20-day moving average, usually we take a support at the 50-day moving average and it goes back up. Now, where is the 50-day moving average? It is quite low. I think almost around 1% lower or 200 points lower which means there is a risk again of us breaking below 25,000 which is a very big psychological barrier. Now why is this happening? Because a couple of different things right as you know earning season is upon us. We have seen

1:33 some earnings come out and we will look at some of the earnings right now as well. So we will go through that also. And if you see the whole Jane Street scenario after the Jane Street scenario happened and um and they got banned and they've left. Now what has happened is a lot of volume has dried up in the industry. Absolutely dried up and they were actually giving a lot of volume. Now some people call it manipulation, some people call it a loophole, some people say they were smart but whatever said and done let other people say whatever they want. But we have seen volumes basically going down which is again uh a part of the market right this is how the market is and this is what's reacting with the market. Now if you look at some of the results that have come out, one of the main result that came out was TCS, right? So let me go to TCS result as you can see here. So TCS

2:19 came out with this result and it was not inspiring. Okay, if I zoom in a little bit so that you guys can see it clearly the result that came out with TCS was not inspiring. Why was it not inspiring? Because number one, they've also said that they will not be doing any salary hikes as of now or they've not taken a decision to implement any salary hikes going forward and there is obviously as you can see a slight slowdown being created in this in this space. So again definitely if you ask me not a good sign number one and because of that if you look at Tata Alexi which came out after that also did a bad result and Tata Alexi by the way in the past has been giving good results. It's not a bad company. Uh but now it has started giving bad result as well. And there is one fear for all the people who are

3:05 holding stocks in this because Tata Alexi and KPIT are very similar spaces. So if this has given a not so great performance, there is a slight chance that KPIT might also give not so great performance. Right? So that is one thing that we will definitely have to look at. On the positive side, Mr. Anandrati has given a very very good result. If you see Anandrati from last June to this June they have gone from 238 to 274 and usually they give a guidance. Anandrati always gives a guidance and they keep revising their guidance as well. So if you go to their u if you go to their revenues and if you go here to their PPT let me just check if they've revised their guidance. So they usually revised their guidance and Anandrati is in pure play mutual fund distribution and wealth

3:51 management right? They do not do lending like other companies. So if the SIP inflow is good for Anandrati, they basically do well right. So you can see Anandraati wealth is also here and if you see the revenue guidance they had given uh they have given a revenue guidance for FI26 of 1,175 crores and out of that 1,175 crores they have basically achieved 284 crores or 25% of that guidance they have achieved. So this is something that I really like about the management only because the management comes and says what is my performance what is my guidance I'm going to put it on paper and I'm going to show it on show it to you right now obviously Anandrati was not a mover it did not move and I'll talk about the negatives or also the risks of Anandrati as well but uh if you

4:37 see the profit after tax 375 is the estimate they've already hit 94 in quarter 1 so if they continue this there is usually a chance that they can outperform and usually I've seen Anundra does this in the last four quarters what they've done they've done this quite honestly where they give a guidance and they always outperform the guidance right very smart honestly very smart so no no issues over there and if I go back to the share price here you will see you will see that Anandrati has still not broken its all-time high and it has been very flat in this entire quarter so it has not gone up quite aggressively and it has been flat so it is going to be a thing that we need to look at what is going to happen with platform companies like this right so Tatalex is there IRA again came up with a very okayish quarter right because there was not much lending. Now the government of

5:24 India has now started pushing PSUs to start lending aggressively. So we will have to see what happens from that front. Again another very led down I would say in results was Avenue supermarkets sitting at a very very high P ratio. uh this has also taken a big beating in the market and you can see the result is not great and it has also witnessed slowdowns and not just this because a venue is also showing slowdowns remember Titan came out and also said some slowdowns are being witnessed in some pockets so this is going to create some problems right now only few companies have come out with results more companies are yet to come out but as and when we go deeper into the uh result season we will see multiple different companies also going into that uh space as well right so Again I would say that this is one small

6:09 problem that we see that is happening in the market as of today. But again my bigger concern would be back here at Nifty 200 Nifty50. Now also understand there's nothing wrong with this because we did move quite aggressively from the Indopak war period. So from the Indopak war period if I to just check from April 7th we have done a dadan rally till of 17% from April to July. Yes, we had also fallen quite aggressively during that period but we have also start going we have also started going up quite aggressively also. So there is definitely a small pullback that is required and also tell me honestly why should the market go up right now? Most of the companies are overvalued as you guys know but why should the market go up? Is there any good news? Is there some great news coming in the horizon?

6:56 Nothing is coming. The only sectors that are currently even today bullish only sectors that are still bullish today I would say are NBFCs because if you look at all the NBFCs that are there okay let me check some of the NBFCs for example give me some names okay let's take Bajage one of the biggest we'll go one by one so if you look at all the charts of the NBFCs you will see that the NBFCs are still maintaining their rally and they're not doing some deep signs right you talk about the gold lender which is Mut Finance. Look at them right. Muttud Finance also is looking quite okay right now. Uh who who else is there? Chola. Cholola. Okay. So if you look at Cholola Fin, you will see Cholola is looking

7:42 weak. See Cholola's already come down to almost 100 day moving average and it has taken rejection multiple times at 1,650 which it is trying to break. So Cholafin slightly looks weaker than the other NBFCs that are there in the space. So NBFC is definitely as a sector has been doing well absolutely no problem over there and your energy space also continues to do well right energy space a lot of order wins are coming right now and a lot of big orders are slowly flowing into the smaller order se segment as well right apart from that I think we've also seen a few IPOs that have come out um so if you look at the IPO universe some of them in the recent past have started doing really well and they've started going up mainly some companies like Q power has just been on a massive tear but Again, all of these come with overvaluation risk, right? So,

8:27 these are some problems that we should definitely keep an eye on or definitely look at these things as well. But yes, market is not looking very very positive. Uh market is looking slightly bullish or slightly negative as you can call it. Uh if we look at the midcap index, you can see even the midcap index has broken the 20-day moving average, right? Uh and in this time everything is going in line. Small cap uh so Nifty 500 almost breaking uh but Nifty50 obviously as you know has definitely broken right the small cap index small cap index has not broken yet. That means the move has only come in large caps and it has not come in small caps. And in fact if you really see what has kept the market up right and not falling was mainly two companies which was one was HDFC Bank as you can see because it is in the banking

9:13 space it has kept the company up quite a bit. I mean it has kept the index up quite a bit and even our Reliance industries had kept the index quite a bit. As you can see Reliance also did a very good rally and Reliance over a long period of time was looking not very great because Reliance had fallen quite drastically from its previous support zone fell down here and Reliance is not a company that falls this aggressively. So it was very shocking to see Reliance fall this much but then obviously Reliance being Reliance has come back and started doing well. Now if I go deeper and let us look at some uh industry analytics. So I want to understand what is going on in deeper pockets. I'm not looking at IT index or chemical index. I'm going deeper to look at some trends into the industry specifics. And you can see here specialtity chemicals which was doing

9:59 really well right now has also broken the 20-day moving average and it is going towards 50 to take support which the index has taken support in the past. Right? So you can see chemical space has gone down. software obviously index not doing well at all. Uh it was doing a revival in the past but then again it started going down. Uh I'm just checking if any other bullish segment. Auto ancillaries are still bullish. Uh not yet broken the 20-day moving average and a lot of auto ancillary companies have started doing well. So that is a very good sign on auto ants. Uh medical diversified is doing well. Hospitals I think continue to do well. See this electrical and power equipment. These companies are continuously doing well. So if I had to go inside and see the companies, you'll see some see all these power companies are still uh doing well, right? Let me filter according to market

10:45 cap and you'll see these companies are still pretty much holding ground. I would not say everything will do well right now because the market can turn any given point of time and there is no good news around the corner for it to do well. In fact, people are worried about the Trump tariff, India tariff or whatever. But I feel it'll be good. The way Trump and India have been talking, I don't think it'll be bad. I think it'll be good. But again, we should see what is going to happen. Construction products are looking good. Look at this good revival in the sector. Quite choppy though, quite volatile, but above the 200 day moving average uh above the 20-day moving average and you can see some of the companies that have given uh good returns in the last one month um are here right so again very very very interesting uh space going on. As one more thing that I'm noticing that we

11:31 might not have a broadbased rally means I don't think everything will go up. I think pocketed growth is the future right now and not a broad-based rally type growth that might continue to go on. Yeah. And you can see here investment banking is up. You can see here NBFC is up. So these are two spaces that are currently looking good again right now. Uh if you look at investment banking who's here investment banking also looks a little overheated if you really ask me. uh but it shows JW holdings should not be in this but choice is there yes motil is there uh prime nahar smc geoin geoin also has been doing a very nice rally obviously it's been going quite fast quite aggressive uh so goofin definitely is on the bullish uh that's also because Geoin has started launching

12:17 a lot of things they've got their license and they're actually putting things into perspective and if you saw the news with geo finance they have recently launched their debt fund and they've got they've already come into the top 10. They've got a lot of people putting money into their liquid fund as well. And if you see here again, agrochemical business, agrochems are doing well. Weird specialtity chemical sector actually fell down, but agrochemical is still looking strong. Private banks still looking strong. Has not broken down the thread. Still looking strong. Jewelry has broken. Paper and all has broken. But those kind of sectors are still doing well. Hospitals as you can see are still doing a very good rally. Let's look at some of the hospitals. NH Aster are looking very strong uh with one month performance at nine and three-month performance at 18. But as you see all of these guys are

13:03 going towards uh overvaluation zone very soon. Fortisks very few companies now are there that are fairly valued I would say right they're still slightly overvalued uh but I've been putting a lot of research uh on the on the hospital space to the YouTube community members so I think they're getting a good idea. I think I recently posted a deep dive analysis of a hospital company on the YouTube channel as well for the paid members. So they can have a look at it whoever has not watched it till now. But from a sector standpoint that is how it looks and if you look at the sector analytics who's doing well financial services is actually doing very well. Let me show you some something here. Okay, this is very interesting. Let me show you something. FMCG weirdly uh has started looking very

13:51 attractive and I'll show you why. Let me show you the index of FMCG and I'll show you the companies also in FMCG that are actually doing well. See FMG has suddenly started doing a pullback. Now whenever FMCG starts doing a pullback uh it signals I mean it's not a great signal honestly that's because people or the money is moving towards the FMCG or also known as a very defensive space right and if you look at in the recent past right if I go here and look at the recent past um let me go to the universe okay let me check so I'll tell you all the top companies let's look at it right one is Marico and if you look at Marico see this proper rally in the last one week it has pulled back and it has gone up and it obviously it has been going up and it is still sitting above 10day

14:37 moving average uh if you look at Hindustan uni liver yeah Hindustan uni liver see this 4 and a half% up obviously there's a huge supply zone on top as you can see there's lot of resistance on top uh but it I mean there are some weird rallies coming in the entire space yes so HL is up. Marico is up. Uh, Imami because I've been tracking this over the Imami is not doing that great. Dabber I think was up because you know I look at the market every single day, right? I track it from morning to evening and I know what are the see I know what are the pockets that are going up. I know what are the companies that are taking a nice rally. So look at this. Dabber also has gone up quite aggressively. Right.

15:23 So Nestle. Yeah, let's look at that. Nestle Pakistan. No, bro. Nestle India. Yes, thank you. Nestle, no, not so much. Nestle hasn't gone up so much, but Nestle was also quite uh overvalued, right? Uh let's look at our final ITC player. Also, guys, if you're watching this, please click on that like button. Um so then we'll start the Q&A very soon, right? And if you're not subscribed, please subscribe because we will be doing subscriber only. uh and then we will move on to people who are subscribed members only. No, ITC hasn't moved yet. Uh in fact on that day I know Glenmark moved because Glenmark had a news that came out. Uh so if I go to the FNO companies you'll see Glenmark sitting right at the top uh because they had a big news that came out. It hit 10

16:09 circuit 10% upper circuit right at the start of the day and then you will see all the like Hindustan uni liver see banks also look at RBL bank what is this crazy rally? So private banks as I told you private banks NBFC's Agrochem as we saw and FMCG are the sectors right now that are doing really well. Let me go check more. See financial services look at this graph so nice. It's taking support at 20-day moving average. Look at Nifty Bank still up right PSU bank very choppy but uh right there private banks looking wonderful. Pharma looking good right? Oil and gas looking good. So but don't you see something very clearly? you can see a trend that not everything um goes up quite aggressively, right? It's not a very one-sizefitit all kind of a thing. You see, it's a pocketed growth kind of a

16:56 system, right? So, only some pockets are getting growth whereas some pockets are not getting growth. And that is something that is going on quite aggressively in the market right now for quite some time. But if you position yourself in the right markets and if you position yourself in the right sectors, then I think the opportunity is definitely definitely definitely good. Okay. Now I know we're like 20 minutes out. So let's do one thing. Let's do a members uh let's start one by one. Let's do a subscriber only um subscriber only chat. Any subscriber who's there can ask questions. People who have subscribed to the community can ask questions right now and after that we will go into people who are subscribed to the channel. We will take their questions only. Okay. So let's take the questions one by one. One first question by Mr. Mani Shanka. Will data center and railways pick up after this huge fall?

17:43 uh tough to say because data center implementation has slowed down and railway there are no orders coming in money. So until one of these two triggers happen uh does not seem very likely as of now. So we will have to wait and understand what is going to happen. Do you think VBL will also start moving up or consolidate? So VBL is looking slightly weird. I'll tell you why. Number one, it has it is currently below the 200 day moving average which is not a good sign. Uh let me just share my screen. Yeah. So now you as you can see one beverages is currently in a downward momentum zone and right now it is currently at its support. This is the main support that is currently at where it takes support multiple times at 445 to 450. This is the support. Uh I hope it it pings back

18:29 from this support but definitely if you ask me not looking good from a long-term standpoint but luckily we are in a result season. So fundamentally the company has always been strong. Technically it is looking weak. So the only way to solve this uh is to wait for the result and understand what's going on with the result. If the result is good then I think it should be all right. Okay. Uh any change in stars plan? Nothing right now. Absolutely nothing. Okay. What is this? Uh how about India PSU? What is your take on India PSU? I think India PSU is uh is definitely good. I would not say no. And as you I just showed you right now India PSU also was um very interesting, right? Very interesting. So I would definitely say India PSU is good. Uh and uh from a long-term standpoint, we will have to

19:15 look at it. Risha, yeah. What else? Your opinion, Noama? Wealth management as a field is good. I would say wealth management is good, not bad at all. And I think from a long-term standpoint, wealth management will continue to do so. So I would not take any any problems over there. Right. So wealth management as a theme is definitely nice. Uh what else? Someone's asking what is the difference between Geo Fin and Reliance Jio whose IPO recently got delayed. Reliance Jio is your telecom base, your Jio SIM card, mobile phone. Hello, hello Tata. Bye-bye types. And Jio Financials is under the banner of Jio. But Jio Financial is a fintech company. They'll focus on lending, AMC's, all of that, right? Like similar to your Noama, similar to your 361, similar to your motil. So they

20:02 would be on those lines. Okay. Uh what do you think of KPIT for long-term? See KPIT Lena has always been a good company from a management standpoint but looking at the space which is the erd space it is not doing good but they have always grown their revenues year on year I think there will be a lot of short-term pain but from a long-term standpoint the management is good but again management can always be good it depends on how the performance comes so we are not supposed to be emotional about our stocks if the company is good if it's not we'll have to figure it out yeah uh SGMart is doing okay man no problems I think the returns are coming every year. Uh the fundamentally it's growing every year. So I don't see any issue as of now. Uh stock price moving or not does not matter. As of now the returns are coming and it is they're going according to

20:48 their guidance of 17,000. So that is how basically it's going. Ch. Let's take one more question from the community audience. Uh see I'm not a big fan of Chandra is asking what about Vanta. Uh Chandra I'm not a big fan of Vanta man. Obviously, if you really understand what Vanta is doing, they give heavy dividends, but that's because they own most of the company and the dividends go back to their UK company and then from there they have to clear a lot of loan that they've taken to bond holders. So, they're literally depleting the existing company to go back and spend for the uh foreign company, right? So, Shubam, I just spoke about SGMAT. So, I hope that solves your question. Madan Sumi, I've not checked uh I've not checked that more in detail. This is a good one. Romesh what your take on solar

21:34 industries and force solar has just like just taken a rocket ship I would say honestly right if you look at solar industries just look at this rocket ship it took a rocket ship from 3rd March to June where it went from 8,000 to 16,000 but obviously now there is some nice pain coming because definitely it was overvalued man like it was it went up like there's no tomorrow and obviously smart investors got out at the right time or obviously kept booking profits force Motors I think is still going. As you can see, I had made a note on my own chart here. This was when the last quarter revenue came out. There was a breakout. It was a very good result and then obviously it continued the episodic pivot rise as you can see and that has definitely given a good thing. So Romesh, I hope that answered your question. Okay. Now just changing the

22:22 chat from members to subscribers. Okay. Uh what about Saxsoft? Let me check sacksoft as well. Okay guys, I'm changing it to subscribers. So anyone who has subscribed to the channel uh not membership but who subscribed to the channel can ask questions now. Okay, so just you have to click on that red button. Okay, let's take Har's question. Uh can you speak about Saxsoft? I have not heard of Saxsoft honestly. Let me just check quickly fundamentally. Okay, Saxoff seems like a small cap company at 29p with great ROC margins but the returns are looking quite bad this year but 10 years the returns are good. The cash flow seems good. What does this do? Um, it is involved information management solutions. D.

23:07 Okay. Fintech. Oh, it's in paycheck. Reg. Okay. This is okay. It's in that space. Okay. Pure play SAS. Fintech and utilities. Telecommunications is fine. Offshore onshore is fine. Uh, I'll have to do a lot of reading on this. Okay. This is okay. Oh, it's very volatile though the stock very very very volatile. Yeah, see this damn volatile like it's little unpredictable. Let's look at the yearly results. It has got a very good growth honestly from a yearly result standpoint. Oh no, again it's very volatile. The growth is very uneven. 7% 24% 38 14 15 uh margins 17 to 17 and margins are quite low for an IT company

23:53 right uh yes even though there is topline and bottom line growth and that is why you've got a very good expansion here uh something is not fitting exactly to the bill uh I'll have to do more research on this honestly man I don't know this yet uh di FI holding has actually decreased from what it was di has not gone up and the mal has been chip off to the public because the public shareholding has gone from 22% to higher. Uh so I hope that answered your question, man. It looks I I'll have to do a little more deep dive reading on that. Can't exactly tell you um apples to apples right now. From face value, there are questions to be answered. I would not say it is a clearcut good company. Uh so from a face value perspective, there is still little more research that definitely needs to be

24:38 done, right? Okay, let's take some questions. How about CDSL? Okay, let's check CDSL. Let's check CDSL. CDSL. See CDSL from a company standpoint, Karthik is not a bad company, right? Honestly, it is a very good company long-term, but you cannot have a short-term mindset with CDSL. If you look at short-term, then there is absolutely no point of investing in a company like CDSL. It's like saying you're looking at NSE and BSC from a short-term perspective. like 10 years down the line there will still be NYSE there will still be BSC there will still be CDs there will still be CAMS there will still be crystal there will still be care so we have to have a slightly longer term view

25:24 um when we start looking at companies like this I hope that answers your question right arcade I think recently gave an IPO breakout uh yes Arcade developer gave a technical breakout chin that is correct but fundamentally I've not done deep dive on it but I know technically it has definitely uh done that what is this question? One second. Uh looking at all over Indian markets, what sectors do you think are currently overvalued? I think hospitals are on the border of getting overvalued. I think pharma and chemical are still slightly undervalued. um power some pockets of power have got overvalued because there's a lot of euphoria and a lot of FOMO going there

26:09 as well. Uh and then I think everything is correcting right now. Literally everything is correcting right now. As I'm as I told you I I think uh telecom sector is definitely overvalued. I think aviation sector is vastly overvalued. These are just companies that are sitting on very very very high P ratios. uh not like I can see any issues in the short term but currently there are peaked out valuations like everything is currently at its max valuation now the only way down only way is either to flat out or to start going slightly down so that is basically how I would categorize it honestly right but over and above I would say they have peaked out right now so let us take two more questions and guys if you have not subscribed just subscribe to the channel it takes two seconds you can ask whatever questions you want right there's no cost to just

26:55 click on that red button will help the channel also a lot honestly. Uh Tata Motors, no man, Tata Motors is going through its own pain right now. Aush man, we already just spoke about VBL. Just spoke about VBL. Just wait for I would say just wait for the results to come out. That should give you a lot of uh idea on everything, right? Sorup Jane is asking a question. Why did Deepak fall 9% last week? Deepak also went up. No boss. It also went up. It can't keep going up constantly. And it is a very uh see what it's not fallen fallen. Where is it fallen? It fell down because it was overvalued and overstretched. The purple line is the 10day moving average. It was so far away

27:41 from 10day mean reversion happens. It came down. It is definitely not a bad sign, but it was overvalued, man. It was overvalued. Straight up. It was overvalued. What goes up must come down. What goes down must go up. It is as simple as that. Yeah. Okay. Uh any other question? Let's take two more questions. Um cross I'm doing some research on cross. Uh it does look fundamentally nice but I need to do deeper dive into it as to why it is not moving so much. Um IA I think won't do that good. It just came out with a result right? Uh result came out. It was not very inspiring honestly. Um so as you can see here it

28:28 was down 5.68%. Um it'll it'll take some pain I think abish take a pain for another one quarter honestly if you ask me. Yeah. Okay. What is this? Where did that question go? Uh okay. Oh this is glitching hard this YouTube today. Uh what is this? Is your venture planning to launch any products involving options trading within mutual funds or similar vehicles? Nothing mayor. Nothing like that. I don't have anything coming out similar to this. I'm just going to have a small case that comes out uh around the month of September and that is all man. Simple stuff. Focus on getting good returns and focus on uh making good returns for

29:14 everyone. I think that would be the name of the game right. Yes. View on ABGO NASDAQ bullish. Uh, AVGO is looking bullish. In fact, I have my international universe here. The USA universe. I think I had AVGO. Where did it It's here. AGO is here. As you can see, it's on my watch list. It is looking very nice. It has broken its all-time high. Uh, it is trailing 10day moving average. And this happens with a lot of US companies as you know. Um, in US companies, they trail 10day moving average very aggressively. Uh so if you look at all the companies even as mobile, Bank of America in fact Goldman Shacks is also looking very nice as you can see this this is Goldman SHs all the big companies big companies Burkshshire Hathway is doing very bad so contrary to popular belief but Burkshshire hatway is

30:00 not doing well can you believe that guys uh so that is the fun part over here that what you think should work is not working and what you think is not working will always work right okay let's take one last question guys before we call No, not bellshare. Uh let's take one last question guys don't ask me micro cap small cap companies okay dream folks I think a lot of people are asking me so let me take this so first of all dream folks fundamentally is getting battered okay mainly because Adani is looking to own the entire value chain now he wants to cut out all the people who are currently in the thing but if you look at dream folks I would not blame the company mainly because the company had given multiple signs to exit in the past. I

30:47 don't know why people if you have held it, it is definitely a big problem because it has it has fallen down a lot. So if you had maintained your stop-loss in dream folks, all of you guys would have saved your money. But I think a lot of people did not do that and that is why it has fallen down quite drastically and that is also creating a lot of issues for all of you guys. So whenever you guys invest in anything, please note always have a stop-loss. Do not be emotional when you buy companies because if you lose money the the company owner is not going to come and be like Shashan you lost 600 rupees yellow right in reality he is going to do what he has to do we have to do what we have to do so we cannot be emotional however good it is we cannot be emotional right and fundamental hit is happening it is not some technical hit it is a

31:33 fundamental hit his whole business proposition is into question right now and the problem is they didn't expand very well if they don't expand so well then definitely these things are going to become a problem right so that is why you should have multiple streams of revenue and not just focus on one stream of revenue and whenever you focus on one stream you go into a massive problem okay awesome guys I think we're little over time I don't know we went quite aggressive today but I hope you guys enjoyed this session I like coming and doing these quick 30 40 minute live sessions on the weekend we get to talk a lot but please note that the next one week might be painful there might be a pain hopefully Hopefully some good news comes and we might go back up. But if there is some pain, don't be afraid. Uh it is a momentary pain that will pass. Okay, just wait. Put some burn all and

32:20 just wait for one two weeks and then hopefully the market recovers and we should be hearing any moment about the uh tariff bill of US and India. So hopefully we are in advantage of that. As I told you if uh you know keep following my YouTube channel as well because I'll keep posting multiple videos. The mutual fund buying video is coming out this week. Two videos will come out. One is what is motil load buying and one is what is parak parik and quant buying. So those two videos will come out this week itself and maybe another video will come out very soon. And for community members for all the people who are a part of the YouTube community uh we are going to post at least two videos a month deep dive right so we've already posted one we will I'm working on the second one. I will make a good video for you guys and I will post it for you guys as well. So everyone is happy. So I hope you guys enjoyed this. I hope you guys like this. Now go support India in the test match and

33:06 hopefully um our boys in England will win and come back proud. Okay guys, take care. See you. I will see you guys again next week as always. Same time, same place. Yeah. Bye-bye. Take care.