Nifty consolidates

Blog meant for 6 October Friday 2017

Dear Friends,

Nifty fell by 26 points to close at 9889 as it consolidated today. However, the global cues are positive tonight and hence if the positive cues continue tomorrow morning, Nifty could open in the green.

The technical analysis is as follows for short term –

HOLD – VEDANTA, RELIANCE

WAIT TO BUY – YESBANK, M&M, INFOSYS

DON’T BUYS ARE – SBI,  ACC, ASIAN PAINT, LARSEN, TCS, TITAN

SELL – HINDALCO, HDFC, HDFC BANK, MARUTI

Hope long term investors are continuing to invest regularly.  Do not neglect long term investments at any cost.

Short term trading is only optional depending on your risk appetite and time available to observe markets every night.

—–

Dr.Bharath Chandra & 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)