Profit booking pushes markets lower

Blog meant for 21 March 2017 Tuesday

Dear friends,

Nifty closed down by 33 points and below 9150 mark. Profit booking and weaker global cues resulted in fall in our markets too. As mentioned in yesterday’s blog, our markets consolidated a bit today.

We have to see whether Asian markets start positive tomorrow.

The indications for short term are –

THE HOLDS ARE – TITAN, HDFC BANK, BHEL, INFOSYS, RELIANCE, ASIAN PAINT, L&T, MARUTI, HDFC, DIVISLAB, ITC

Wait to Sell – TCS, SBI,

Sell – AXIS BANK

Don’t Buy – M&M, ONGC

Just Buy –  LUPIN (Buy if you have risk appetite only since markets are little weak today because of weak global cues). You may buy tomorrow and be ready for consolidation or wait for another and then decide whether to buy or not.

Continue monthly investments for long term.

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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