Blog meant for 26 September Tuesday 2017
Dear Friends,
The downtrend continued today as Nifty fell by 92 points. In fact, it was down by about 150 points at one point but recovered a little before end of the day
Asian, European and US markets are trading negative and there is chance of weakness for our markets tomorrow too.
Investors who have entered into short term trades must follow technical analysis rules without using any emotions.
The technical analysis is as follows for short term –
THE HOLDS ARE- MARUTI, RELIANCE, TCS
Wait to Sell – ASIAN PAINT, HDFC BANK, YESBANK, LARSEN
SELL – HDFC
DON’T BUYS ARE- INFOSYS, SBI, M&M, ACC, TITAN, VEDANTA, HINDALCO
Hope long term investors make use of the fall in markets as good buying opportunity for bluechips.
Do not enter into any short term trades for now.
If you are having a Lumpsum amount to invest for long term, spread the amount in 4 to 5 instalments so that you can benefit from falling prices if markets continue to stay weak.
All the best!
——————
Dr.Bharath Chandra & Rohan
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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