Profit booking pushes Nifty lower

Blog meant for 14 September Wednesday 2017

Dear Friends,

Nifty went up to 10131, almost touching its life time high and then profit booking pushed it lower towards the end of the day. It finally closed at 10079, down 13 points. The global cues are slightly negative and hence it will be interesting to see whether Nifty goes up from here or consolidates further.

The technical analysis is as follows.

THE HOLDS ARE- ASIAN PAINT, HDFC, HINDALCO, MARUTI, RELIANCE, TITAN, VEDANTA, YESBANK, LARSEN, HDFC BANK, ACC

DON’T BUYS ARE- INFOSYS,  SBI, M&M

WAIT TO BUY – TCS

Hope long term investors are continuing to buy every month as short term is different and long term are different and meant for different purposes.

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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.

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