Blog meant for 29 Dec 2017 Friday
Dear Friends
Volatile day for Nifty. It fell marginally by 13 points to stay below the 10500 mark. Global cues are mixed and hence markets could be quite flat or weak tomorrow.
Tomorrow is the last day of trading. It has been a very good year for markets. Let’s see if markets can continue the same 2018 or consolidation takes place.
The analysis for Short term as per technical analysis is as follows:
Nifty is in Hold zone. The indications for individual stocks are –
THE HOLDS ARE- MARUTI, INFOSYS, TITAN, HDFC BANK, ITC, VEDANTA, HINDALCO, YES BANK, M&M
SELL – HDFC, ASIAN PAINT
WAIT TO SELL – AXIS BANK, RELIANCE
THE DON’T BUYS ARE – SBI
WAIT To BUY – TCS
Long term investors can continue to invest every month regularly.
All the best!
Dr Bharath Chandra and Rohan
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(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)
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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