Markets nervous but hold for short term

Blog meant for 9 May 2018 Wednesday

Dear friends,

A volatile but flat day for our markets today. US markets and European markets both are negative tonight.

May be markets nervous due to upcoming Karnataka elections on May 12 and the results on May 15.

Nifty is in Hold zone for short term.

The indications for individual stocks for short term only are –

DON’T BUY – MARUTI, VEDANTA

HOLD – M&M, RELIANCE INDUSTRIES, TCS, ITC, YES BANK, HDFC, ASIAN PAINT, HDFC BANK, HINDALCO,  TITAN, AXIS BANK

WAIT TO SELL – INFOSYS

BUY – SBI

Long term investors should continue to invest every month without missing for any reason.

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)