Keep Holding for short term

Blog meant for 14 Feb 2017 Tuesday

Dear friends,

Flat day for markets once again today for Nifty. However, it closed above the 8800 mark once again. Global cues are mixed and mainly flat with no major momentum. Similar trend in our markets may continue.

The indications for short term are –

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

THE DON’T BUYS –  RELIANCE, ONGC, LUPIN

WAIT TO SELL – DIVISLAB

So far this rally has been good for most stocks. Many stocks have already appreciated between 5-10%. It has been a good start for the markets this year.

Also, our long term portfolio must have appreciated too in the recent days due to the rally. Continue to invest even when the stocks are rising since in the long term it would have gone much higher.

All the best!

Dr.Bharath Chandra