Consolidation in markets

Blog meant for 1 June 2017 Thursday

Dear friends,

Another quiet day for Nifty. It closed 3 points lower but still above the 9600 mark. It looks like a consolidation phase either before a further rise in markets or a fall.

The GDP figures for the Indian economy were released today. The economy has grown at 7.1% for the entire year 2016-17. However, in the recent quarter Jan-March 2017, the growth was only 6.1% mainly due to the demonetisation effect.

Let us see how markets react to this news tomorrow.

As per 30 days moving average, Nifty showing Hold signal.
The indications for short term are as follows:


Wait to Sell –  L&T

Wait to Buy –  Titan

Don’t Buy –  LUPIN, DIVISLAB, BHEL, Reliance, ONGC, SBI,


Anthurium Potted Plants Available for Sale on Wholesale Basis

We have good news. Our Floriculture project of growing Anthurium plants is now ready to Sell Anthurium plants on wholesale basis to Wholesalers and Nurseries. Currently the plants are in Mysore (Karnataka).

If you or any of your contacts know any Plants Wholesalers who would like to purchase these Anthuriums from us, let us know by sending us an email to with their requirements and contact details so that we can give more details of the plants which are available.

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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