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Hi

Results are fake or what

Whole market seems to be in red, is it supposed to go down further?

@Wealth is my birth right! https://in.benzinga.com/content/399...et-price-after-q1-results-missed-expectations

@shivamk We were at ATH, it's a normal process
phases: accumulation and distribution. After distribution, the market falls. This way it goes up.

@m4b got it, just a thought came in my mind that will the distribution phase continue for some days

Time to enter for a swing

Sa@m4b I knew ATH for all stocks particularly PSU and Defence. But one thing I would like to add is the resilience of Retail Investors 🫡. So they are taking care. Even on the mixed reactions on Budget Nifty didn’t fall much, even there was short fall everything recovered well. But not sure how long this will last.

mutual funds has 1.42 lakh crores of freecash, So freefall in market won't happen easily.

@BVC yep, retail are taking control

sector rotation happening.... off lately BNF perfomed decently, so just a minor correction or profit booking after budget....

Profit booking and consolidation
Nothing to worry

Nifty is about to reach ATH again. Possible ATH mein hi close ho aaj

@BVC
Excellent DP. Did you design ? The V is like namam on the lord Venkateshwara. I guess VC stands for Venkata Chalam.

Looks like Naman only. But not VenkataChalam, BTW Venkatachalam is very near to my place 😂