New closing high for Nifty – 10624

Blog meant for 9 Jan 2018 Tuesday

Dear Friends,

Nifty touched 10600 for the first time today as the rally continued helped by positive global cues. Nifty closed strongly, up 64 points to close at 10624.

Asian markets were all positive today. European markets are trading mixed and US markets are marginally higher.

The momentum in global stock markets is pushing markets higher. However, as short term investors we should be cautious about such rises since at higher levels, there is a chance of a correction/fall in markets any time.

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, ITC,  INFOSYS, RELIANCE INDUSTRIES

WAIT TO SELL – HDFC BANK

THE DON’T BUYS – SBI

There are no fresh buy indications for short term as of now since most individual stocks are in Hold zone. We have to see how much stocks will go up before consolidation takes place.

Do not get carried away and make unnecessary purchases for short term.

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Session on One Time Investment in Stock Markets

(Special Session ONLY for graduates of Dr.Bharath Chandra’s Stock Market Workshop)

Session will be predominantly conducted in Kannada

We hope and presume that you have been investing on a monthly basis for long term in Stock Markets to save money for various events of your life such Children Education & Marriage, Retirement etc.

However, many of you may have some lumpsum amount as savings which you would like to invest for long term as one time Investment.

We are conducting a Special Session highlighting the efficiency of One Time Investment for long term and practically invest a Lumpsum amount in the Stock Markets in already researched and time tested bluechip companies.

For example, an investment of Rs.13.02 lakhs made around 18 years back in Jan 2000 as One time Investment in selected bluechip companies suggested by us, has grown to Rs.9.01 crores in Jan 2018. This works out around 26% p.a. average returns without attracting long term capital gains tax.

A lumpsum One time investment in Stocks of Rs.1,20,000 when a child is 3 years old will approximately make the Professional education like Engineering and the Marriage of the Child Free.

The topics of the Special Session will be as follows:

ü  Which is more profitable – One time Investment or SIP (monthly basis)

ü  How to Practically Plan & Invest Lumpsum Amount for Children Education & Marriage

ü  How to Invest for Your Retirement

ü  How long you need to wait to get fool-proof Positive Gains from Stocks

ü  How to Monitor your Portfolio periodically (once in 3-6 months) to ensure continued profitability.

In case you already have a demat account, you can invest the Lumpsum amount through the same account. If you do not have a demat account, required assistance will be provided.

Date – 14 Jan 2018 (Sun)

Time – 6.10 pm to 8.00 pm

ONLY 50 seats are available for the Session.

Normal Fees – Rs.400/-

Special Fees – Rs.150/- (Only if Paid on 14 Jan at 5.30 pm)
(Please note that  your Spouse is allowed Free).

Please note that this Session will not be repeated and hence do not miss this Session.

Who is Eligible to attend this Session?
Past participants of our Stock Market Workshop who already have a demat account and have started investing.

You must strictly carry your registration card/ name badge or study material given to you when you attended the Workshop. Entry will not be permitted unless you produce any of the above.

Guests or general public are not allowed for this Session.

(Participants who have already attended our One Time Investment Session need not attend again)

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For registration for the One Time Investment Session, please send a separate email to successdigest@gmail.com with the subject ‘One Time Investment Session’ with following details –

Name –

Mobile Number –

Email ID –

Month & Year when you attended Stock Market Workshop

I am interested to attend the One time Investment Session and will report for the Session on 14 Jan (Sun) at 5.30 pm to Jain College, Off JC Road, (by the side of Ravindra Kalakshetra) and pay the Special Fees of Rs.150/- by cash.

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All the best!