Nifty rallies today – but individuals stocks in Don’t buy zone

Blog meant for 17 Nov 2017 Friday

Dear Friends,

Good pullback for our markets today. Nifty rose by 97 points higher to close at 10215. The rally today was due to positive global cues. Asian, European and US markets are all very positive today.

The analysis for tomorrow for short term is as follows:

Nifty is in Wait to Buy zone after today’s rally.

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

Wait to Sell – ASIAN PAINT

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

BUY – RELIANCE (It is showing a Buy indication. You can buy tomorrow if you risk appetite since Nifty is still in don’t buy zone. The other option is to wait for one more day and see how markets move tomorrow and then take a decision to buy).

Long term investors can continue their monthly investments.

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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