Keep holding for short term

Blog meant for 23 Feb 2017 Thursday

Dear friends,

Nifty continued uptrend to close 19 points higher. However, global cues still remain little weak due to various concerns regarding Federal Reserve;

Nifty is deep in Hold zone.

The indications for short term are –

THE HOLDS ARE – TITAN, HDFC BANK, BHEL, M&M, SBI, HDFC, TCS, MARUTI, Infosys, RELIANCE, DIVISLAB, L&T, AXIS BANK, ASIAN PAINT

DON’T BUY –  LUPIN, ONGC

WAIT TO SELL –  ITC

Hope long term investors are investing on a monthly basis in bluechips.

 ———

Dr.Bharath Chandra Foundation (Charitable Trust)

Subject: Free Seminar on Rain Water Harvesting in Bengaluru by Mr.A.R.Shivakumar (Renowned Water Harvesting Expert)

Recently, we have been coming across many news articles with statements such as below:

‘Evacuation in Bengaluru in 5-10 years due to water shortage.’

Some of the reasons for such statements are :

• Groundwater levels have reached below 1000 feet in many areas of Bengaluru.

• Bengaluru district has no major rivers flowing.

• The average annual rainfall in Karnataka is only 1,248 millimetres and it is very obvious that such low level rainfall has resulted in the decline of groundwater levels. Some bore wells that are not too deep have gone dry.

We are happy to announce that Dr.Bharath Chandra Foundation is taking up the above cause on Charitable basis to bring about a difference by promoting ‘Rain Water harvesting’ to the citizens so that the water shortage in Bengaluru can be reduced and the groundwater can be replenished.

Some of the benefits of Rain Water Harvesting :

1. Save money on water bills by using your own water source
2. Replenishing Groundwater levels in the City
3. Re-usage of Rain Water for Household purposes.

All sites measuring 1200 sq.ft (30 X 40 Feet) and above have to compulsorily do Rain Water Harvesting for their houses.

As of now, only around 20% of the Bengaluru houses have implemented Rain Water Harvesting in spite of it being made mandatory by the Government. In fact, there is a proposal by the Government to levy fines on people who have not done Rain Water Harvesting for their houses.

The details are as follows:

Date – 26 Feb 2017 (Sun)

Time – 10.00 am to 12.00 noon (Please report by 9.45 am)

Venue – Jain College, Ground Floor Auditorium, No.44/4, District Fund Road, Jayanagar 9th Block, Bangalore – 69 (Opp. Ragigudda Temple Arch on the Ring Road & Opp.Bangalore Central Mall, Jayanagar)

To participate in the above meeting, please SMS “Name – RWH” to 9632 44 3333
(before 25 Feb).

You can attend this Informative Session irrespective of whether you have a house or whether you have done Rain water Harvesting or not. You will learn many interesting things. You can bring your friends and relatives with you.

Your SMS is a confirmation of your Seat being reserved and hence no reply will be sent to your SMS.

All the best!

Dr.Bharath Chandra