Nifty consolidates- still hold for short term

Blog meant for 20 September Wednesday 2017

Dear Friends,

A volatile day for Nifty as it went up till 10178 but profit booking immediately resulted in it falling and then for the rest of the day traded in a narrow range. Finally, it closed at 10148, down 6 points. 

The global cues were also marginally negative and hence similar sentiments in our markets too. Tonight, European and US markets are trading marginally positive as of now. We have to wait and see how Asian markets open tomorrow morning.

The technical analysis is as follows for short term – 

THE HOLDS ARE- ASIAN PAINT, HINDALCO, MARUTI, RELIANCE, TITAN, VEDANTA, YESBANK, LARSEN, HDFC BANK, TCS

SELL – HDFC

WAIT TO SELL – ACC

DON’T BUYS ARE- INFOSYS, SBI, M&M

Unless there is any clear indication to buy for short term, do not unnecessarily trade. Many people get impatient to keep buying everyday or every few days for short term. The important aspect of making profits in short term is to buy only when it is the right time and sell as per graph indications.

Buy on a regular basis for long term on a monthly basis since it does not require any particular indication.

——————-

How to Make Money in Real Estate

 FREE Seminar by Dr.Bharath Chandra 

A Special FREE Seminar on “How to Make Money in Real Estate” has been organized in Bangalore on 23 Sept (Sat) at 6.45 pm for Dr.Bharath Chandra Institute members and their kith and kin.

Some of the topics of the Seminar are as follows:

~ Assessment of Real Estate investment compared to other investment avenues

~ What are the merits and demerits of investing in Gold, Stock Markets & Real Estate etc.

~ Advantages of Plots over other options

~ Important steps and guidelines to be taken by prospective investors before buying a plot

~ Technique of Buying plots at discount of 8-10% or more of market price by using special technique

~ Available opportunities for plot investments

~ An overview of Bangalore Real Estate scenario

At the end of the Seminar, a presentation will be delivered about the Residential Layout owned and developed by Dr.Bharath Chandra Group at Chikkaballapur which is being sold at a concessional price for only our Institute members.

This Seminar Opportunity is especially suitable for people who Own their own Residence and have invested their Surplus money in Bank Fixed Deposits and are looking for better returns by investing in Plots.

 Seminar details :

Date – Sept 23 (Sat)

Time – 6.45 pm to 8.30 pm

Venue – Jain College, Off JC Road (by the side of Ravindra Kalakshetra), Poornima Theatre Road, Bangalore

ONLY 60 Seats on First Come First Served Basis.

——-

To confirm your participation for this Seminar, please send us an email on successdigest@gmail.com with your *Name and Mobile number with subject-Real Estate Semimar*

You are NOT required to send an SMS or phone Call for confirmation. Only send email as mentioned above.

All the best!

Dr.Bharath Chandra & Rohan