BLOG MEANT FOR 12 JULY 2018 Thursday
Dear friends,
Volatile day for markets today due to markets reaching a higher level and weak global cues. Nifty closed flat at end of day.
Asian markets were heavily negative in the morning and European markets have also closed more than 1% lower for the day. US markets are also negative tonight.
As mentioned in the blog yesterday, since Nifty is close to 11000 mark, markets will be little cautious and hence the volatility.
Nifty is in HOLD zone for short term.
The indications for individual stocks for short term only are –
DON’T BUY ZONE – SBI, VEDANTA, TITAN, HINDALCO
HOLD ZONE – TCS, INFOSYS, HDFC, MARUTI, ASIAN PAINT, HDFC BANK, M&M, YES BANK, ITC, RELIANCE INDUSTRIES, AXIS BANK
Long term investors can continue to invest regularly every month.
Some of the stock prices have fallen a lot recently. As long as you are a long term, take it as an opportunity to buy at lower prices.
All the best!
Dr.Bharath Chandra and Rohan
(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)
