No change in indications for short term

Blog meant for 24 Nov 2017 Friday

Dear Friends,

Nifty continued to trade in a narrow range today also just like the last few days. It is neither going up too much nor going down. There is a good chance that markets will move significantly in one direction in the next few days since the this entire week has been very quiet.

The analysis for tomorrow for short term as per technical analysis is as follows:

Nifty is in Hold zone.

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

THE DON’T BUYS ARE- YES BANK, VEDANTA, ITC, HINDALCO, Kotak Mahindra Bank, ASIAN PAINT, HDFC

Long term investors can continue to invest on a monthly basis.

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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)