Blog meant for 6 June 2018 Wednesday
Dear friends,
Very volatile day for Nifty today. Although it was weak throughout, during some parts of the day, it was down by almost 70 points but finally closed only 35 points lower.
RBI will announce its decision on interest rates tomorrow afternoon. Markets may be volatile and nervous tomorrow too.
Global cues are mixed tonight. Some Markets are marginally positive and others slightly negative.
Nifty is in Don’t Buy zone for short term.
The indications for individual stocks for short term only are –
DON’T BUY – TITAN, VEDANTA, HDFC, ITC, TCS
HOLD – INFOSYS, SBI, HDFC BANK, M&M, HINDALCO, MARUTI
WAIT TO SELL – ASIAN PAINT
WAIT TO BUY – RELIANCE INDUSTRIES
SELL – AXIS BANK, YES BANK
Long term investors can continue to invest every month regularly.
———–
SUBSCRIBE TO OUR BLOG IF NOT DONE SO ALREADY
Most of the regular readers of our blog seem to have already subscribed to the blog. However, we have noticed that large number of people have still not subscribed to the blog.
This is very important. Please delay subscribing to the blog further. We propose to make this blog available only through email to our Workshop participants after June 15.
Hence, if you have not yet subscribed to the blog, please follow the below steps.
1. Click on the red button below and fill up the form. After filling it up, click on signup.
2. Once you do the above, you will receive an email asking you to click on a link to verify your email ID. This email may be in your inbox or in your spam folder.
3. Open the email and click on the link to verify your email. You will receive a notification on the next window stating confirmation of your email ID.
Once you do the above, in future once we make the facility active (after few weeks), you will receive the blog on your email and will not be available on our website.
The Blog will not be available in public domain after few weeks. Hence, if you do not subscribe, you will not be able to read it.
Dr.Bharath Chandra and Rohan
