Markets trading in narrow range with no particular direction

Blog meant for 13 Nov 2017 Monday

Dear Friends,

Weak opening for the Nifty on Friday. However, towards the end, it recouped the loss and closed 13 points higher at 10322.

Global cues were weak all over the world. Since tomorrow is the start of a new week, we have to see how Asian markets open tomorrow.

The analysis for tomorrow for short term is as follows:
Nifty is in Hold zone.

THE HOLDS ARE- AXIS BANK, MARUTI, SBI, TCS, TITAN, INFOSYS, M&M,  HINDALCO

WAIT TO SELL – HDFC BANK, ASIAN PAINT

SELL – RELIANCE

THE DON’T BUYS ARE- KOTAK BANK, YES BANK, VEDANTA, HDFC

WAIT TO BUY – ITC

There are no Fresh buy indications for short term.

Invest regularly for long term on a monthly basis. The earlier you start, the more consistently you invest and the longer you hold, the better will be the profits in long term.

The above stocks are for tracking and watching purpose only. You need not buy all the above stocks for short term. Only stick to the list of companies which were suggested during the Workshop and Buy them only when the Buy indication arises for them.

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)