00:00If we talk about the HMPV virus yesterday, there were about 3 cases in India, 2 from Karnataka and 1 from Gujarat.
00:13Do you think this had an impact on the market yesterday and what were the other factors that caused the market to see a fall yesterday?
00:23You have raised a very important point here.
00:27The way the coronavirus spread and the state of the market that we saw at that time,
00:33although the market was seen to be improving later, but somehow the pandemic created a panic.
00:41At this time, if we look at the HMPV virus,
00:45the news from China does not come out much and when it comes, it comes in the worst situation.
00:52So this panic is here.
00:54The first reason is that the virus has been talked about for a long time and when the cases were seen yesterday,
01:00a panic situation was felt by the market and I think the market knows everything,
01:05because of which you saw a fall trend.
01:09This is not the only reason.
01:10If we go to the second reason, then when Trump's government was formed,
01:14the visa policy of India can be revised and tightened.
01:21The policy of India can be seen to change a little.
01:26So there is an impact of that.
01:28If we talk about the third point,
01:30then the uncertainty created in the market due to inflation or interest rate is also a very important factor
01:37due to which the market is seen to be correcting from the top level again and again.
01:41When there is news like this and when we talk about the fourth reason,
01:47then the geopolitical tension is not seen to be very low.
01:51It has been going on for a long time and now it is moving towards the extreme.
01:55So I think these are the four reasons due to which the fall trend in the market was triggered
02:00and still that confidence is not visible here.
02:04Absolutely.
02:05In yesterday's market, we saw a bloodbath in a way.
02:08The market was doing business by breaking down.
02:10However, today we are seeing a little recovery.
02:12So Mr. Ravi, how much do you consider today's recovery to be sustainable?
02:16Look, we study about a simple bounce theory in childhood.
02:21You must have studied in school.
02:23And when something is thrown up, it bounces back a little and comes down.
02:28But when the market falls from above,
02:30then a little bounce back, the same bounce back is seen here today,
02:33due to which people are understanding in a small group that perhaps there is no need to open the umbrella.
02:39But if you open the umbrella at this time, then there will be holes in it.
02:42It means that the direction in the market is down.
02:45And let's assume that the direction is down.
02:48There is no jump.
02:50It is quite good to get out.
02:54It will not be seen to be very strong.
02:56As far as the bottom is concerned,
02:58I think that the bottom will be seen to be closed by stopping a little.
03:02Absolutely.
03:03In the midst of today's recovery,
03:05although you are assuming that it is not very sustainable,
03:08and investors need to invest here carefully.
03:11But in this case, which sectors can be challenged?
03:15Which sectors are you bullish on at the moment?
03:20Look, if you want to be bullish at the moment,
03:22then you will have to choose a defensive type of stock.
03:25Or you will have to look at the policies related to the budget.
03:29You should look for that type of stock.
03:31First, if you are looking at it at this time,
03:33then the first counter that I like is the pharma sector.
03:36If you look at the second counter, then it is the service sector.
03:39And if you look at the third counter, then it is the fertilizer sector.
03:42And if you go to the fourth counter,
03:44then I think there has been a lot of correction in energy.
03:46A lot of downfall has been seen.
03:48And here these four counters will be seen to be square.
03:52And will give a little chance to buy in the market.
03:54But the important thing you said is that you do not have to buy very aggressively.
03:59You should approach the market under a strategy or a strategy.
04:05And the investment should be limited.
04:07There is no need to make a very aggressive investment.
04:09Absolutely.
04:10Sir, because of this virus,
04:12can we see more downfall in the market in the coming days?
04:15Because yesterday, as the three issues came out,
04:17the market reacted, although there were many other reasons.
04:20Can this happen in the future too?
04:23We do not want this to happen.
04:25But unfortunately, if one or two more cases come up,
04:28then you think the market will react more.
04:31And there can be a downfall in this.
04:34See, in the development from yesterday to today,
04:378 cases, as far as I have seen the news,
04:39were seen in the last.
04:41Although, this virus is being seen in children now.
04:44But many questions are arising here, Bhavna ji.
04:47The first question is,
04:49is this HMPV the virus or is it a new virus?
04:53What is the virus that has spread in China?
04:56Because China is so secretive,
04:58that when it gets out of hand,
05:01then it reaches the public.
05:03So, there is definitely a panic from somewhere.
05:05Like I told you four reasons,
05:08and if you compile those four reasons,
05:10then there is less chance of strength in the market.
05:12There is only one positive point in the market today.
05:15That is, in the budget expectation,
05:18there can be a little shine,
05:20but that shine will be weak.
05:22Because at this time,
05:24there are four wrestlers on one side,
05:26and four wrestlers on the other side.
05:28So, what will be the result of the war,
05:30that is visible.
05:31So, until this situation does not change,
05:34until there is no update,
05:36until there is no boost for the positive market,
05:38it will remain like this.
05:40Absolutely.
05:41So, in this week,
05:42are you able to see the main triggers of the market?
05:44And with which strategy should investors move forward?
05:48See, out of the money,
05:50call or put,
05:51the first thing is to sell and move.
05:52Time value should be taken here.
05:53Keeping the stock-specific approach,
05:55we should focus on the four sectors that I told you.
05:57And secondly,
05:58if you are looking at the levels of Nifty,
06:00then I think that
06:01till 23,200,
06:0323,500 is the first support,
06:0523,200 is the second support.
06:07But if you look at the long,
06:09if you look at the deep correction,
06:10then I think the market should be correct by 22,800.
06:13That is,
06:14a correction of 1000 points from the current level,
06:16can be seen as a big correction.
06:17And
06:18the buying opportunity can be seen more there.
06:21So, the approach should be kept here.
06:23If anyone wants to jump,
06:24there has to be an exit.
06:25If anyone wants to jump,
06:26there has to be a strategy of selling.
06:27On the other hand,
06:28the strategy of selling can be seen more.
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