Nifty enters Sell zone

Blog meant for 15 Nov 2017 Wednesday

Dear Friends,

The downtrend in our markets continued today. Nifty fell by 38 points to close below 10200 mark at 10187. Global cues are also mainly negative which is making it very difficult for markets to reverse the trend.

This is profit booking by investors which is leading consolidation in our markets in last few days.

Anyway for short term, there are no buying opportunities as of now. It is only holding and selling depending on individual shares.

It is a good time to purchase many bluechip companies at considerably lower prices than a month back.

The analysis for tomorrow for short term is as follows:

Nifty is in Sell zone.

THE HOLDS ARE- AXIS BANK, MARUTI, SBI, TCS, TITAN, INFOSYS, M&M

SELL – ASIAN PAINT

THE DON’T BUYS ARE- KOTAK BANK, YES BANK, VEDANTA, HDFC, ITC, HINDALCO, HDFC BANK

WAIT To BUY – RELIANCE

The above stocks are for tracking and watching purpose only. You need not buy all the above stocks for short term. Only stick to the list of companies which were suggested during the Workshop and Buy them only when the Buy indication arises for them.

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.

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