Volatile markets

Blog meant for 5 April 2018 Thursday

Dear friends,

Nifty fell by 117 points due to weak global cues. However, it is likely that it will have a positive start on Thursday due to better global cues in Asia & US.

The RBI will decide on whether to increase or decrease interest rates today which will keep markets little cautious.

Nifty is in Don’t Buy zone for short term.

The indications for individual stocks for short term are –

DON’T BUY – HINDALCO, VEDANTA, AXIS BANK, RELIANCE INDUSTRIES, ITC, SBI, INFOSYS, TCS

HOLD – TITAN,  MARUTI, M&M, ASIAN PAINT

SELL – YES BANK, HDFC

WAIT TO SELL – HDFC BANK

Long term investors should invest every month in bluechip shares without worrying about the short term fluctuations.

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The How to Start a New Business Workshop in English has been scheduled on 28 & 29 April (Sat & Sun) in Bengaluru. The details are –

28 April (Sat) – 2.30 pm to 9.00 pm

29 April (Sun) – 9.15 am to 6.00 pm

Venue – Jain College, Off JC Road, Bengaluru.

Brief details of topics are given here – http://the.drbharathchandra.com/workshop/entrepreneurship/

35% of the registrations are already complete. Contact successdigest@gmail.com for Early Bird Fee details and how to register.

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All the best!

Dr.Bharath Chandra and Rohan

Please do not comment on the blog. Any questions or clarifications can be asked by sending us an email with your registration number given to you during the Workshop. Questions without quoting registration number will not be answered.

(The above comments are only the personal views of the authors of this blog. Please do your own research before taking any investment decisions. The reader of this blog must understand and take full responsibility for the Profit or Loss made by taking actions based on the above views)