Most stocks still in Hold zone

Blog meant for 16 Feb 2017 Thursday

Dear friends,

Profit booking resulted in Nifty falling by 68 points to close at 8725. Global cues are relatively flat all over the world.

The US Federal Reserve Governor has hinted of a rate hike next month which is a negative for other foreign markets such as ours has kept global markets little pessimistic.

The indications for short term are –

THE HOLDS ARE –  ITC, TITAN, HDFC BANK, ASIAN PAINT, L&T, BHEL, M&M, SBI, HDFC, AXIS BANK, TCS, Infosys

THE DON’T BUYS –  LUPIN, ONGC, DIVISLAB

JUST BUY – RELIANCE

WAIT TO SELL – MARUTI

Long term investors can continue to invest as per their plan to achieve their long term objectives.

All the best!

Dr.Bharath Chandra

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.

View all posts