Blog meant for 16 May 2017 Tuesday
Dear friends,
The uptrend continued today as it closed 44 points higher. Global cues are marginally positive in Europe and US.
As per 30 days moving average, Nifty is in Hold zone.
The indications for short term for individual stocks are as follows –
THE HOLDS ARE – L&T, HDFC BANK, MARUTI, ASIAN PAINT, M&M, SBI, HDFC, TCS
Wait to Sell – Titan, INFOSYS
Buy – ONGC
Wait to Buy – BHEL, ITC
Don’t Buy – LUPIN, Reliance, DIVISLAB, AXIS BANK
Let us see if the Nifty continues to stay strong because some of the individual stocks are losing some momentum.
All the best!
Dr.Bharath Chandra
About the author
Dr. Bharath Chandra
Hi there! This is Dr. Bharath Chandra & Rohan, International Trainers & Success Coaches. We have addressed more than a crore people on Stock Market, Personality Development, Wealth Management and Financial Planning over the past 35 years.
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