Nifty manages to stay above 10600 mark

Blog meant for 31 May 2018 Thursday

Dear friends,

Today was a negative day for markets but Nifty finally closed only 19 points lower. Global cues are quite positive tonight. European and US markets are trading positive as of now.

Tomorrow is the last day of Futures & Options contracts for May month. So, there could be some volatility for our markets tomorrow.

Nifty is in Don’t Buy zone for short term.

The indications for individual stocks for short term only are –

DON’T BUY – TITAN, VEDANTA, RELIANCE INDUSTRIES, HDFC, ITC, MARUTI

HOLD – ASIAN PAINT, INFOSYS, SBI, HDFC BANK, AXIS BANK,  M&M, YES BANK

WAIT TO SELL – TCS, HINDALCO

Long term investors can continue to invest every month regularly.

Do not miss investing for long term for any reason. If you do not have too much to money to invest,  just invest a small amount. But as far as possible, ensure regular investing.

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All the best!

Dr.Bharath Chandra and 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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