Nifty at almost 11,000 mark

Blog meant for 23 Jan 2018 Tuesday

Dear Friends,

The rally continued for our markets today. Nifty went up by 72 points and it is now at 10966. So far in the last one year, Indian stock markets have had a dream run as it has been rising continuously.

It is approaching 11,000 mark. We have to see if profit booking or correction takes place before it reaches the milestone.

Global cues are mixed but nothing particularly negative tonight.

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- TITAN, VEDANTA, AXIS BANK, YES BANK, ASIAN PAINT, HDFC, TCS, INFOSYS, HDFC BANK, M&M, ITC, RELIANCE INDUSTRIES

DON’T BUY – HINDALCO, SBI, MARUTI

There are no fresh buy indications for short term as of now.

Long term investors can continue monthly investments in bluechip stocks suggested in the Workshop

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)

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