No change in short term indications

Blog meant for 24 October Tuesday 2017

Dear Friends,

A volatile day for Nifty as it moved both ways and finally closed 38 points higher at 10185. Global cues were mainly positive in Asia and Europe and marginally negative in US.

The technical analysis for tomorrow for short term is as follows –

The Nifty is still in Hold zone

THE HOLDS ARE- ACC, HDFCBANK, HINDALCO, M&M, RELIANCE, TCS, VEDANTA

THE DONT BUYS ARE- ASIAN PAINT, LARSEN, MARUTI, SBI, AXIS BANK, TITAN, YESBANK.

The quarterly results of many companies are yet to be announced.  The direction of the market could get affected by it.

The North Korea tension is still potentially a factor for market direction.

Follow the above indications for short term.

Long term investors can invest on a monthly basis in the stocks list given in the Workshop.

The following is an article on how Stocks and Mutual funds are becoming very popular with larger number of people in India in the recent months.

https://economictimes.indiatimes.com/mf/60000-investors-now-entering-mutual-fund-market-everyday/articleshow/61137970.cms

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All the best!

Dr.Bharath Chandra & 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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