Profit booking for markets

Blog meant for 28 July 2017 Friday

Dear friends,

Nifty had a volatile day today. It rose by around 100 points in the morning and towards the end, closed flat at 10020. Global continue to stay little weak and mixed.

As per technical analysis, Nifty is in Hold zone. The indications for individual stocks for short term are –

THE HOLDS ARE – Maruti, Yes Bank, Reliance, ACC,  SBI, HDFC Bank, Axis Bank,   TCS, L&T

Sell – Titan, LUPIN

Wait to Sell – Infosys, M&M

Buy – Asian Paint

Too late to Buy or Hold – HDFC

Don’t Buy – ITC, DIVISLAB

—————-

Short Traders must exercise caution regarding their holdings and future purchases at this level. Do not get carried away with rising markets.

Long term investors who are investing on a monthly basis can continue as per their plan.

All the best!

Dr.Bharath Chandra & 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.

View all posts