Markets once again above 10500

Blog meant for 5 Jan 2018 Friday

Dear Friends,

Markets managed to close positive today after flatness during last two days. Nifty went up by 62 points to close above 10505.

Global cues were positive all over the world and hence it helped our markets to rise today.

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

Nifty is in Hold zone.
The indications for individual stocks are –

THE HOLDS ARE- MARUTI, TITAN, VEDANTA, HINDALCO, M&M, AXIS BANK, YES BANK, ASIAN PAINT, HDFC, TCS

WAIT TO SELL – INFOSYS, ITC

BUY – HDFC BANK

THE DON’T BUYS – SBI

WAIT TO BUY – RELIANCE

Long term investors should continue regular investments without worrying about short term market movements.

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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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