Profit Booking pushes markets down

Blog meant for 13 Dec 2017 Wednesday

Dear Friends,

Profit booking in markets resulted in Nifty falling by 82 points to 10240. Global cues are slightly positive as of now.

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

Nifty is showing Sell indication. The indications for individual stocks are –

THE HOLDS ARE- MARUTI, INFOSYS, TITAN,

THE DON’T BUYS ARE- VEDANTA, HINDALCO, SBI, ASIAN PAINT, Kotak Mahindra Bank, RELIANCE, TCS, HDFC, M&M

WAIT TO SELL –  ITC

SELL – AXIS BANK, HDFC Bank, YES BANK

All the best!

Dr Bharath Chandra and Rohan

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(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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