Markets continues to stay weak

Blog meant for 15 Feb 2018 Thursday

Dear friends,

Volatile day for markets today. Nifty closed 39 points down an finished 10500. The global cues are positive tonight. European and US markets are 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 are –

THE HOLDS ARE-

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

SELL – TCS

WAIT TO BUY – HDFC

JUST BUY – RELIANCE INDUSTRIES (Since Nifty and most of the individual stocks are in Don’t buy zone, we can ignore the Buy indication. To be on the safer side, avoid buying for short term).

There are no fresh buy indications for short term as of now.

Only invest for long term in only the bluechip companies suggested in the Workshop.

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All the best!

Dr.Bharath Chandra and Rohan

Please do not comment on the blog. Any questions or clarifications can be asked by sending us an email with your registration number given to you during the Workshop. Questions without quoting registration number will not be answered.

(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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