Many stocks coming to wait to buy zone

Blog meant for 27 Feb 2018 Tuesday

Dear friends,

Rally continued today too in global markets. Nifty rose by 92 points to close at 10583. Asian, European, US markets are all positive tonight.

The analysis for Short term as per technical analysis is as follows:

Nifty is in Don’t Buy zone.
The indications for individual stocks for short term are –

DON’T BUY – HINDALCO, ASIAN PAINT, TITAN, MARUTI, M&M, SBI, YES BANK, AXIS BANK, ITC

BUY – RELIANCE INDUSTRIES

WAIT TO BUY – HDFC BANK, HDFC

WAIT TO SELL – INFOSYS, TCS

HOLD – VEDANTA

Long term investors can continue to buy bluechips on monthly basis.

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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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