Markets at new high- hold indication for short term

Blog meant for 17 October Tuesday 2017

Dear Friends,

Nifty continued its fantastic rally today as it went up by 63 points to 10231. It got support from Asian markets today which had good rallies too.  However, the European and US markets are little flat tonight.

Although, foreign investors have been selling stocks in India markets for almost last two months, Indian institutions and individual investors have been buying and hence markets have managed to go up.

Currently, Nifty has closed at its all time high and hence although it is looking very strong, there is always a chance that profit booking can take place.

The last time markets were so strong was in 2007-08 before the big fall took place in 2008 because of the financial crisis in US. Let us hope that when it falls this time as part of the Stock Market cycle, the fall is not so severe.

As history has shown as, every 8-9 years markets fall from their peak and then once again picks up once again.

Long term investors with a time horizon of 10-15-20-25 years or more can continue to invest on a monthly basis for fulfilling their future goals in life.

Nifty is in Hold zone.

The technical analysis is as follows for short term –

HOLD – RELIANCE, HINDALCO, INFOSYS, M&M, TCS, HDFC BANK, TITAN, VEDANTA, ACC

WAIT TO SELL – YESBANK, HDFC

DON’T BUY – SBI, ASIAN PAINT, LARSEN, MARUTI

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Workshop on Personality Development

Session on Time Management & Goal Setting

(Conducted by Dr.Bharath Chandra in KANNADA ONLY for our Graduates and their friends)

The topics of the Special Session will be as follows:

  • Time Wasters

  • What are the Priorities in Your life

  • Time tested proven technique of setting Goals by following the guidelines of American Psychologists Association

  • Goal cues

  • Long term goals and short term goals

  • Pareto’s Principle

  • The Magic of 5 things to do for tomorrow technique

  • The infallible Weekly Organizer technique to manage your time very effectively.

A copy of the celebrated Weekly Organizer will be given to all participants to cover one full year with model plotting. Study Material will also be given.

Date – 29 Oct 2017 (Sun)

Time – 6.10 pm to 9.00 pm

Venue – Jain College, Off JC Road, (by the side of Ravindra Kalakshetra), Poornima Theatre Rd, B’lore

Only 40 seats are available for the Session as of now.  Hurry for registration!

Normal Fees for Non Institute Members – Rs.800/-

Special Fees for Our Members – Rs.400/- (Inclusive of Weekly Organizer & Study Material)

Kindly note: Only one member is allowed for one registration.

Late comers please excuse.

You can attend the Workshop with your friends/relatives. However, the fees for non-institute members will be Rs.800 per participant. 

How to Register?

Registration strictly by email. You must confirm before 18 Oct. Seats allocated only for people who register by email.

For registration for the Time Management & Goal Setting Workshop, please send a separate email to successdigest@gmail.com with subject Goal Setting Workshop with the following details – 

Name – 

Mobile Number – 

Email ID –

I am interested to attend the Time Management & Goal Setting Workshop. I will come for the Session on 29 Oct (Sun) by 5.35 pm to Jain College, Off JC Road, (by the side of Ravindra Kalakshetra) and pay the Workshop Fees of Rs.400/- by cash.

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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