Nifty in Wait to Sell zone

Blog meant for 14 Nov 2017 Tuesday

Dear Friends,

Nifty had huge fall as it was weak throughout the day and finally closed 97 points lower at 10225. Asian markets were all mainly negative and so were the European markets. The US markets are trading marginally higher as of now.

The analysis for tomorrow for short term is as follows:
Nifty is in Wait to Sell zone.

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

WAIT TO SELL – ASIAN PAINT

SELL – HINDALCO, HDFC BANK,

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

There are no Fresh buy indications for short term.

As markets fall, many of the bluechip stocks are becoming cheaper and hence more attractive to buy.  The short term fluctuations of the markets are part of how Stock Markets work. It is upto to us to not get distracted by it when investing for long term. The financial performance of the company is the major factor for the long term growth of a company’s shares.

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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