Blog meant for 15 May 2017 Monday
Dear friends,
Profit booking lead to Nifty consolidating and falling by 22 points to close at 9401. As mentioned earlier in blog, even when markets are extremely positive, there are always small dips.
As per 30 days moving average, Nifty is in Hold zone.
The indications for short term for individual stocks are as follows –
THE HOLDS ARE – L&T, HDFC BANK, MARUTI, ASIAN PAINT, M&M, SBI, HDFC, Titan
Sell – AXIS BANK, BHEL
Wait to Buy – ONGC
Just Buy – TCS (the blue line has just crossed the red line. Buy if you can have risk appetite only)
Buy – INFOSYS
Don’t Buy – LUPIN, Reliance, ITC, DIVISLAB
All the best!
Dr.Bharath Chandra
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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