Majority stocks showing Hold signal

Blog meant for 9 Jan 2016 Monday

Dear friends,

Markets fell marginally on Friday. Also, global cues are mixed and hence no major momentum.

The indications for short term are –

THE JUST BUYS OR BUYS ARE-  HDFC BANK

THE HOLDS ARE-  L&T, M&M, ITC, MARUTI, RELIANCE, TITAN, LUPIN, ASIAN PAINT, ONGC

THE DON’T BUY NOW ARE- DIVISLAB, HDFC, SBI

Sell – AXISBANK

Wait to Sell – BHEL, TCS

The Government has revised the GDP figure estimate from 7.6% to 7.1%. But the growth percentage for the Indian economy may be even lower due to demonetisation.

The Stock markets will be keenly observing this figure and may get affected if the figures are very low.

Let us see how the markets move in this week as many companies are expected to announce their quarterly results for the previous quarter.

Long term investors can continue their monthly investments

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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