Nifty below 10200 mark

Blog meant for 8 March 2018 Thursday

Dear friends,

Another negative day for our markets. Nifty fell by 95 points and closed at 10154. Asian markets were all negative. European markets have all closed positively and the US markets are trading flat as of now.

Just like how in 2017, markets continued to go up massively without reason. Similarly, in the last one month, markets have been falling without any major reason. This is the way bull and bear markets work.

As investors, we should understand that this is all part of how markets work and hence nothing to be surprised about. If you are a new investor, it is a good time to learn about how markets behave since you will see similar situations even in the future in your investing life.

Nifty is in Don’t Buy zone.

The indications for individual stocks for short term are –

DON’T BUY – HINDALCO, ASIAN PAINT, MARUTI, M&M, SBI, YES BANK, AXIS BANK, ITC, HDFC BANK, HDFC, VEDANTA, Reliance Industries, TCS

SELL – Infosys

WAIT TO BUY – TITAN

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

Continue to invest on a monthly basis for long term only in the stocks suggested in the Workshop. Do not invest in other companies.

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Question –

Since we are seeing a correction/fall in markets, when will the fall stop so that we can buy stocks for long term at that time?

Answer –

This question is an interesting question and comes to most investors mind. However, nobody can predict what will the lowest level for the markets nor can anybody predict when the markets will reach the lowest level.

This is the reason regular SIP investing helps investors by not needing them to predict highs or lows of the markets. Investing will happen every month regularly whether the markets move up or down. As long as the investments are being made in the leaders of the sectors, they can continue to hold it while regularly monitoring the business performance.

Selling decision comes either when certain companies have been continuously reporting poor profits/losses or when we need the money many years later for various events in our life such as for children or for our own future.

Do not try to guess lows and highs of the markets. Millions have already tried it and have failed since it is not possible.

Do not stop monthly investments just because markets are falling. In fact such situations, you must be excited to invest for long term since prices are falling and we are able to buy many companies at lower prices than earlier.

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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)